NOVOMATIC to aid Independent Seat of Ainsworth Game Tech Board

NOVOMATIC to aid Independent Seat of Ainsworth Game Tech Board

Austrian maker of gear for the worldwide gambling industry and provider of related solutions NOVOMATIC AG stated in a current filing to the Australian Securities Exchange that if it completes the proposed takeover of fellow provider and manufacturer Ainsworth Game Technology Ltd., it would straight back the instant appointment of a independent individual towards the post of seat associated with latter company’s board.

In addition, the Austrian gaming giant would ensure that the Ainsworth Game Technology board would carry on having a separate directors bulk.

NOVOMATIC first announced intends to acquire the gaming that is australian-listed on February 23. The Austrian holding said that it could obtain a 53% stake in Ainsworth Game Technology from the latter’s Chairman and creator Len Ainsworth.

Earlier this month, the Australian company stated in a filing towards the ASX that a shareholders meeting have been postponed for approximately a month. The conference ended up being planned to be held on June 3 and during it, shareholders had been to vote in the proposed transaction.

The meeting was delayed because of discussions that are ongoing whether shareholding interests related to Mr. Ainsworth family members should vote en bloc, possibly to the detriment of the rest of the organization’s investors.

Based on a Friday filing from Ainsworth Game Technology towards the ASX concerning the potential takeover, NOVOMATIC has said that upon the transaction’s completion, if such conclusion happens, an independent individual is appointed as Chair associated with Australian company. 続きを読む NOVOMATIC to aid Independent Seat of Ainsworth Game Tech Board