Update on the acquisition of Ava Trade Ltd

RNS Number : 3141B

Playtech PLC

06 October 2015

 

 Playtech plc

('Playtech' or the 'Company')

Update on the acquisition of Ava Trade Ltd.

Further to its announcement yesterday, the Board announces an update on the acquisition of Ava Trade Ltd. ("Ava Trade").

The Central Bank of Ireland ("CBI") has reverted to the Company's Irish legal advisers and clarified its position. Following this communication and having taken legal advice, the Company intends to formally challenge the decision.

An update will be provided in due course.

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For further information contact:

Playtech plc Mor Weizer, Chief Executive Officer Ron Hoffman, Chief Financial Officer c/o Bell Pottinger Andrew Smith, Head of Investor Relations	[phone] [phone]
Bell Pottinger David Rydell / Olly Scott / David Bass / James Newman	[phone]

 

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