Gaming Realms PLC Completion of sale (0540Y)
August 16 2018 - 10:30AM
UK Regulatory
TIDMGMR
RNS Number : 0540Y
Gaming Realms PLC
16 August 2018
16 August 2018
Gaming Realms plc
("Gaming Realms," the "Company" or the "Group")
Completion of sale
Further to the announcements on 27 June 2018 and 18 July 2018,
regarding the proposed transaction to sell a 70% stake in most of
Gaming Realms' UK online casino B2C business to River UK Casino
Limited, the Company is pleased to confirm that the sale has now
completed.
The Company also confirms that the initial consideration payment
of GBP4.2 million cash has been received in accordance with the
completion of the sale.
-Ends-
Enquiries:
Gaming Realms plc 0845 123 3773
Patrick Southon, CEO
Mark Segal, CFO
Akur Limited (Financial Adviser)
David Shapton
Matthew Smith
Alexander Bergqvist 020 7493 3631
Peel Hunt LLP (Nominated Adviser and
Broker) 020 7418 8900
Dan Webster
George Sellar
Nicole McDougall
Yellow Jersey (PR Adviser) 07747 788 221
Charles Goodwin
Georgia Colkin
Abena Affum
About Gaming Realms
Gaming Realms creates and publishes innovative real money and
social games for mobile, with operations in the UK, U.S. and
Canada. Through its market leading mobile platform and unique IP
and brands, Gaming Realms is bringing together media, entertainment
and gaming assets in new game formats. The Gaming Realms management
team includes accomplished entrepreneurs and experienced executives
from a wide range of leading gaming and media companies.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DISMMGMRZVGGRZM
(END) Dow Jones Newswires
August 16, 2018 10:30 ET (14:30 GMT)
Gaming Realms (LSE:GMR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gaming Realms (LSE:GMR)
Historical Stock Chart
From Apr 2023 to Apr 2024