Publication of Circular

RNS Number : 9806S

Gaming Realms PLC

29 June 2018

 

29 June 2018

Gaming Realms plc

("Gaming Realms" or the "Company" or, together with its subsidiaries, the "Group")

Publication of Circular

On 27 June 2018, Gaming Realms plc (GMR.L), the developer, publisher and licensor of mobile real money and social games, announced that it had entered into an agreement, conditional upon shareholder approval, to sell a 70% stake in most of its UK online casino B2C business to River UK Casino Limited ("River UK Casino", a subsidiary of River iGaming plc, a company listed on the Merkur Market of the Oslo Bors ("River iGaming")) for a total cash consideration of up to £23.1 million (the "Transaction").

The Company today announces the publication of a circular (the "Circular") containing a notice of general meeting of the Company's shareholders to be convened at 11 a.m. on Wednesday, 18 July 2018 at the offices of Memery Crystal LLP, 165 Fleet Street, London, EC4A 2DY (the "General Meeting"). At the General Meeting, the Company's shareholders will be asked to approve an ordinary resolution to authorise the Transaction. The procedures and timings for shareholders to vote on the resolution are set out in the notice of the General Meeting in the Circular.

The Circular and a Form of Proxy in relation to the General Meeting are being posted today, and the Circular will shortly be available for viewing, subject to regulatory requirements, on the Company's website at www.gamingrealms.com/investors/. A copy of the Circular will also be submitted to the National Storage Mechanism and will shortly be available at www.morningstar.co.uk/uk/NSM.

For further information, please contact:

Enquiries:

Gaming Realms plc	0845 123 3773
Patrick Southon, CEO Mark Segal, CFO
Akur Limited (Financial Adviser)	020 7493 3631
David Shapton Siobhan Sergeant Matthew Smith Alexander Bergqvist
Peel Hunt LLP (Nominated Adviser and Broker)	020 7418 8900
Dan Webster George Sellar Nicole McDougall
Yellow Jersey (PR Adviser)	07747 788 221
Charles Goodwin Georgia Colkin                                    Abena Affum

 

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