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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Leisure&Gaming | LSE:LNG | London | Ordinary Share | GB00B071S784 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.00 | 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 : 2717U
Leisure & Gaming plc
12 October 2010
Leisure & Gaming plc
("the Company")
Result of General Meeting
On 10 September 2010, the Company announced a proposed disposal of Betshop Group
(Europe) Limited to Grupo Pefaco SL ("Pefaco") on the terms set out in the
Company's circular to shareholders dated 10 September 2010. Since then, the
Company has still not concluded definitive terms with Pefaco and thus the
Resolutions to be put to today's adjourned General Meeting are redundant.
Accordingly the Resolutions were not put to shareholders and were withdrawn.
The Directors are still in talks with Pefaco and are exploring approaches from a
number of other parties who have expressed an interest to acquire the Betshop
business since the expiry of the exclusivity period with Pefaco. Further
resolutions will need to be put to shareholders if an alternative buyer emerges.
The Company confirms that it is only in discussions regarding the sale of its
trading subsidiary, Betshop Group (Europe) Limited, and is not seeking or
expecting any offers for Leisure and Gaming plc.
For further information, please contact:
Richard Creed,
Leisure & Gaming plc
Tel 020 8545 2190
Geoff Nash, Charlotte Stranner (Corporate Finance)
finnCap
Tel 020 7600 1658
This information is provided by RNS
The company news service from the London Stock Exchange
END
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