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CHSS World Chess Plc

3.25
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
World Chess Plc LSE:CHSS London Ordinary Share GB00BN70RC41 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.25 2.50 4.00 3.25 3.25 3.25 16,100 08:00:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 2.8M -2.46M -0.0037 -8.78 21.68M

World Chess PLC Armageddon Chess Series: Europe & Africa Week (0669B)

31/05/2023 7:00am

UK Regulatory


World Chess (LSE:CHSS)
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From Apr 2023 to Apr 2024

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TIDMCHSS

RNS Number : 0669B

World Chess PLC

31 May 2023

31 May 2023

World Chess Plc

("World Chess" or the "Company" or the "Group")

World Chess' Armageddon Series announces Europe and Africa Week

World Chess Plc (LSE: CHSS), a leading chess organisation seeking to promote the mass market appeal of chess globally through the commercial offering of different chess-related activities, continues its Armageddon Championship Series with Europe and Africa week. Kickstarting on June 12, 2023, the high-stakes event will follow the same dramatic format and immense time pressure constraints as the previous Armageddon events.

World Chess launched the Armageddon Championship in March 2023, bringing a fresh new twist to this traditional and timeless game. The series has daily matches consisting of two blitz games (three minutes plus a two-second move increment) and, if necessary, an Armageddon game (five minutes for White, four for Black). So far, the championship has hosted the Americas, Asia and Oceania and Women's Week. The Europe and Africa week will be the penultimate leg of the series before the Grand Finale which will be streamed on international television in September.

The start of the tournament will feature eight players from Europe & Africa region, including Michael Adams from England. Michael became a chess grandmaster at seventeen, is a seven-time British Chess Champion and holds the highest achieved chess player rating of anyone in England.

In addition to this, Maxime Vachier-Lagrave (France), Richard Rapport (Romania), Jan-Krzysztof Duda (Poland), Jorden van Foreest (Netherlands), Vincent Keymer (Germany), as well as Matthias Bluebaum (Germany) and Alexander Donchenko (Germany), both of whom successfully qualified online, will also be competing. This group of Individuals will battle it out in a double-elimination format, with daily matches consisting of two blitz games with the potential for an additional Armageddon game if a victory does not emerge.

The winner and runner-up will join an exciting line-up of finalists in the Grand Finale to be held at World Chess' newly opened Chess Club in Berlin, where they will compete for the total prize of EUR200,000. The tournament will follow a dramatic format, with the players' real-time heartbeat and calories burnt displayed alongside immense time controls and breakneck moves all adding to the excitement.

The Armageddon series is being broadcast on 17 television channels worldwide, as well as World Chess' official YouTube channel, with expert commentary and analysis provided by Grandmaster Simon Williams and International Master Jovanka Houska every day at 19:00 CET.

Ilya Merenzon, Chief Executive Officer of World Chess, said:

"It has been fantastic to watch the global accumulation of chess players come together to compete in the Armageddon series. As we now head towards the Grand Finale it has been a real joy to watch the fast-paced matches between chess players of different experiences, playing styles and nationalities.

"The series has created an atmosphere of suspense and excitement and highlighted the benefits of embracing innovative formats such as Armageddon, enabling top-level chess to entice a broader audience and ignite greater passion amongst fans.

"We offer our best wishes to all the players and are excited to get Europe and Africa Week of the Armageddon Championship underway."

   For more information, please visit   https://worldchess.com/investors   or contact: 
 
 World Chess                         Via Yellow Jersey PR 
  Ilya Merenzon, CEO 
 Novum Securities Limited 
  David Coffman / George Duxberry    +44 (0) 20 7399 9400 
 Yellow Jersey PR 
  Charles Goodwin                      +44 (0) 774 778 8221 
  Annabelle Wills                      +44 (0) 777 519 4357 
 

Notes to Editors

About World Chess Plc

World Chess (LSE: CHSS) is a London-based chess gaming and entertainment company and Fédération Internationale des Échecs ('FIDE') official commercial partner. World Chess organized the FIDE Championship Matches in the USA, and the UK, and revolutionized the sport by signing the biggest media partnerships in history. World Chess develops Armageddon, the chess league for prime-time television. World Chess also runs FIDE

Online Arena, the exclusive official chess gaming platform. More at   worldchess.com . 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCAMMATMTTJBIJ

(END) Dow Jones Newswires

May 31, 2023 02:00 ET (06:00 GMT)

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