Annual General Meeting of CASAG confirms acquisition of 17.2% of its shares
Novomatic gets green light in Casinos Austria deal
Novomatic confirmed that today's resolution of the Annual General Meeting of Casinos Austria AG (CASAG) has determined the conditions precedent for the acquisition of 17.2% of its shares, held by MTB private foundation, have been met.
2016-12-20
Reading time 32 seg
Novomatic confirmed that today's resolution of the Annual General Meeting of Casinos Austria AG (CASAG) has determined the conditions precedent for the acquisition of 17.2% of its shares, held by MTB private foundation, have been met.
Harald Neumann, Novomatic CEO, said: "The entry of Novomatic as a new Austrian shareholder is an important step for a stable and sustainable core shareholder structure for the Casinos Austria Group. As a leading international and globally recognized gaming technology company we are interested in a valuable investment and positive development of CASAG."
Novomatic further announced that it has transferred an indirect 11.56 percent share of Österreichische Lotterien GmbH (ÖLG) to the Austrian Gaming Holding a.s. belonging to the SASKA Group and that it thereby remains a shareholder in ÖLG with a total share of less than 25 percent.
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