Gumpoldskirchen, 27 June 2016 – Following the approval by minority shareholders at the shareholders meeting held earlier today, NOVOMATIC will proceed with the proposed acquisition of a 53% stake in Ainsworth Game Technology (AGT). This relationship is expected to accelerate AGT’s development and support the creation of a stronger company with deeper product breadth enabling it to better compete against international gaming conglomerates. 

NOVOMATIC’s Chief Executive Officer Harald Neumann said that through NOVOMATIC’s majority shareholding, AGT will benefit from collaboration across a range of markets that will be substantially positive for long term shareholder wealth creation.

Mr. Neumann emphasised: “We value the trust and support by the minority shareholders through the positive vote of approving the share transaction and will make every effort to meet their expectations. We will commence implementing the binding commitments as outlined in the Notice of Meeting to crystallise the expected benefits of the relationship.”

He further stated that completion of the share sale is subject to a range of regulatory and gaming licence approvals.