Evolution Gaming, leading provider of Live Casino solutions, today announced that it has entered into an agreement to acquire the business of Ezugi, a live dealer gaming provider, in an all cash deal with an initial consideration of $12 million and possible additional consideration of a maximum of $6 million. The acquisition will increase Evolution’s geographic footprint and accelerate growth in key markets. It is expected to add 2-4% to 2019 revenues and be slightly accretive to Evolution earnings per share during 2019.
At the annual general meeting in Evolution Gaming Group AB (publ) on 20 April 2018, income statements and balance sheets for 2017 for the company and the group were adopted and it was resolved on, among other things, a dividend of EUR 0.90 per share, discharge from liability for the board members and the managing director, re-election of the board members and the chairman of the board, certain amendments to the articles of association as well as the establishment of an incentive programme that involves a directed issue and transfer of warrants in the company.
The 2017 annual report of Evolution Gaming has today been published on the group’s website.
Translation of Swedish original Evolution Gaming Group AB (publ), 556994-5792, holds an annual general meeting on Friday 20 April 2018 at 2.00 p.m. (CET) on Strandvägen 7A in Stockholm, Sweden. The entrance to the meeting will open at 1.30 p.m. (CET).
In accordance with the resolution of the Annual General Meeting, the Nomination Committee has appointed a new member following a change in the shareholder structure. When the Nomination Committee was originally appointed, JOVB Investment AB and FROS Ventures AB (controlled by Jens von Bahr and Fredrik Österberg) were the second and third largest shareholder in Evolution Gaming. Since then, JOVB Investment AB and FROS Ventures AB have transferred all shares in Evolution Gaming to Österbahr Ventures AB, which is jointly controlled by Jens von Bahr and Fredrik Österberg.