BAINS DE MER MONACO: Online games: completion of the contribution / disposal of the stake held in Betclic Everest Group
SEA BATHING SOCIETY
AND THE CIRCLE OF FOREIGNERS IN MONACO
Monegasque public limited company with capital of €24,516,661.
Headquarters: Monte-Carlo – Place du Casino, Principality of Monaco.
RCS: Monaco 56 S 523 – Siren: 775 751 878.
Online games: completion of the contribution / disposal of the stake held in Betclic Everest Group
Monaco, 1uh July 2022
The Société des Bains de Mer et du Cercle des Etrangers à Monaco announces that its subsidiary, the Luxembourg company Monte-Carlo SBM International S.à.rl (“SBM International”), transferred on June 30, 2022, by way of sale and contribution of the entire 47.30% stake it held in Betclic Everest Group (“BEG”) to the Dutch company FL Entertainment NV (“FL Entertainment”), as announced in the press release of May 11, 2022.
FL Entertainment is, as of today, listed on the regulated market of Euronext Amsterdam, and SBM International holds 4.95% of the voting rights and 10.39% of the effective economic rights of this company.
This operation, which translates into a very significant favorable impact in the consolidated financial statements of the SBM Group for the 2022/2023 financial year, gives SBM International the financial means to pursue its development strategy, while maintaining a significant stake in a leading global entertainment business operating in attractive market segments with high growth potential.