Shareholders in UK-based gaming group Wembley have agreed resolutions to de-list the company and appointed KPMG to liquidate the business, following the recent conviction of the company’s former chief executive, Nigel Potter, for conspiracy and fraud.

Shares have been suspended and will be de-listed on 29 September.

The company has paid a dividend of 325p per share to shareholders, and is set to pay a further dividend of around 355p per share within the next three months, before making one further final payment.

The group sold its Lincoln Park casino in Rhode Island, USA, and its UK-based dog track business prior to the end of the trial last month.

Sentencing has been set for 28 October, although it is believed that Potter will appeal and seek a third trial.