Gaming Realms Plc
("Gaming Realms," the "Company," or the "Group")
Result of General Meeting
The Company is pleased to announce that all resolutions set out in the notice of General Meeting included in the circular issued by the Company on 19 August 2014 relating to the placing of 18,148,487 new ordinary shares of £0.10 each in the Company ("Ordinary Shares") (the "Placing") and the allotment of 7,575,758 new Ordinary Shares in connection with the acquisition of Blueburra Holdings Ltd. (the "Acquisition") were duly passed at the General Meeting which was held today at 10.00 am.
The 25,724,245 new Ordinary Shares issued in connection with the Placing and the Acquisition will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 5 September 2014.
Following Admission there will be 186,534,125 Ordinary Shares in issue. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
- Ends -
Gaming Realms Group Patrick Southon, Chief Executive Officer
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+44 (0) 84 5123 3773 |
Cenkos Securities (Nomad and Broker) Max Hartley, Michael Johnson (Corporate Finance) Julian Morse (Sales)
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+44 (0) 20 7397 8900 |
Bell Pottinger Olly Scott Charles Goodwin |
+44 (0) 20 3772 2500 |
About Gaming Realms
Gaming Realms is an online gaming business formed in 2012 to develop a new generation of social bingo and slot machine gaming concepts.
Gaming Realms was founded by the team behind Cashcade, which created the leading online bingo brand, Foxy Bingo, in addition to other online bingo and casino games. The success of Cashcade culminated in its sale to bwin.party digital entertainment plc for a total consideration of approximately £96 million in 2009.