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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Betbrokers | LSE:BETB | London | Ordinary Share | GB00B1C4T436 | ORD 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.25 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:7344L
Betbrokers PLC
15 January 2008
Press Release 15 January 2008
Betbrokers plc
("Betbrokers" or "the Company")
Change of Nominated Adviser and Broker
Betbrokers plc, (AIM: BETB), the UK's first retail and wholesale brokerage and
clearing house for the sports betting industry, is pleased to announce the
appointment of Daniel Stewart & Company plc as nominated adviser and broker to
the Company with immediate effect.
- Ends -
For further information, please contact:
Betbrokers plc
Wayne Lochner, Chairman and Chief Executive Tel: +44 (0) 20 7127 9815
wlochner@betbrokers.com www.betbrokers.com
Daniel Stewart & Company plc
Simon Leathers Tel: +44 (0) 20 7776 6550
www.danielstewart.co.uk
Media enquiries:
Abchurch Communications
Chris Lane / Franziska Bohnke Tel: +44 (0) 20 7398 7700
franziska.boehnke@abchurch-group.com www.abchurch-group.com
About Betbrokers plc
Betbrokers is the UK's first independent betting brokerage. The Company
facilitates transactional business between both retail gamblers and wholesale
clients. The Company's operations were formally launched in 2005.
Betbrokers provides services, from its dedicated dealing room in London's Canary
Wharf, to two groups of participants within the gambling industry:
* The Company provides its retail customers with the advantage of best price
execution together with the ability to deal 'in size' in a majority of
sporting events. Retail customers will soon be able to access advanced
data-sales and trading analysis platforms, which feed from aggregated
internal price mechanisms.
* Betbrokers already has agreements with over 100 bookmakers, providing them
with the opportunity to take on additional bets from retail customers.
Importantly, the Company also offers bookmakers a facility to effectively
manage their risk exposure by hedging positions anomalously using Betbrokers
as an intermediary to deal with the other bookmakers.
Betbrokers floated on the AIM market of the London Stock Exchange in November
2006. Further information is available on the Company at: www.betbrokers.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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