Analyst Research
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Provider: Reuters Investment Profile
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$20.00
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Provider: Wright Reports
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$472.00
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Provider: Wright Reports
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$115.00
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Betsson AB Announces Details on Distribution of All Shares in Subsidiary Angler Gaming plc
Betsson AB announced that on May 11, 2012, the Annual General Meeting of Betsson AB resolved to distribute all shares in the subsidiary Angler Gaming plc (Angler). For each share in Betsson AB (irrespective of class) the holder will receive one share in Angler. Through this distribution the distributable funds of Betsson AB will decrease by approximately SEK 28 million. The record day for distribution of shares in Angler will be July 4, 2012. The last day of trading the Betsson share, including the right to the distribution of the Angler shares, will be June 29, 2012. The shares of Angler will be listed at Aktietorget with the ticker ANGL. The first day of trading is expected to be July 6, 2012. In August 2012, shareholders with holdings of less than 200 shares will be offered the choice, at no charge for brokerage, either to increase its holding to 200 shares or sell all shares.
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