Aristocrat Leisure Limited (ASX: ALL) confirms that shareholders of NeoGames S.A. (“NeoGames”) have voted to adopt the Business Combination Agreement entered into with NeoGames on 15 May 2023 and to approve the statutory continuation of NeoGames from Luxembourg to the Cayman Islands (“Continuation”). This shareholder approval is the first of two shareholder approvals required to effect the proposed acquisition of NeoGames by Aristocrat.
The Continuation will be completed following satisfaction of certain conditions, including receipt of all required gaming, antitrust and foreign investment regulatory approvals. These approvals are progressing well, in line with Aristocrat’s expectations.
Completion of the proposed acquisition will occur by way of a merger of a wholly owned subsidiary of Aristocrat with NeoGames which will take place following the Continuation and the satisfaction of certain conditions, including approval by NeoGames shareholders holding at least 66.7% of the shares entitled to vote and present or represented at the second shareholder meeting.
Aristocrat and NeoGames are continuing to work together to progress the remaining steps required to complete the proposed acquisition, which Aristocrat continues to expect will occur during FY24.
Authorised for lodgement by:
Kristy Jo, Company Secretary
Further information:
Investors: James Coghill
General Manager, Investor Relations
Mobile: (61) 412 426 272
james.coghill@aristocrat.com
Media: Peter Brookes
Senior Managing Director
Mobile: (61) 407 911 389
pbrookes@citadelmagnus.com
