Australian slot manufacturer Ainsworth Game Technology announced a slight reduction of the stake in the company held by Novomatic AG, the company’s controlling shareholder.
Ainsworth informed the Australian Securities Exchange that its major shareholder, Novomatic, and its owner, Johann Graf, had reduced their holding to 52.38 percent of the ordinary shares in Ainsworth—down from 53.58 percent—on May 8. In January, Novomatic completed the acquisition of the majority stake in Ainsworth formerly held by the company’s founder, gaming legend Len Ainsworth.
Ainsworth announced earlier this month that it expected profit before tax in the financial year ended June to have been about AUD39 million, having previously forecast a profit of about AUD36 million.
