Evolution bought out 94% of NetEnt shares, change of management is planned

The companies did not delay the deal, and a week after the merger was approved by the UK Competition and Markets Authority, it was announced that approximately 94% of NetEnt’s shares were already owned by Evolution. In a press release, it was reported that a compulsory buyout of the remaining shares is also planned.

At Evolution’s request, NetEnt’s board of directors has filed a request to delist the shares on Nasdaq Stockholm. That is, their securities are removed from the sale. It is not yet known when exactly they will disappear from the exchange, this decision will be made by Nasdaq Stockholm.

On December 17, Evolution has called a general meeting on NetEnt where, among other things, a new board will be appointed. It is proposed to create a three-person board of directors, which will include all current Evolution employees: Martin Carlesund, Jesper von Bahr, Jacob Kaplan.

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