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VLTY Veltyco Group Plc

8.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Veltyco Group Plc LSE:VLTY London Ordinary Share IM00BYT32K14 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.40 8.00 8.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Veltyco Group PLC Trading Update (8541D)

05/02/2018 7:00am

UK Regulatory


Veltyco (LSE:VLTY)
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TIDMVLTY

RNS Number : 8541D

Veltyco Group PLC

05 February 2018

5 February 2018

Veltyco Group plc

("Veltyco", the "Company" and, together with its subsidiaries, the "Group")

Trading update

Veltyco Group plc (AIM:VLTY), the online marketing company in the gaming industry is pleased to provide a trading update for the year ended 31 December 2017.

Further to the update given on 28 November 2017, the Board of Veltyco is pleased to confirm that trading in December continued to be strong. Based on the management accounts the Board expects that the results for the year ended 31 December 2017 will be significantly ahead of market expectations with net revenues in excess of EUR14.5 million (2016: EUR6.1m) and the operating EBITDA for the full year 2017 in excess of EUR8 million (2016: EUR2.1m).

The Board expects to publish the audited financial statements in April 2018.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information, please contact:

   Veltyco Group plc                                                           +44 (0)1624 605 764 

Gilles Ohana, Non-executive Director

Marcel Noordeloos, CFO

   Strand Hanson Limited (Nominated Adviser)     +44 (0)20 7409 3494 

James Harris

Richard Tulloch

James Dance

   Whitman Howard Ltd (Broker)                                  +44 (0)20 7659 1234 

Francis North - Corporate Broking

Nick Lovering - Corporate Broking

   IFC Advisory (Financial PR)                                          +44 (0)20 3934 6630 

Graham Herring

Tim Metcalfe

Miles Nolan

About Veltyco

Veltyco is a group of companies primarily focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.

Website: www.veltyco.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTUSURRWKAURUR

(END) Dow Jones Newswires

February 05, 2018 02:00 ET (07:00 GMT)

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