Outcome of the Offer
At the expiry of the previous acceptance period for the Offer on 23 November 2020, the Offer had been
accepted by shareholders holding 93.9 per cent of the total number of shares and 97.3 per cent of the total
number of votes in NetEnt. At the expiry of the extended acceptance period on 30 November 2020, the
Offer had been accepted by additional shareholders holding in total 7,147,808 shares in NetEnt (of which 0
are shares of series A and 7,147,808 are shares of series B), corresponding to approximately 2.9 per cent
of the total number of shares and approximately 1.3 per cent of the total number of votes in NetEnt.
Following the closing of the Offer, Evolution thus holds a total of 237,689,754 shares in NetEnt,
corresponding to approximately 96.8 per cent of the total number of shares and approximately 98.6 per
cent of the total number of votes in NetEnt.
Neither Evolution nor any closely related party to Evolution held or controlled any shares in NetEnt or any
financial instruments that give a financial exposure equivalent to a shareholding in NetEnt at the time of
the announcement of the Offer and have not acquired any such shares or financial instruments outside the
Offer.
Completion of the Offer
Evolution’s board of directors will, in reliance on the authorisation from the extraordinary general meeting
held on 24 September 2020, decide on a new issue of 933,504 shares in Evolution which Evolution will
pay as consideration to those shareholders in NetEnt who have accepted the Offer during the extended
acceptance period and settlement in respect of shares tendered by the shareholders who accepted the
Offer during the extended acceptance period is expected to commence around 9 December 2020.