For today's recorded meeting, attendees will be in listen-only mode. Questions can be submitted via the Q&A tab situated in the right-hand corner of your screen. Just simply type in your question and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company will review all questions submitted today and publish responses where it's appropriate to do so. I'd now like to hand you over to Mark Summerfield, Chair. Good morning, sir. Thank you, Paul. Good morning. It's now 9:30 A.M. here in London, I'm pleased to welcome you to Evoke's 2025 Annual General Meeting. I'm Mark Summerfield, Chairman of Evoke, I was appointed Chair of your company in October 2025, having served on the board for more than five years. I'm joined today by my fellow non-executives, in the room, Andrea, Ori, and Susan online. We're also joined by our executive directors, our CEO, Per, and our CFO, Shaun. Before we move to the formal business of today's meeting, I would acknowledge the announcement made on Friday regarding the recommended acquisition of Evoke by Bally's Intralot. I will return to that shortly in my remarks following the opening of the meeting. I'm pleased to welcome shareholders who have chosen to follow today's proceedings over the online platform, Investor Meet Company. Shareholders are invited to submit any questions to the board through the online platform. We will endeavor to respond to all questions relevant to the business of the AGM, including those which have been submitted in advance. Shareholders not able to attend in person and wishing to vote at the meeting have been strongly encouraged to do so by completing a form of proxy or form of direction as appropriate. Shareholders cannot vote over the online platform. In accordance with the company's articles of association, every shareholder shall have one vote for each share, which they are the registered holder. If shares are held in joint names, only the first-named shareholder may vote. Regarding shareholders who have sent a form of proxy to the company's registrars appointing me to vote on their behalf, I will vote on each motion in the manner instructed on their forms of proxy, or where the form was left blank, at my discretion. Votes cast will be verified against the register of members. Let's now move to the formalities. With the necessary quorum being present, I declare the annual general meeting open. Resolutions one to 16 are set out and explained in the notice of the meeting, which was made available to you, our shareholders, on the 11th of May. I propose that the notice of meetings be taken as read, I now give formal notice that voting on each of the resolutions, as set out in the notice of meetings, will be via a poll. I appoint our company secretary, Elizabeth Bisby, to act as a scrutineer, and I now declare the poll open and request that all shareholders present complete their polling cards. I should also remind you that a vote withheld is not a vote in law and will not be counted in the calculation of the votes for or against a resolution. Only shareholders or their proxies may vote, and the meeting can only consider matters detailed in the notice of meeting. The poll will close at the conclusion of the meeting, and the result will be announced via the London Stock Exchange and posted on our company website as soon as practicable after the meeting. Shareholders are invited to submit any questions over the online platform now whilst the poll is open. While shareholders have the opportunity to submit any questions while the poll remains open, I would like to make a few brief remarks. As shareholders would have seen, last Friday, we announced that the board has unanimously agreed to recommend the proposed acquisition of Evoke by Bally's Intralot. The proposed transaction is the culmination of the strategic review that your board initiated in December 2025 following the U.K. government's announcement of significant increases to gaming and betting duties. Those changes represented a material shift in the economics of the regulated U.K. market and prompted the board to consider the full range of strategic options available to protect and maximize shareholder value. Following a comprehensive process and careful consideration of a range of alternatives, the board concluded that the recommended combination with Bally's Intralot represented the most attractive and deliverable option available to shareholders. The board believes the transaction brings together Evoke's market-leading brands, including William Hill, 888 and Mr Green, with Intralot's international scale, technology platform, and financial resources. We believe it creates a stronger, more diversified business with enhanced growth opportunities and a more sustainable capital structure, while also allowing shareholders to participate in future value creation through ownership in the enlarged group. Importantly, the announcement on Friday really should not overshadow the significant progress the business made during 2025. Throughout the year, the group delivered improved profitability on an adjusted basis and made meaningful operational progress to the continued execution of our value creation plan. We sharpened our focus on core markets. We improved marketing efficiency. We delivered structural cost savings, and we continue to strengthen our operational model. These achievements reflect the dedication and professionalism of colleagues across the group and demonstrate the underlying quality of the business we have built. On behalf of the board, I'd like to thank all of our employees, their commitment and resilience throughout what has been a year of considerable change and increased uncertainty. I would also like to thank our shareholders for their continued support and engagement. It's important to note the proposed transaction remains subject to the necessary shareholder, court and regulatory approvals, and further details will be provided to shareholders in due course. I'll now review whether we've received any questions relevant to the business of today's annual general meeting. It would appear there are no questions. I'd just like to thank you all for joining and for your continued support. That concludes matters, and the meeting is now closed. Thank you very much indeed for updating attendees today. On behalf of the board of Evoke plc, we'd like to thank you for attending today's Annual General Meeting proceedings. That concludes today's session. Good morning to you all.
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