888 (LSE: 888), one of the world's leading online betting and gaming companies, is pleased to announce that at its Extraordinary General Meeting held in London on 16 May 2022, the Ordinary Resolution outlined below was passed on a poll by shareholders. The results of the poll vote was as follows. The number of ordinary shares of GBP£0.005 in issue at the date of the EGM was 446,256,077.
|Ordinary Resolution||For||% of Total Votes Cast||Against||% of Total Votes Cast||Vote withheld1|
|THAT the Proposed Acquisition under and on the terms set out in the Sale and Purchase Agreement be and is hereby approved and the Directors (or a committee of the Directors) be and are hereby authorised to waive, amend, vary or extend any of the terms of the Sale and Purchase Agreement (provided that any such waivers, amendments, variations or extensions are not of a material nature) and to do all things as they may consider to be necessary or desirable to implement and give effect to, or otherwise in connection with, the Proposed Acquisition and any matters incidental to the Proposed Acquisition.||306,997,411||99.73||819,264||0.27||18,306|
1 A vote withheld is not a vote in law and is not counted in the votes for or against the Resolution.
Lord Mendelsohn, Non-Executive Chairman of 888 Holdings Plc, commented:
We are delighted with the support of our shareholders for our proposed acquisition of William Hill and would like to thank them for their continued, constructive engagement as part of this process. We look forward to completing this transformational acquisition at the end of June, creating a global online betting and gaming leader through the combination of two highly complementary businesses and two of the industry’s leading brands.”
Completion of the Acquisition, and the re-admission of the entire share capital of the Company for listing on the premium listing segment of the Official List of the FCA and to trading on the main market of the London Stock Exchange, is expected to occur on or around 30 June 2022 and further updates will be made in due course. For further details of the Acquisition, please refer to the Prospectus, which is available on the Company's website http://corporate.888.com/ and available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Copies of the Resolutions will shortly be submitted to the National Storage Mechanism in accordance with rule 9.6.2 of the Listing Rules and will be available for inspection shortly at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Capitalised terms used in this announcement shall have the meanings set out in the Company’s announcement dated 29 April 2022.