Distribution of the shares in the subsidiary Angler Gaming plc
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 distribution is in accordance with what is referred to as the Lex ASEA rules, with the result that no immediate taxation will arise to shareholders in Sweden. Instead, the tax basis of the Betsson shares that confer entitlement to participate in the distribution will be allocated between these shares and the Angler shares received. Additional information will be available at www.betssonab.com during the autumn.
The shares of Angler will be listed at Aktietorget with the ticker “ANGL”. The first day of trading is expected to be Friday, July 6, 2012.
In August, 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. For further information, please see the Information Memorandum regarding Angler and the listing on AktieTorget, which is available at the company’s website www.betssonab.com.
For further information, please contact: Magnus Silfverberg, CEO and President Betsson AB (publ), phone: +46 (0)8 506 403 00 or magnus.silfverberg@betssonab.com.
Betsson AB’s Core Business consists of investing and administering shareholding in companies, which through partners or by themselves, offers games to the end users via the internet. Betsson AB owns Betsson Malta which operates games through partnerships and the websites www.betsson.com, www.betsafe.com, www.casinoeuro.com and www.cherrycasino.com. Betsson Malta offers Poker, Casino, Sports betting, Scratch Cards, Bingo and Games. The customers mainly originate from the Scandinavian countries and other parts of Europe. Betsson AB is listed on NASDAQ OMX Nordic Mid Cap List, (BETS).