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BETMAKERS TECHNOLOGY GROUP LTD — M&A Activity 2020
Dec 7, 2020
64512_rns_2020-12-07_0555f3b5-fdfa-4cb1-8ac9-e61fe7707a4b.pdf
M&A Activity
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8 December 2020
SPORTECH ACQUISITION
The Board of BetMakers Technology Group Limited (“ BetMakers ”) notes the proposed acquisition (“ Acquisition ”) of the tote and digital business (“ Tote and Digital Business ”) from Sportech PLC (“ Sportech ”) which was announced to ASX on 1 December 2020.
BetMakers confirms that Sportech has announced that the meeting of Sportech shareholders to approve the Acquisition will be held on 24 December 2020 (" Meeting ").
A circular with respect to the Meeting will now be sent to Sportech shareholders. The circular contains a recommendation from the Sportech Board that Sportech shareholders approve the sale of the Tote and Digital Business to BetMakers.
For further information please contact Charly Duffy Jane Morgan Company Secretary Investor and Media Relations [email protected] [email protected] + 61 (0) 409 083 780 + 61 (0) 405 555 618
Todd Buckingham, Managing Director of BetMakers, authorised the release of this announcement to ASX.