Ainsworth: Interim result 2016

News that Len Ainsworth is selling his stake has overshadowed a decent result

Quietly lodged along with Ainsworth Game Technology’s 2016 first-half result was the news that Len Ainsworth is planning to sell his 53% stake to Austrian gaming giant Novomatic for $2.75 per share. The sale will only occur if minority shareholders approve it at an upcoming extraordinary general meeting (EGM), at which Len Ainsworth is prevented from voting for obvious reasons.

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