OREANDA-NEWS. January 18, 2016. OEG group company Baina Investments sp. z o.o. signed the agreement to acquire a 20% holding in the Polish subsidiary Casino Polonia-Wroclaw sp. z o.o., increasing OEG group holding to 100%. The nominal value of the acquired shares is PLN 985,628.40 (EUR 1 = PLN 4.3458). The share capital of Casino Polonia-Wroclaw sp. z o.o. amounts to PLN 4,928,142.00 (EUR 1 = PLN 4.3458).

A 20% holding in the subsidiary Casino Polonia-Wroclaw sp. z o.o. is being acquired from Marek Sobiesiak. Parties have agreed not to disclose the transaction price. The transaction will have no material impact on OEG’s profit, assets or liabilities.

Following the deal, OEG will own 100% of Casino Polonia-Wroclaw sp. z o.o., which in engaged in casino operations on the Polish market.

Although for the purposes of the Rules and Regulations of NASDAQ OMX Tallinn Stock Exchange, the transaction is considered to be a transaction with a related party (Marek Sobiesiak had a qualifying holding in OEG’s subsidiary Casino Polonia-Wroc?aw sp. z o.o.), this does not constitute material transaction with a related party. The management board and the supervisory board members of OEG are not personally interested in this transaction in any other way. Under the transaction, OEG did not pay to Marek Sobiesiak using its shares, and Marek Sobiesiak owns no shares in OEG.