("Gaming Realms" or the "Company" or, together with its subsidiaries, the "Group")
Publication of Circular
On 27 June 2018, Gaming Realms plc (GMR.L), the developer, publisher and licensor of mobile real money and social games, announced that it had entered into an agreement, conditional upon shareholder approval, to sell a 70% stake in most of its UK online casino B2C business to River UK Casino Limited ("RiverUK Casino", a subsidiary of River iGaming plc, a company listed on the Merkur Market of the Oslo Bors ("River iGaming")) for a total cash consideration of up to £23.1 million (the "Transaction").
The Company today announces the publication of a circular (the "Circular") containing a notice of general meeting of the Company's shareholders to be convened at 11 a.m. on Wednesday, 18 July 2018 at the offices of Memery Crystal LLP, 165 Fleet Street, London, EC4A 2DY (the "General Meeting"). At the General Meeting, the Company's shareholders will be asked to approve an ordinary resolution to authorise the Transaction. The procedures and timings for shareholders to vote on the resolution are set out in the notice of the General Meeting in the Circular.
The Circular and a Form of Proxy in relation to the General Meeting are being posted today, and the Circular will shortly be available for viewing, subject to regulatory requirements, on the Company's website at www.gamingrealms.com/investors/. A copy of the Circular will also be submitted to the National Storage Mechanism and will shortly be available at www.morningstar.co.uk/uk/NSM.
For further information, please contact:
Gaming Realms plc
0845 123 3773
Patrick Southon, CEO
Mark Segal, CFO
Akur Limited (Financial Adviser)
020 7493 3631
Peel Hunt LLP (Nominated Adviser and Broker)
020 7418 8900
Yellow Jersey (PR Adviser)
07747 788 221
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 [email protected] or visit www.rns.com.
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