06 October 2014 Update concerning the completion of the Rights Issue Offering of Club Hotel Loutraki S.A.(the "CHL") Queenco Leisure International Ltd. (the "Company"), the emerging markets entertainment center and casino developer and operator, announces, following its previous report of 2 September 2014, that on 2 October 2014 the Board of Directors of CHL approved the rights issuance held by CHL, which resulted in the subscription of 17,029,440 new common shares of CHL for a total consideration of €8,685,014. Within this rights issuance framework, Powerbrook Spain S.L ("PBS") purchased shares for a total contribution of €7,070,895 of which € 6.8 million was contributed by loans conversion in accordance with the settlement agreement dated 30 June 2014 between the Company and Club Hotel Investments (C.H.) Ltd. For further information please see Company's press release dated 1 July 2014. Set forth below are the holding percentages of CHL's share capital before and after the completion of the said rights issue: Shareholders Percentage of Holdings in CHL's Share Capital (%) Before the Rights Issue After the Rights Issue Powerbrook Spain S.L 78% 79.67% Sciens Group: 17.43% 18.2% SCIENS ΔΙΕΘΝΗΣ Α.Ε. ΕΠΕΝΔΥΣ ΕΩΝ ΚΑΙ ΣΥΜΜΕΤΟΧΩΝ Schl Holdings Ltd. Sciens International Holdings 2 Piraeus Bank 2.96% 1.70% Efg Eurobank Ergasias 1.6% 0.82% Queenco Leisure International Ltd. For further information about the Company please visit www.queenco.comor contact: Queenco Leisure International Ltd. Yariv Lerner, Chief Executive Officer T: +972 3 7566 555 רח' מנחם בגין 11 קומה 30 רמת גן, ישראל FLOOR RAMAT-GAN, ISRAEL 11 MENAHEM BEGIN ST. 30
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