Internal Dealing

Internal Dealing

This section provides access to the disclosures concerning transactions carried out by Relevant Persons and disseminated to the market by Lottomatica in accordance with the applicable internal dealing regulations, with respect to transactions relating to shares issued by Lottomatica or other financial instruments linked thereto, executed, whether directly or through intermediaries, by the Company’s Relevant Persons and their Persons Closely Associated.

Relevant Persons and Persons Closely Associated

The following are currently deemed “Relevant Persons”: the members of Lottomatica’s Board of Directors and Board of Statutory Auditors, as well as the Company’s Key Managers with Strategic Responsibilities.

The following are defined as “Persons Closely Associated” with Relevant Persons:

1.  a spouse, or a partner considered to be equivalent to a spouse; 
2. a dependent child;
3. a relative who has shared the same household for at least one year as of the date of the transaction concerned; or
4. a legal person, trust or partnership, the managerial responsibilities of which are discharged by a person discharging managerial responsibilities or by a person referred to in point (a), (b) or (c), which is directly or indirectly controlled by such a person, which is set up for the benefit of such a person, or the economic interests of which are substantially equivalent to those of such a person;
5. any additional persons, whether natural or legal, as may be identified pursuant to the applicable laws and regulations in force from time to time;
6. any further persons designated as such by the Board of Directors through amendments to the Procedure adopted by Lottomatica.

Relevant Transactions

Transactions falling within the scope of internal dealing obligations include those (as listed in the Procedure adopted by the Company) carried out in relation to shares issued by Lottomatica or financial instruments linked thereto, which exceed the threshold of significance established by the Company in compliance with applicable European and national regulations.

Closed periods

Specific blackout periods (so-called “closed periods”) apply to Relevant Persons. In particular, Relevant Persons are prohibited from carrying out transactions during the 30 calendar days preceding the public announcement of the financial statements, interim financial reports and interim management reports. It is understood that the period of 30 (thirty) calendar days prior to the announcement shall commence from the date of the meeting of the Board of Directors established for the approval of the accounting data according to the Company’s financial calendar, or otherwise fixed, and the closed period shall end only after the press release regarding the approval of the said accounting data has been released to the public.

Internal Dealing Procedure

For further information, reference is made to the specific Internal Dealing Procedure adopted by Lottomatica in compliance with the applicable provisions in force, which is made available herein.