Business Context and Reporting Period
This Form 6-K filing by Codere Online Luxembourg, S.A. covers the month of September 2025. The report serves as an explanatory note regarding a significant executive transition within the Company.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is non-financial in nature and focuses solely on corporate governance changes.
Material Changes
The primary material change disclosed is the departure of Oscar Iglesias as Chief Financial Officer (CFO). Mr. Iglesias notified the Company on August 28, 2025, of his decision to step down for personal reasons. His departure is effective upon the earlier of the completion of an orderly transition or December 31, 2025. The filing explicitly states this decision is voluntary and not due to any disagreement with the Company, the Board, or management regarding operations, policies, or practices.
Outlook and Management Commentary
Subject to shareholder approval, the Board of Directors intends to appoint Mr. Iglesias to the Board, where he previously served between 2021 and 2023. The Company is committed to an orderly transition to his successor. No specific financial guidance, risk factors, or contingencies related to operations were disclosed in this filing.
Key Facts for Investor Verification
- Oscar Iglesias is stepping down as CFO effective no later than December 31, 2025.
- The departure is voluntary and unrelated to any operational or policy disagreements.
- Mr. Iglesias is expected to be appointed to the Board of Directors pending shareholder approval.
- A press release detailing the transition is included as Exhibit 99.1.
- No financial performance data is included in this specific filing.