evoke shareholders approve Bally’s Intralot acquisition scheme
evoke shareholders approved Bally’s Intralot’s proposed acquisition, with 97% backing at the court meeting and 99.6% of votes in favour at a general meeting. Under the scheme, shareholders will receive 0.537 new Intralot shares per evoke share, or may elect cash, subject to a £117.1m maximum cash component; Bally’s Intralot is due to seek its own shareholder approval on 18 September.
The deal remains subject to Bally’s Intralot shareholder approval before the proposed acquisition can proceed.