NeoGames S.A. Announces Upcoming Merger Vote

Neogames Sa (NGMS) has released an update.

NeoGames S.A. invites shareholders to an extraordinary general meeting on April 25, 2024, to vote on a merger with Anaxi Investments Limited, which will result in NeoGames becoming a subsidiary of Aristocrat Leisure Limited and delisting from the Nasdaq Global Market. Shareholders will consider a statutory plan of merger and a waiver proposal, with the possibility of a cash entitlement of $29.50 per share upon merger completion. The company will also transfer its statutory seat from Luxembourg to the Cayman Islands, changing its legal form in the process.

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