Len Ainsworth’s wife Gretel and other family members are expected to be able to vote as minority shareholders for the sale of Ainsworth Game Technology to Austria’s Novomatic, reports Fairfax Media.
Ainsworth (pictured) told Fairfax that he expected his family would be able to vote at the extraordinary general meeting scheduled for June 3.
“Our company secretary has checked the legalities and says they will be able to vote their shares and will be treated as minorities,” said Ainsworth.
In February, Ainsworth announced he was planning to sell his full stake in AGT to Novomatic for AUS$473m (US$359.5m), which would give the privately owned Austrian gaming company around 53 per cent of AGT’s issued capital upon completion.
Source: Asia Gaming Brief
