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Completion of sale

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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 £4.2 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 [email protected] or visit www.rns.com.
 
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Quick facts: Gaming Realms PLC

Price: 6.455

Market: AIM
Market Cap: £18.36 m
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