WINNIPEG, Dec. 18, 2017 /CNW/ - Pollard Equities Limited ("Equities"), a company that holds an approximate 73.5% ownership interest in Pollard Banknote Limited ("Banknote") reported, pursuant to the "Early Warning Requirements" of Canadian securities laws, that it has entered into an agreement with Scientific Games Corporation ("Scientific Games") to support the previously announced acquisition of NYX Gaming Group Limited ("NYX") by Scientific Games.
Pollard Equities owns 8,621,300 ordinary shares of NYX and 4 million warrants. Assuming Equities were to exercise its warrants (which it will now not do), Equities would own approximately 11.2% of the outstanding ordinary shares, when including the warrants exercised in the ordinary shares outstanding.
Equities has voted its shares of NYX in favour of the proposed scheme of arrangement to effect the acquisition of NYX by Scientific Games.
Equities will be filing an Early Warning Report under NYX's profile on SEDAR and copies of the report may be obtained at www.SEDAR.com or by contacting Robert Rose at 204-474-2323.
About Pollard Equities Limited
Pollard Equities Limited is a private investment company controlled by the Pollard family based in Winnipeg, Manitoba with direct and indirect holdings in real estate, fixed income and equity securities including an approximate 73.5% ownership interest in Pollard Banknote Limited.
About Pollard Banknote Limited
Pollard Banknote Limited is a leading lottery partner to more than 60 lotteries worldwide, providing high quality instant ticket products, licensed games and strategic marketing and management services for both traditional instant games and the emerging iLottery space of web, mobile and social channels. The company is a proven innovator and has decades of experience helping lotteries to maximize player engagement, sales, and proceeds for good causes. Pollard Banknote Limited also plays a major role in the charitable pull-tab and bingo markets in North America. Established in 1907, Pollard Banknote Limited is owned approximately 73.5% by the Pollard family and 26.5% by public shareholders and is publicly traded on the TSX (PBL). For more information, please visit our website at www.pollardbanknote.com.
SOURCE Pollard Equities Limited