Shareholders in The Stars Group Inc have voted in favor of the proposal to combine the business with Flutter Entertainment plc.
The special resolution approved the previously announced plan of arrangement under the Business Corporations Act between The Stars Group and Flutter, whereby Flutter will acquire all of the issued and outstanding common shares of The Stars Group.
Approximately 99.99% of the shares voted at the meeting voted in favor of the special resolution approving the arrangement. The special resolution is described in greater detail in the Group’s management information circular dated March 26, 2020 filed under The Stars Group’s profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov
Details of the voting results will be filed under The Stars Group’s profile on SEDAR, EDGAR and on The Stars Group’s website at www.starsgroup.com.
On April 21, 2020, the shareholders of Flutter also approved the arrangement. Subject to remaining regulatory approvals and customary closing conditions, The Stars Group now currently expects the Arrangement to close in May 2020.