OPAP has successfully completed corporate restructuring, separating its gambling division into a 100% owned subsidiary.
The parent company has been renamed OPAP Holdings S.A. trading as OPAP Holdings, with the newly established subsidiary named Hellenic Football Prognostics Organisation Single-Member S.A.
The subsidiary will assume full responsibility for all assets, liabilities, contracts, licences and concession agreements previously held by the gambling division, including administrative authorisations.
The parent company remains the sole shareholder, maintaining complete control over the main business operations.
This strategy aligns with the establishment of a holding company structure, which distinguishes the investment and corporate levels from the operational gambling activities.
The spin-off of the gambling division was carried out in line with Greek laws. The decision was approved by the Ministry of Development on February 24, 2026, and registered the same day with the General Commercial Registry (GEMI). The Athens Stock Exchange was also notified.
It was also announced that on 27 February, 11,459,263 treasury shares acquired through approved share buyback programs will be cancelled. This will lead to a reduction of the company’s share capital by €3.44m ($4.06m).
As a result, the company's share capital will stand at €107.58m, divided into 358,603,478 nominal, indivisible shares, each with a nominal value of €0.30.
Earlier this month, Allwyn International AG and OPAP Holdings S.A. confirmed that shareholders representing 6.7% of OPAP’s outstanding shares have exercised their exit rights in connection with the companies’ proposed business combination.
Following OPAP’s Extraordinary General Meeting on 7 January, eligible shareholders were able to dispose of their holdings in exchange for cash compensation of €19.04 per share. The exercise period closed on 9 February, with exit rights validly exercised in respect of 23,959,850 shares.
For international transactions, the company will operate under the name OPAP Holding Societe Anonyme and use OPAP Holding as its trading name
