Aristocrat Leisure Ltd’s chairman Ian Blackburne has acquired an interest in 10,000 extra shares – valued at AUD53,693 – of the company.
The transaction was completed on Tuesday according to a filing the same day made to the Australian Securities Exchange Ltd. The announcement came the day after slot machine maker Aristocrat reported it had agreed to pay US$1.28 billion in cash for U.S.-based gaming equipment maker Video Gaming Technologies Inc.
The newly acquired Aristocrat shares are held by UBS Wealth Management Australia Nominees Pty Ltd on behalf of the Blackburne Superfund, of which Mr Blackburne is a beneficiary.
The Aristocrat chairman now has an interest in 125,500 fully paid ordinary shares of the company according to the ASX filing.
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"The [Macau] government has a lead in this subject in regards to what should be done after the [gaming] concessions expire. We will be first listening to what the government will say”
Ambrose So Shu Fai
Vice-chairman and chief executive at Macau casino operator SJM Holdings