Gfinity PLC Elite Series: Official Dates and Further Details (6006F)

TIDMGFIN

RNS Number : 6006F

Gfinity PLC

19 May 2017

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR)

Gfinity plc

("Gfinity" or the "Company")

Gfinity Elite Series - official dates, further details

Gfinity, a leading esports promoter, announces the official dates and details in respect of the inaugural Gfinity Elite Series ("Elite Series") taking place this summer in London.

The Elite Series will see eight top professional esports teams compete across three iconic games in three independent tournaments. The competition will take place at The Gfinity Arena in London and offers gamers the opportunity to watch and support their favourite teams in a live, competitive environment. The first six teams participating in the Elite Series were announced by the Company on 29 March 2017, 30 March 2017 and 18 May 2017. The final two teams are expected to be announced shortly.

The Gfinity Challenger Series update

As previously announced on 6 March 2017, The Gfinity Challenger Series is currently taking place offering gamers of mixed ability the chance to compete and qualify for the Gfinity Elite Draft. The Challenger Series will close on 4 June 2017.

The Elite Series Draft

The Elite Series Draft will be held on 16 June 2017, where 48 of the most talented amateur players from around the world will compete to earn their place to play alongside the top professional teams on stage in the Elite Series.

Player Days

Gfinity will also host two player days on 26 and 27 June 2017 in London. Player days will be an opportunity for elite players and newly drafted amateurs from the Challenger Series to meet for the first time before the Elite Series starts.

The Elite Series

The Elite Series season 1 will run for nine consecutive weekends, commencing with Street Fighter V on 7 July 2017, followed by Counter-Strike: Global Offensive on 8 July 2017, before rounding off the weekend with Rocket League on 9 July 2017.

The Elite Series will be broadcast live online via the Gfinity platform and will also be available on demand from 7 July 2017.

Franchise Winnings

In addition to the three independent league competitions for each of the game titles, Gfinity will, for the first time in esports history, be running a franchise championship. The Franchise Championship will mean that every time a team wins a match, the franchise wins its own prize money paid for by Gfinity.

For more information on the Elite Series click on the following hyperlink: www.gfinityesports.com.

Neville Upton, CEO, Gfinity plc, said: "I am delighted to release the details for the inaugural Elite Series. It is going to be a dynamic new esports league format featuring some of the world's most prestigious teams and most popular gaming titles."

Enquiries:

 
 Gfinity plc                                www.gfinityplc.com 
 Neville Upton, Chief Executive                Via Walbrook PR 
  Officer 
 
 Allenby Capital Limited - AIM                Tel. [phone] 
  Nominated Adviser and Broker                            5656 
 Jeremy Porter / John Depasquale 
  / James Thomas 
 
 Walbrook PR (Media & Investor                  Tel: +44 (0)20 
  Relations)                                         7933 8780 
 Paul Cornelius / Helen Cresswell/   or [e-mail] 
  Sam Allen 
 

About Gfinity

Founded in 2012, Gfinity has quickly established itself as one of the world's leading esports business. The London-based company enjoys strong relationships with game publishers, players and the wider esports community and has built a reputation for delivering top quality esport competitions, both on-line and off-line, and producing industry leading esports broadcasts.

Gfinity has over 700,000 registered users eligible to compete in its online esport competitions. Gfinity stages world leading off-line events in which the world's top esport players travel to the Gfinity Arena in London to take part in competitions broadcast on-line to millions of viewers worldwide. Gfinity stages live esports events featuring top video gaming titles, across PCs, consoles and mobile devices.

Gfinity monetises the strong position that it has created through a combination of sponsorship, advertising, broadcast income relating to Gfinity's own events and through fees received for creating and delivering bespoke events for sponsors and game publishers seeking to engage with the esports community.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 19, 2017 02:00 ET (06:00 GMT)