Sportech PLC
23 December 2002
SPORTECH PLC ANNOUNCES CONFIRMATION OF CAPITAL REDUCTION & DISPOSAL OF SURPLUS
PROPERTY
Sportech plc, the home gaming company and owner of the Littlewoods gaming and
betting brands, today announces that the Court of Session in Scotland has
confirmed the capital reduction agreed at the Annual General Meeting on 18 April
2002.
Sportech plc also announces that it has completed the sale of surplus property
for residential development, as previously indicated in the Interim Statement.
The proceeds of the disposal are in line with expectations.
- ends -
Enquiries
Suzanne Judge, Corporate Communications, Sportech 0151 288 3059
Charles Reynolds, Bell Pottinger Financial 020 7861 3232
Notes to editors
Sportech plc is the UK's leading home gaming company, providing a variety of
betting and gaming opportunities to customers through its wholly owned portfolio
of Littlewoods betting and gaming brands. Sportech is developing its business
through the utilisation of new channels of distribution to bring more games to
more players in the home, capitalising on the strength of the Littlewoods brand,
namely its association with the values of trust and integrity.
This information is provided by RNS
The company news service from the London Stock Exchange
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