Amaya receives gaming regulatory approvals for Rational Group acquisition
Amaya also announced that it has received conditional approval from the TSX regarding the Proposed Transaction and the listing of Amaya common shares issuable in connection with the planned financing of the Proposed Transaction, including those underlying warrants, subscription receipts and convertible preferred shares issued in relation to the planned financing.
Completion of the Transaction remains subject to, among other customary conditions, the approval of certain aspects of the planned financing for the Proposed Transaction by Amaya’s shareholders, which are scheduled to consider the matter at the annual and special meeting of the Corporation’s shareholders on July 30, 2014. Assuming a favourable outcome at the Shareholder’s Meeting, Amaya and Oldford Group, the parent company of Rational Group, intend to move expeditiously towards completion of the Transaction.
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