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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Veltyco Group Plc | LSE:VLTY | London | Ordinary Share | IM00BYT32K14 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.40 | 8.00 | 8.80 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMVLTY
RNS Number : 7753W
Veltyco Group PLC
14 February 2017
14 February 2017
Veltyco Group PLC
("Veltyco")
TRADING UPDATE
Veltyco Group plc (AIM:VLTY), the online marketing company in the gaming, lottery and financial trading businesses, is pleased to provide a trading update for the year ended 31 December 2016.
Further to the update given on 13 December 2016, the Board of Veltyco is pleased to confirm that trading in December continued to be strong. Based on the management accounts the Board expects that the results for the year ended 31 December 2016 will be significantly ahead of market expectations with net revenues in excess of EUR5.7 million (2015: EUR2.6m) and the adjusted operating EBITDA for the full year 2016 in excess of EUR2.0 million (2015: EUR 0.7m).
The Board expects to publish the audited final results in April 2017.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
+44 (0)16 2460 Veltyco 5764 David Mathewson, Chairman Marcel Noordeloos, CFO Northland Capital Partners +44 (0)20 3861 Ltd 6625 Tom Price Edward Hutton +44 (0)20 3053 IFC Advisory (Financial PR) 8671 Graham Herring Tim Metcalfe Miles Nolan
About Veltyco
Veltyco is a holding company primarily focused on generating marketing leads and entering into marketing contracts for the activities of its partners in sports betting, casinos, poker games, lottery and options trading, such as Betsafe (online casino and sports betting), LottoPalace (lottery), Option888 and Zoomtrader (both Options trading). Veltyco focuses on all of these three complementary industries under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.
Website: http://www.veltyco.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTUOUWRBBAUAAR
(END) Dow Jones Newswires
February 14, 2017 02:00 ET (07:00 GMT)
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