Event Publicly Available Information:
Is there a Successor to Lottomatica S.p.A.?
The Eligible Market Participant who submitted the question requests that the EMEA DC consider whether or not there is a Successor to Lottomatica S.p.A.
The Eligible Market Participant also submitted the items below as supporting information for the potential DC Question:
Extract from the press release of 28 October 2024
“Rome (Italy), 28 October 2024 - Further to the statement issued on 24 October, 2024, Lottomatica Group S.p.A. (“Lottomatica Group”) and Lottomatica S.p.A. (“Lottomatica”) hereby announce that on 25 October, 2024 the deed of merger by incorporation of Lottomatica into Lottomatica Group (the “Merger”) has been registered in the Companies Register of Rome. The Merger will therefore be effective as of 1 November 2024 (included) (the “Legal Effective Date”).”
Date | Description | Document |
---|---|---|
Closed | EMEA DC Statement – 15 November 2024 The EMEA DC considered whether there was a Successor to Lottomatica S.p.A. (the Reference Entity) in respect of 2014 Transactions due to a merger between the Reference Entity and Lottomatica Group S.p.A. which took effect on 1 November 2024, and following which the Reference Entity ceased to exist. The EMEA DC concluded that the Reference Entity had at least one Relevant Obligation outstanding at the time of the merger and all obligations were assumed by Lottomatica Group S.p.A. due to the merger. Accordingly, the EMEA DC concluded that Lottomatica Group S.p.A. was a Universal Successor, was the sole Successor to the Reference Entity and the Succession Date was 1 November 2024. | |
Ongoing | EMEA DC Meeting Statement – 13 November 2024 The EMEA DC met today to commence discussions in relation to the DC Question. The EMEA DC will publish an update in due course. | |
Request Accepted by DC | ||
Pending DC Consent |