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Sazka Group Acquires More Shares of OPAP

Published

5 years ago

November 4, 2019

Niji Narayan

Sazka Group Acquires More Shares of OPAP

Photo Source: seznamzpravy.cz

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Sazka Group has acquired 23 million shares of OPAP. The shares represent approximately 7.25% of OPAP’s total paid-up share capital. Sazka bought the shares for €9.12. After the completion of the shares transfer, Sazka now holds, directly or indirectly, approximately 39.9% of OPAP or 40.2% if the own shares are excluded.

“We are happy to have been able to significantly increase our participation in OPAP through the Public Offer. We look forward to continuing to invest in OPAP, in collaboration with those shareholders who chose not to sell their shares. We are happy that these shareholders have chosen to continue with us,” Karel Komarek, President of Sazka Group said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.