Bally’s receives go-ahead for Gamesys takeover

M&A

Gamesys and Bally’s are pleased to announce that the court has sanctioned the scheme of arrangement between Gamesys and the Scheme Shareholders relating to the recommended combination of Bally’s and Gamesys pursuant to which Bally’s and Premier Entertainment will acquire the entire issued and to be issued ordinary share capital of Gamesys.

The scheme will become effective upon a copy of the Court Order being delivered to the registrar of companies, which is expected to take place by 7.00 a.m. on 1 October 2021. There has been no material change to the expected timetable of principal events for the combination set out in the announcement made by Gamesys and Bally’s in relation to the Combination on 20 September 2021.

It is expected that the listing of Gamesys Shares on the premium listing segment of the official list of the Financial Conduct Authority and trading of Gamesys Shares on the London Stock Exchange’s main market for listed securities will be cancelled with effect from 8.00 a.m. on 4 October 2021.

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