Online Games

NYX Gaming Group and Scientific Games Announce Sky Betting & Gaming Will Support Proposed Acquisition of NYX

Monday 11 de December 2017 / 13:00

⏱ 2 min read

(Las Vegas).- NYX Gaming Group Limited and Scientific Games Corporation announced today that Sky Betting & Gaming has entered into an agreement to support the previously announced acquisition of NYX by Scientific Games for CAD $2.40 per ordinary share (the "Acquisition"). SkyBet owns 1,648,000 ordinary shares of NYX, 412,000 warrants, and 37,400 convertible preference shares of a subsidiary of NYX.

NYX Gaming Group and Scientific Games Announce Sky Betting & Gaming Will Support Proposed Acquisition of NYX

"We believe that the acquisition of NYX by Scientific Games delivers great value for us as a shareholder in NYX, and we look forward to continuing to work with a combined Scientific Games and NYX as more jurisdictions around the world look to legalize sports betting and online gaming" said SkyBet CEO Richard Flint.


Scientific Games and NYX today also announced that Institutional Shareholder Services Inc. and Glass Lewis & Co., two leading independent proxy advisory firms, have recommended that NYX shareholders vote "for" the scheme and shareholder resolutions at the shareholder meetings to approve the Acquisition.


The shareholders meetings to approve the Acquisition are scheduled for December 20, 2017 in Las Vegas, Nevada, and Scientific Games and NYX encourage all shareholders of NYX to cast their votes in favor of the Acquisition.


Scheme Circular and NYX Shareholders Meetings


The shareholders meetings to approve the Acquisition are scheduled for December 20, 2017 in Las Vegas, Nevada. Pursuant to the terms of the arrangement agreement between NYX and Scientific Games, the Acquisition is subject to the approval of: (i) a majority in number of NYX shareholders present and voting, either in person or by proxy, representing at least 75% in value of the NYX ordinary shares held by those NYX shareholders present and voting, either in person or by proxy (excluding shares held by Scientific Games); and (ii) a simple majority of the votes cast by the holders of NYX ordinary shares, excluding shares held by certain interested shareholders, as well as approval of the Royal Court of Guernsey.


How to Vote


Shareholders of NYX should have recently received a scheme circular and forms of proxy or voting instruction forms (white and blue) for NYX's court and general shareholders meetings to be held on December 20, 2017. If shareholders have any questions about any of the information or require assistance in completing the  forms of proxy or voting instruction forms, as the case  may be, please contact our information and proxy solicitation agent, D.F. King, toll free in North America at 1-800-761-6707 (1-212-771-1133 by collect call) or by email at inquiries@dfking.com.

Categoría:Online Games

Tags: Sin tags

País: United States

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