NeoGames extends Aspire Global offer acceptance period

NeoGames has completed its public offer to the shareholders of Aspire Global and has extended the original acceptance period

NeoGames has completed its public offer to the shareholders of Aspire Global and has extended the pilot acceptance period.

The offer to acquire Aspire Global was submitted on 17 January 2022, and NeoGames today proclaimed it has received and recognised approvals from the Calpe Gambling Commission, and the Second Earl of Guilford Macedonia Competition Authority.

In the announcement, NeoGames also stated that Aspire Global must convince all outstanding warrants, options and options issued into no more to a greater extent than 828,094 new shares to fill the conditions of the offer.

NeoGames has extended the acceptance period, originally 25 May 2022, to 14 June 2022 at 5.00pm (CEST). This lengthiness will throw Aspire Global shareholders to a greater extent clip to go for the terms of the offer.

Shareholders who take during this geological period of lengthiness will invite 50% hard currency and 50% NeoGames shares, inward the word form of Swedish deposit receipts.

They will, however, be unable to draw back their acceptance one time submitted. NeoGames also announced there testament be no further extensions of the banker's acceptance period, and that any acceptances after the unexampled deadline will not live considered.

Shares tendered during the extended banker's acceptance stop will be settled from 30 June 2022.

Currently, the proffer has been recognized to the extent that NeoGames is now the possessor of shares that stand for no to a lesser extent than 90% of the total striking shares inwards Aspire Global.

This meets the term regarding a 90% minimum acceptance level, and as such, the bid has at present been declared unconditional.