Appointment of Market Maker
The company listed in the Athens Stock Exchange under the name “INTRALOT S.A. – INTEGRATED LOTTERY SYSTEMS AND SERVICES” (hereinafter the “Company”) announces that the Listings and Market Operation Committee of ATHEX, by means of its decision dated May 3rd, 2018 approved the appointment of “PANTELAKIS SECURITIES S.A.” as a Market Maker of the Company's shares for the purpose of improving their liquidity and set Monday, May 7th 2018 as the starting date. The Company, based on the stipulations of the Athens Exchange Regulation, has signed a market making agreement with PANTELAKIS SECURITIES S.A. with the following basic terms:
- PANTELAKIS SECURITIES S.A will transmit to the Trading System of the ATHEX market making orders (namely simultaneous buy and sell orders) for its own account on the Company's shares, in accordance with the specific provisions in the Law. For this service, the Company will pay a fee to PANTELAKIS SECURITIES S.A
- The agreement has duration of one (1) year commencing from the start date of market making of the share of the Company. At the end of the first year, the Market Making license is automatically renewed for an indefinite period, during which the Market Making may terminate, even without an important reason, after the lapse of a 30 day notification deadline.