MRG applies for de-listing
Following that William Hill PLC (“William Hill”) controls approximately 92 percent of the shares in Mr Green & Co AB (publ) (“MRG” or the “Company”) and has initiated compulsory redemption proceedings regarding the remaining shares in the Company, the Board of MRG has resolved to apply for de-listing of the Company’s shares from Nasdaq Stockholm.
On 21 January 2019, William Hill declared the public offer for MRG unconditional and completed the offer. After the completion, William Hill owns approximately 92 percent of the shares in MRG. William Hill has also initiated compulsory redemption proceedings regarding the remaining shares in the Company.
In light of the above, and in accordance with William Hill’s proposal, the Board of MRG has resolved to apply for de-listing of the Company’s shares from Nasdaq Stockholm. The last day of trading in the Company’s shares on Nasdaq Stockholm will be announced as soon as the Company has received confirmation thereof from Nasdaq Stockholm. If the last day of trading will occur before 26 February 2019, the Company will not publish its year-end report for 2018.
As previously announced, the Board of MRG has convened an Extraordinary General Meeting to be held on 22 February 2019, for the purposes of, amongst other things, appointing a new Board. For more information, please see the separate press release with the notice to the Extraordinary General Meeting.
For further information, please contact:
Per Norman, CEO MRG, tel. +46 (0) 72 230 91 91, firstname.lastname@example.org
Åse Lindskog, Director Communications and IR, tel. +46 (0) 73 024 48 72, email@example.com
MRG is a fast-growing, innovative iGaming Group with operations in 13 markets. MRG offers a superior experience in a Green Gaming environment. MRG was founded in 2007 and operates the iGaming sites Mr Green, Redbet, 11.lv, Winning Room, Bertil, MamaMiaBingo, BingoSjov and BingoSlottet. The Group had a turnover of SEK 1,192.0 million in 2017 and has over 400 employees. MRG has gaming licenses in Denmark, Ireland, Italy, Latvia, Malta, Sweden and the UK. MRG is listed on Nasdaq Stockholm in the Mid Cap segment under the name Mr Green & Co AB (ticker MRG). Read more at www.mrggroup.com.