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Intralot: Acquisition of shares of Intralot US Securities BV from minority shareholders

Intralot announced the completion of the acquisition by its wholly owned subsidiary in the Netherlands Intralot Global Holdings BV (IGH) of 33,227,256 common shares (or 33.23%) of Intralot US Securities BV from the current holders at a price of 3.65 per share (i.e. in total for 121,279,484.40 euros).

Intralot US Securities BV indirectly owns 100% of the shares of Intralot, Inc. incorporated under the laws of the State of Georgia, USA.

The remaining 1,043,424 shares (or 1.04%) of Intralot US Securities BV, which are not yet owned by IGH, will be acquired by IGH at the same price per share in accordance with the drag-along provisions of joint venture agreement effective from August 3, 2021, within the next few days, resulting in 100% of the shares of Intralot, Inc. to be controlled by the Intralot group.

The funds for the transaction were raised from the increase in the share capital with pre-emptive rights of the Athens Stock Exchange listed company Intralot, which was completed on July 25, 2022, according to the forecasts of the prospectus published on June 24, 2022.

Source: Capital

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