Gamesys Group PLC Announces Cancellation of Listing

Rhea-AI Summary

Gamesys Group PLC has confirmed the cancellation of its share listing on the London Stock Exchange, effective from 8:00 a.m. on October 4, 2021. This follows the successful completion of the recommended combination with Bally's Corporation and its subsidiary Premier Entertainment, which was announced in April 2021 and became effective on October 1, 2021. The transaction was executed under a scheme of arrangement as outlined in the scheme document published in June 2021.

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• None.

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• Cancellation of listing may limit liquidity and trading options for former Gamesys shareholders.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
RECOMMENDED COMBINATION of Bally's Corporation ("Bally's") (and Premier Entertainment Sub, LLC an indirect wholly-owned subsidiary ("Premier Entertainment")) with Gamesys Group plc ("Gamesys") Cancellation of Listing of Gamesys

LONDON, UK / ACCESSWIRE / October 4, 2021 / On 13 April 2021, the boards of Gamesys and Bally's announced that they had agreed the terms of a recommended combination of Bally's and Gamesys pursuant to which Bally's and Premier Entertainment would acquire the entire issued and to be issued ordinary share capital of Gamesys (the "Combination") by way of a scheme of arrangement under Part 26 of the Companies Act (the "Scheme").

The full terms of, and conditions to, the Combination are set out in the scheme document relating to the Combination published on 1 June 2021 (the "Scheme Document").

Further to the announcement made by Gamesys and Bally's on 1 October 2021 that the Scheme has become Effective in accordance with its terms, Gamesys confirms that the listing of Gamesys Shares on the premium listing segment of the Official List of the Financial Conduct Authority and the trading of Gamesys Shares on the main market for listed securities of the London Stock Exchange have been cancelled with effect from 8.00 a.m. (London time) today.

Capitalised terms used but not defined in this announcement have the meanings given to them in the Scheme Document.

Enquiries

Gamesys	Tel: +44(0) 20 7478 8150
Jason Holden, Director of Investor Relations
Macquarie Capital (financial adviser to Gamesys) Sung Chun Magnus Scaddan	Tel: +44(0) 20 3037 2000
Numis (joint broker to Gamesys) Garry Levin Berenberg (joint broker to Gamesys) Mark Whitmore	Tel: +44(0) 20 7260 1000 Tel: +44(0) 20 3207 7800
Finsbury (PR adviser to Gamesys)	Tel: +44(0) 20 7638 9571
James Leviton
Bally's and Premier Entertainment Robert Lavan, Senior Vice President - Finance and Investor Relations	Tel: +1 401 475 8564
Kekst CNC (PR adviser to Bally's and Premier Entertainment)
Richard Goldman	Tel: +1 646 847 6102
David Gill

Important notices

Macquarie Capital (Europe) Limited ("Macquarie Capital"), which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively for Gamesys and for no one else in connection with the Combination and/or any other matter referred to in this announcement and will not be responsible to anyone other than Gamesys for providing the protections afforded to its clients or for providing advice in relation to the Combination, the contents of this announcement, or any other matters referred to in this announcement. Macquarie Capital is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia), and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Capital.

Numis Securities Limited ("Numis"), which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively for Gamesys and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than Gamesys for providing the protections afforded to clients of Numis, or for providing advice in relation to any matter referred to in this announcement. Neither Numis nor any of its affiliates owes or accepts any duty, liability or responsibility to any person who is not a client of Numis in connection with this announcement, any statement contained herein or otherwise.

Joh. Berenberg, Gossler & Co. KG, London Branch ("Berenberg"), which is authorised by the German Federal Financial Supervisory Authority and subject to limited regulation by the FCA in the United Kingdom, is acting exclusively for Gamesys and no one else in connection with the Combination and will not be responsible to anyone other than Gamesys for providing the protections afforded to clients of Berenberg nor for providing advice in relation to the Combination or any other matters referred to in this announcement. Neither Berenberg nor any of its affiliates owes or accepts any duty, liability or responsibility to any person who is not a client of Berenberg in connection with this announcement, any statement contained herein or otherwise.

General

If you are in any doubt about the contents of this announcement or the action you should take, you should seek your own independent financial advice immediately.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Gamesys Group PLC

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FAQ

What does the cancellation of Gamesys' listing mean for shareholders?

The cancellation limits liquidity and trading options for former Gamesys shareholders.

When did Gamesys' share listing on the London Stock Exchange get cancelled?

The share listing was cancelled on October 4, 2021.

What was the reason for Gamesys' combination with Bally's Corporation?

The combination aimed to enhance market presence and operational capabilities.

What was announced on October 1, 2021, regarding the combination?

It was announced that the scheme of arrangement for the combination became effective.

What process was used for the combination of Bally's and Gamesys?

The combination was executed via a scheme of arrangement under Part 26 of the Companies Act.