Acquisition Update
30 Juni 2010 - 4:51PM
UK Regulatory
TIDMINGG
RNS Number : 5647O
Inspired Gaming Group plc
30 June 2010
Inspired Gaming Group plc ("Inspired Gaming" or the "Company")
Acquisition Update
Further to the announcement of 28 June 2010 the Company is pleased to announce
that the Court has approved the scheme of arrangement and associated reduction
of capital in connection with the Acquisition by Gaming Acquisitions Limited.
The Court Orders are expected to be delivered and registered with the Registrar
of Companies for England and Wales tomorrow, 1 July 2010, at which point the
Scheme will become effective and the Acquisition will be completed. The
consideration payable to holders of Inspired Shares under the Scheme will be
sent to holders of Inspired Shares by Bidco within 14 days of the date the
Scheme becomes effective.
In an update to the published timetable, the Company has requested that
admission of the Inspired Shares to trading on AIM be cancelled with effect from
7.00 a.m. on 2 July 2010 and that the Inspired Shares remain suspended pending
delivery and registration of the Court Orders.
Unless the context otherwise requires, terms defined in the announcement dated 4
May 2010 by Inspired and Bidco in relation to the Acquisition have the same
meaning in this announcement
30 June 2010
ENQUIRIES:
+------------------------------+------------------------------+
| Inspired Gaming Group plc | |
+------------------------------+------------------------------+
| Luke Alvarez | Tel +44 (0) 1283 527366 |
+------------------------------+------------------------------+
| | |
+------------------------------+------------------------------+
| Evolution Securities | |
+------------------------------+------------------------------+
| Stuart Andrews | Tel +44 (0) 20 7071 4300 |
+------------------------------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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