Nektan PLC Temporary Suspension (4355Y)

TIDMNKTN

RNS Number : 4355Y

Nektan PLC

02 January 2020

2 January 2020

NEKTAN PLC

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

Suspension of trading on AIM pending publication of annual accounts

Further to its announcement of 23 December 2019, Nektan plc (AIM: NKTN), the fast growing, award-winning international gaming technology platform and services provider, announces that it has not been able to publish its audited annual report and accounts for the year ended 30 June 2019 (the "Accounts") by 31 December 2019, as required by Rule 19 of the AIM Rules for Companies (the "AIM Rules").

Dealings in the Company's ordinary shares will therefore be temporarily suspended from trading on AIM under AIM Rule 40, with effect from 7.30 a.m. today, 2 January 2020, until such time as the Accounts have been duly published in compliance with AIM Rule 19. The Group expects that this will be during January 2020.

Notwithstanding the temporary suspension of trading in the Ordinary Shares, the Company will continue to make announcements as and when required by the AIM Rules.

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, and provides end-to-end technology and white label casino services for leading brands, including News International's The Sun Play.

Nektan's full end-to-end technology platform, Evolve, enables the management of the full customer experience and back-office operations, allowing 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 license 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.

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January 02, 2020 02:00 ET (07:00 GMT)