AGM was the first since CEO David Baazov stepped down

Amaya excludes media, non-shareholders from Annual General Meeting

Amaya, the Montreal, Canada-based online gaming giant and owner of PokerStars, took the unusual step of excluding the media and non-shareholders from its annual general meeting on Tuesday.
2016-06-29
Reading time 30 seg
Amaya, the Montreal, Canada-based online gaming giant and owner of PokerStars, took the unusual step of excluding the media and non-shareholders from its annual general meeting on Tuesday.

The AGM was the first since former chairman and CEO David Baazov stepped down, after he was charged following an investigation into allegations of insider trading.

Shareholders leaving the meeting said they were informed at the outset there would be no discussion regarding the accusations against Baazov, the ongoing investigation by the Quebec securities regulator or the possibility of a takeover.

“We’re treating it the way we feel is appropriate for shareholders this year,” Amaya spokesman Eric Hollreiser told reports outside the meeting.

Interim CEO Rafi Ashkenaz did not offer any comment.

Read the resolutions from the meeting here.

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