Shareholders approve Ainsworth’s share sale to Novomatic

Ainsworth Game Technology has advised that its shareholders has approved the sale of Ainsworth’s shares in AGT to Novomatic AG at its general meeting held on Monday.

Danny Gladstone, CEO of AGT said “From AGT’s perspective, we are pleased that shareholders have passed the resolution… Novomatic is a highly respected and impressive industry leader. We look forward to progressing this relationship with a view to delivering the significant expected benefits that have been outlined and execute on our international growth strategy.”

Novomatic’s CEO Harald Neumann said “through Novomatic’s majority shareholding, AGT will benefit from collaboration across a range of markets that will be substantially positive for long term shareholder wealth creation.”