Allwyn and OPAP have removed a key hurdle from their planned combination. Both boards agreed to waive the cash exit condition linked to OPAP shareholders. The decision keeps the Allwyn OPAP merger on track for closing in the first half of 2026.

• The waiver removes the requirement that cash exit requests remain below five percent of OPAP’s share capital. Following OPAP’s January EGM, more than 50 million shares carried an exit right at EUR 19.04 per share. The boards said the move reflects confidence in shareholder support and the transaction’s structure.

• Shareholders exercising the exit right will be unable to trade those shares during the conversion period. These shares will also not be eligible for the previously announced EUR 0.80 post-closing dividend. Cash compensation is expected to be paid within one month after the cross-border conversion takes effect.

• The companies confirmed they have sufficient liquidity and financing in place to cover both potential cash exits and dividend payments. Regulatory approvals and customary closing conditions are still outstanding. Completion of the Allwyn OPAP merger is still expected in the first half of 2026.

• Once completed, the combined group will operate across lottery, sports betting, iGaming and casual gaming in Europe and North America. OPAP is expected to remain listed in Greece, with index eligibility maintained. Allwyn has also reiterated plans for an additional international listing after closing.

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