Gamenet Group S.p.A. has successfully completed an Institutional Placement, selling 10,500,000 shares, which will enhance its market position and financial capacity in the growing Italian gaming industry.

Information on the Target

Gamenet Group S.p.A. ("Gamenet Group" or the "Company") has successfully completed the sale of its ordinary shares (the "Shares") through its shareholder TCP Lux Eurinvest S. à r.l. ("TCP"). This transaction targeted institutional investors as part of an Institutional Placement and has resulted in the Company's shares being admitted to trading on the STAR segment of the Mercato Telematico Azionario, which is organized and managed by Borsa Italiana S.p.A.

On December 4, 2017, following requests from the Institutional Placement, Gamenet Group placed a total of 10,500,000 Shares with 52 investors, representing approximately 35% of the Company's share capital. This placement included 9,545,455 Shares offered exclusively by TCP, alongside an additional 954,545 Shares stemming from the full exercise of the over-allotment option provided to the joint global coordinators. Post-placement, TCP and Intralot Italian Investments B.V. will hold 45% and 20% of the Company’s equity, respectively, assuming full exercise of the greenshoe option.

Industry Overview in Italy

The gaming industry in Italy is one of Europe’s largest and most diversified markets, encompassing a range of activities including amusement with prize machines, video lottery terminals (VLTs), sports bet