Waiver of ASX Listing Rule 14.7
TBH has included a voting exclusion statement in relation to Resolution 3 in its Notice of Extraordinary General Meeting, which was sent to its shareholders on 15 May 2018. The voting exclusion statement states that TBH will disregard votes cast on Resolution 3 by a person (or their associates) who participated in the Placement.
TBH advises that the ASX has granted a waiver from ASX Listing Rule 14.7 so that TBH need not disregard votes cast on Resolution 3 by shareholders who participated in the Placement, to the extent only that those holders are acting solely in a fiduciary, nominee or custodial capacity (Nominee Holders) on behalf of beneficiaries who did not participate in the Placement on the following conditions:
1. The beneficiaries provide written confirmation to the Nominee Holders that they did not participate in the Placement, nor are they an associate of a person who participated in the Placement.
2. The beneficiaries direct the Nominee Holders how to vote on Resolution 3.
3. The Nominee Holders do not exercise discretion in casting a vote on behalf of the beneficiaries.
4. The terms of the waiver are immediately released to the market.
About The Betmakers Holdings Limited
The Betmakers Holdings Limited (ASX:TBH), (OTCMKTS:TPBTF) (FRA:T07) formerly TopBetta Holdings Limited, is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries. The Company operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services. Global Tote Australia Pty Ltd conducts TBH's Wholesale Business, which includes operating and licensing its wholesale tote product which enables licensed wagering operators, including corporate bookmakers and tote operators from all over the world, to participate in global pools. The Wholesale Business is conducted under a B2B licence granted by the UK Gambling Commission to Global Tote Limited, a company incorporated in Alderney, UK.
The Betmakers Holdings Limited