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GMR Gaming Realms Plc

36.00
2.00 (5.88%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gaming Realms Plc LSE:GMR London Ordinary Share GB00BBHXD542 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 5.88% 36.00 35.80 36.40 36.50 34.20 34.20 5,412,333 16:29:57
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 18.76M 3.61M 0.0123 29.27 105.72M

Gaming Realms PLC Completion of sale (0540Y)

16/08/2018 3:30pm

UK Regulatory


Gaming Realms (LSE:GMR)
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TIDMGMR

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 GBP4.2 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 rns@lseg.com or visit www.rns.com.

END

DISMMGMRZVGGRZM

(END) Dow Jones Newswires

August 16, 2018 10:30 ET (14:30 GMT)

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