Nektan PLC Issue of Equity and Total Voting Rights (5692B)

TIDMNKTN

RNS Number : 5692B

Nektan PLC

31 January 2020

31 January 2020

NEKTAN PLC

("Nektan", the "Company" or the "Group")

Issue of Equity

and

Total Voting Rights

Further to its announcement of 18 November 2019, Nektan (AIM: NKTN), the fast growing, award-winning international gaming technology platform and services provider, announces that application has been made for 4,690,000 new Ordinary Shares to be admitted to trading on AIM. These shares form all of the Deferred Settlement Shares, details of which were set out in the Company's circular dated 25 October 2019. Admission is expected to occur at 8.00 a.m. on 3 February 2020 ("Admission").

Total Voting Rights

Following Admission, the Company will have 246,515,665 Ordinary Shares in issue and admitted to trading on AIM. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement should be read in conjunction with the full text of the Circular dated 25 October 2019, copies of which are available on the Company's website at www.nektan.com. Capitalised terms in this announcement have the same meaning as given in the Circular.

For further information on the Group, please contact:

 
 Nektan 
  Gary Shaw, Interim Chief Executive Officer 
  Simon Hay, Chief Financial Officer 
  Kam Bansil, IR                                       [phone] 
 
 Shore Capital (Nominated Adviser and Joint Broker) 
  Tom Griffiths / David Coaten                         [phone] 
                                                      ----------------- 
 
 Novum Securities (Joint Broker) 
  Jon Belliss / Colin Rowbury                          [phone] 
                                                      ----------------- 
 
 

Further information on Nektan can be found on the Group's website at www.nektan.com.

About Nektan:

Nektan is a fast growing, international gaming technology and services provider, specialising in mobile casino. It licenses its proprietary technology to leading operators, including BetVictor.

Nektan's full end-to-end technology platform, Evolve, enables the management of the full customer experience and back-office operations, allowing operators on this platform to allow their partners to focus on marketing the product to their consumers.

The E-Lite platform is Nektan's B2B gaming content aggregator and bonusing platform that delivers a wide range of premium content from the world's leading game studios. It is an easily-integrated add on module for operators, giving them an array of options and flexibility on how they manage and distribute a breadth of premium gaming content across their networks.

Nektan has a material stake in US-based interactive gaming operator Rapid Games, which provides US land-based casinos with an in-venue mobile gaming solution. It allows operators to add mobile technology and content making products accessible to players across both cabinets and mobile devices inside casinos.

Headquartered in Gibraltar, Nektan is regulated by the Gibraltar Licensing Authority, the UK Gambling Commission and the Information Commissioners Office. As a socially responsible licence holder, Nektan endeavours to deliver a safe, secure and robust player gaming experience.

Nektan plc was admitted to the AIM market of the London Stock Exchange in November 2014.

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 [e-mail] or visit www.rns.com.

END

IOEEANFFDLXEEEA

(END) Dow Jones Newswires

January 31, 2020 04:50 ET (09:50 GMT)