Gaming Realms PLC Publication of Circular (9806S)

TIDMGMR

RNS Number : 9806S

Gaming Realms PLC

29 June 2018

29 June 2018

Gaming Realms plc

("Gaming Realms" or the "Company" or, together with its subsidiaries, the "Group")

Publication of Circular

On 27 June 2018, Gaming Realms plc (GMR.L), the developer, publisher and licensor of mobile real money and social games, announced that it had entered into an agreement, conditional upon shareholder approval, to sell a 70% stake in most of its UK online casino B2C business to River UK Casino Limited ("River UK Casino", a subsidiary of River iGaming plc, a company listed on the Merkur Market of the Oslo Bors ("River iGaming")) for a total cash consideration of up to GBP23.1 million (the "Transaction").

The Company today announces the publication of a circular (the "Circular") containing a notice of general meeting of the Company's shareholders to be convened at 11 a.m. on Wednesday, 18 July 2018 at the offices of Memery Crystal LLP, 165 Fleet Street, London, EC4A 2DY (the "General Meeting"). At the General Meeting, the Company's shareholders will be asked to approve an ordinary resolution to authorise the Transaction. The procedures and timings for shareholders to vote on the resolution are set out in the notice of the General Meeting in the Circular.

The Circular and a Form of Proxy in relation to the General Meeting are being posted today, and the Circular will shortly be available for viewing, subject to regulatory requirements, on the Company's website at www.gamingrealms.com/investors/. A copy of the Circular will also be submitted to the National Storage Mechanism and will shortly be available at www.morningstar.co.uk/uk/NSM.

For further information, please contact:

Enquiries:

 
 Gaming Realms plc                         0845 123 3773 
 Patrick Southon, CEO 
  Mark Segal, CFO 
 Akur Limited (Financial Adviser)          020 7493 3631 
 David Shapton 
  Siobhan Sergeant 
  Matthew Smith 
  Alexander Bergqvist 
 
   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 
 

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June 29, 2018 02:00 ET (06:00 GMT)