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Intralot S.A. — M&A Activity 2026
Apr 20, 2026
2695_rns_2026-04-20_22ff0647-472f-4bc1-8647-b701fc128c57.pdf
M&A Activity
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Bally's Intralot
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
FOR IMMEDIATE RELEASE
20 April 2026
Bally's Intralot S.A. ("Bally's Intralot")
Statement regarding evoke plc
Bally's Intralot notes the announcement by evoke plc ("evoke") today and confirms that it is in discussions with evoke regarding a possible offer for the entire issued and to be issued share capital of evoke at a price of 50 pence per share (the "Proposal"). The Proposal is expected to comprise an all-share combination with a partial cash alternative.
Bally's Intralot believes that a combination with evoke would have the potential to deliver substantial strategic and operational synergies, including enhanced scale, an expanded geographic footprint and opportunities for cost efficiencies.
There can be no certainty that an offer will be made or as to the terms on which any offer might be made or that any such synergies would be realised. Any firm offer, if made, would be subject to customary conditions and approvals and Bally's Intralot reserves the right to vary the terms of any such offer, including the price, the form and mix of consideration and the structure of the transaction.
Bally's Intralot confirms to its shareholders, debt holders and other stakeholders that, if the Proposal results in a consummated transaction, its financing will be aligned with our stated financial policy goals within our existing perimeter.
Bally's Intralot has confirmed to evoke that it will, by no later than 5.00 p.m. (London time) on 18 May 2026, being 28 days after the date of this announcement, either announce a firm intention to make an offer for evoke or announce that it does not intend to make an offer. This deadline can be extended with the consent of evoke.
Bally's Intralot CEO Robeson Reeves stated: "We have built a business with a margin profile that stands out in this industry. evoke has the scale. We see a compelling opportunity to bring our operating model to a significantly larger business, and the potential to transform its financial performance through massive synergies that we are uniquely positioned to deliver. This is an opportunity we are pursuing with conviction."
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Bally's Intralot
For further information, please contact:
Bally's Intralot S.A. Investor Relations: +30 210 61 56 000 Antonis Mandilas e-mail: [email protected]
Deutsche Bank (Joint Financial Adviser) +44 (0) 207 260 1000 Georgios Georgopoulos Reza Akhavi William Mansfield Oliver Ives
Jefferies (Joint Financial Adviser) +44 (0)20 7029 8000 James Liddy Philip Noblet William Brown
Publication on website. A copy of this announcement will be available on Bally's Intralot's website at www.intralot.com by no later than 12 noon (London time) on the business day following the date of this announcement. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
Number of shares in issue. As at the close of business on 17 April 2026 (being the last business day prior to the date of this announcement), Bally's Intralot confirms that it had in issue 1,867,802,694 ordinary shares with voting rights.
This announcement contains information regarding the examination of a potential acquisition or other strategic transaction, which is based on preliminary and non-binding exploratory procedures and does not constitute a definitive agreement or a binding offer. The disclosure is made in accordance with the transparency obligations arising from Regulation (EU) 596/2014 (Market Abuse Regulation – MAR) and applicable Greek legislation.
Bally's Intralot will continue to inform the investing public in a timely and appropriate manner, if and when required by the regulatory framework. This announcement does not constitute a proposal, invitation or recommendation to acquire or dispose of securities, nor the provision of investment advice.
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Bally's Intralot
Further Information
Deutsche Bank AG ("Deutsche Bank") is a stock corporation (Aktiengesellschaft) incorporated under the laws of the Federal Republic of Germany with its principal office in Frankfurt am Main. It is registered with the local district court (Amtsgericht) in Frankfurt am Main under No HRB 30000 and licensed to carry on banking business and to provide financial services. It is subject to supervision by the European Central Bank (ECB), Sonnemannstrasse 22, 60314 Frankfurt am Main, Germany, and the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht or BaFin), Graurheindorfer Strasse 108, 53117 Bonn and Marie-Curie-Strasse 24-28, 60439 Frankfurt am Main, Germany.
Deutsche Bank AG is acting for Bally's Intralot and no other person in connection with the matters referred to in this Announcement and will not be responsible to any person other than Bally's Intralot for providing the protections offered to clients of Deutsche Bank AG nor for providing advice in relation to any matter referred to in this Announcement.
Jefferies International Limited ("Jefferies"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for Bally's Intralot and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than Bally's Intralot for providing the protections afforded to clients of Jefferies nor for providing advice in relation to any matter referred to in this announcement. Neither Jefferies nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in connection with this announcement, any statement contained herein or otherwise.
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