{"id":9179,"date":"2025-05-28T06:55:18","date_gmt":"2025-05-28T06:55:18","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/05\/28\/shareholders-to-vote-on-novomatics-ainsworth-offer-in-july\/"},"modified":"2025-05-28T06:55:18","modified_gmt":"2025-05-28T06:55:18","slug":"shareholders-to-vote-on-novomatics-ainsworth-offer-in-july","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/28\/shareholders-to-vote-on-novomatics-ainsworth-offer-in-july\/","title":{"rendered":"Shareholders to Vote on Novomatic\u2019s Ainsworth Offer in July"},"content":{"rendered":"<div>\n<p>Ainsworth Game Technology shareholders may soon have a key decision to make. Austria-based Novomatic AG is <strong><a href=\"https:\/\/igaming.org\/casino-news\/novomatic-looking-to-fully-acquire-ainsworth-game-technology\/\">planning to acquire the remaining shares<\/a><\/strong> in the Australian slot machine manufacturer that it does not already own. The vote is expected to take place after shareholders receive official documents in July.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Novomatic already holds 52.9% of Ainsworth and aims to acquire the rest.<\/strong><\/em><\/li>\n<li><em><strong>Shareholders will be offered AUD1.00 per share in cash.<\/strong><\/em><\/li>\n<li><em><strong>Final court approval could come as early as August 2025.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>At Ainsworth\u2019s annual general meeting in Sydney, non-executive chairperson Danny Gladstone told investors that official documents on the acquisition will be sent out around July. Those materials will include a report from an independent expert and details from an independent board committee that evaluated the deal.<\/p>\n<p>Gladstone explained that the board committee had reviewed the offer in the context of Ainsworth\u2019s medium- and long-term prospects, and alternatives. The committee concluded that shareholders should vote in favour of Novomatic\u2019s proposal.<\/p>\n<p><em>\u201cThe independent board committee carefully evaluated the proposed offer against the company\u2019s medium and long-term growth prospects and the alternative opportunities available, and unanimously decided to support and recommend that shareholders vote in favour of the offer,\u201d<\/em> he said at the AGM.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Deal terms and premium offer<\/h2>\n<p>Novomatic plans to acquire the 47.1% of Ainsworth that it does not currently own. The proposed cash offer is AUD1.00 per share, or about $0.64 in US currency.<\/p>\n<p>According to Gladstone, that offer stands well above Ainsworth\u2019s recent share prices. It represents a 35% premium over the stock\u2019s closing price on April 24, the final day of trading before the agreement was announced. It also exceeds the stock\u2019s highest price in the past year.<\/p>\n<p>If shareholders vote in favour and other conditions are met or waived, the deal will proceed to court for final approval in August 2025. Should the court approve it, implementation would follow shortly afterward.<\/p>\n<p>Chief executive Harald Neumann also addressed shareholders at the AGM. He said that Ainsworth faced tough conditions during the 2024 financial year, especially in the Americas market.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/shareholders-to-vote-on-novomatics-ainsworth-offer-in-july\/\">Shareholders to Vote on Novomatic\u2019s Ainsworth Offer in July<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ainsworth Game Technology shareholders may soon have a key decision to make. Austria-based Novomatic AG is planning to acquire the remaining shares in the Australian slot machine manufacturer that it does not already own. The vote is expected to take place after shareholders receive official documents in July. Good to know Novomatic already holds 52.9% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9179","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9179"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9179\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}