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EVOK Evoke News Story

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Consumer CyclicalsSpeculativeSmall CapTurnaround

UK's Evoke jumps on $304 million takeover proposal from Bally's Intralot

** Shares of UK's Evoke EVOK.L soar 15.8% at 45p
** The William Hill UK owner is in talks with Greek lottery and gaming firm Bally's Intralot BYLOTr.AT for a takeover proposal
** Proposed deal is for 50 pence per Evoke share, valuing co at around 225.3 million pounds ($304.25 million)

** 50 pence apiece offer is at a premium of 28.7% to EVOK's last close

** EVOK is top gainer on the FTSE smallcaps index .FTSC, which is down 0.33%

** YTD, EVOK stock has risen 75%

($1 = 0.7405 pounds)

 (Reporting by Akshaya V in Bengaluru)

 ((akshayav@thomsonreuters.com))

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