Key Developments: International Game Technology PLC (IGT.N)

IGT.N on New York Stock Exchange

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2 Sep 2015
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Latest Key Developments (Source: Significant Developments)

International Game Technology PLC gives FY 2015 EBITDA guidance above analysts' estimates
Tuesday, 11 Aug 2015 07:01am EDT 

International Game Technology PLC:Expects pro forma adjusted EBITDA of $1.575 -$1.675 billion in FY 2015.FY 2015 EBITDA of $1.521 billion - Thomson Reuters I/B/E/S.  Full Article

International Game Technology PLC initiates quarterly cash dividend of $0.20
Tuesday, 11 Aug 2015 07:00am EDT 

International Game Technology PLC:Has declared quarterly cash dividend of $0.20 per ordinary share, payable on Sept. 10 to all shareholders of record as of close of business on Aug. 26.This will be first cash dividend paid to IGT shareholders following acquisition of legacy International Game Technology by GTECH S.p.A. on April 7, 2015.IGT intends to pay regular $0.20 quarterly cash dividend, representing an annual payout of $0.80, subject to ongoing Board approval.  Full Article

International Game Technology PLC signs player services e-commerce platform agreement with Veikkaus Oy in Finland
Thursday, 2 Jul 2015 05:01pm EDT 

International Game Technology PLC:Says it has signed an agreement with Finnish lottery operator Veikkaus Oy to deliver an enhanced Player Services e-commerce solution, while also extending support and service it provides to Veikkaus' current Internet and mobile platform until 2018.  Full Article

International Game Technology announces signing of agreement with Massachusetts Gaming Commission for New Central Monitoring System
Monday, 1 Jun 2015 08:01am EDT 

International Game Technology Plc:Says its wholly-owned subsidiary, GTECH Corp, enters into an agreement with the Massachusetts Gaming Commission.To provide a central monitoring system that will monitor up to 20,000 electronic gaming devices at up to four venues in the Commonwealth, with the Plainridge Park Casino in Plainville being the first venue.Says expects to receive about $23 mln in revenues over 10 years.  Full Article

International Game Technology's GTECH Corporation signs contract to provide new lottery technology and ongoing services to the Minnesota State Lottery
Wednesday, 15 Apr 2015 05:05pm EDT 

International Game Technology PLC:Announced that its subsidiary GTECH Corporation has entered into a contract with the Minnesota State Lottery to provide new lottery technology.Expects to receive about $75 million to $80 million in revenues over the base 7.5 year contract period, which runs through Aug. 9, 2023.Under the terms of the contract, company will provide expandable technology, a flexible set of retail solutions, and data-driven, decision-making tools.  Full Article

International Game Technology and GTECH SpA announces IGT's final per share merger consideration under merger agreement with GTECH S.p.A.
Thursday, 2 Apr 2015 05:05pm EDT 

International Game Technology and GTECH SpA:Says IGT's final per share merger consideration under the previously announced Agreement and Plan of Merger dated as of July 15, 2014, as amended by and among IGT, GTECH, GTECH Corporation, International Game Technology PLC and Georgia Worldwide Corporation.Upon completion of the transactions contemplated by the Merger Agreement, IGT shareholders will be entitled to receive $14.3396 in cash, plus 0.1819 ordinary shares of NewCo for each share of IGT common stock.GTECH shareholders will receive one ordinary share of NewCo for each share of GTECH.As previously announced, NewCo will be the holding company of the combined organization and upon closing on April 7, it is expected that its ordinary shares will trade on the New York Stock Exchange under the IGT ticker symbol.  Full Article

Lenders increase commitments for Gtech senior revolving credit facilities
Thursday, 2 Apr 2015 01:53pm EDT 

Gtech SpA:Says 17 of 20 lenders under its senior revolving credit facilities have proportionally increased their aggregate commitments with respect to the U.S. Dollar revolving credit facility from $1,500 million to $1,800 million.Aggregate commitments with respect to euros revolving credit facility increased from 850 mln euros to 1,050 mln euros.  Full Article

Gtech says shares of IGT merger to start trading on NYSE on April 7
Wednesday, 1 Apr 2015 02:01am EDT 

Gtech SpA:Says shares of company born from the merger with International Game Technology, which has taken the name of IGT, will start trading on New York Stock Exchange on April 7.  Full Article

Gtech SpA says British court clears merger with IGT
Monday, 16 Mar 2015 01:45pm EDT 

Gtech SpA:High Court of England and wales approves Gtech merger with international game technology.Merger becomes effective on April 7.  Full Article

Gtech SpA shares to be delisted from Milan bourse on April 2-Reuters
Monday, 9 Mar 2015 02:00pm EDT 

Gtech SpA:Shares will be delisted from the Milan bourse on April 2, the lottery group's CFO Alberto Fornaro said on Monday (March 9) in a conference call on results- Reuters.GTECH expects to complete its acquisition of U.S. International Game Technology on April 7 and plans to list the merged group on the New York stock exchange.  Full Article

BRIEF-GTECH says shares of IGT to start trading on NYSE on April 7

* GTECH says shares of company born from the merger with International Game Technology, which has taken the name of IGT, will start trading on New York Stock Exchange on April 7. Further company coverage: (Reporting By Milan Newsroom)

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