Confirms the OFT decision

RNS Number : 0576V

Sportech PLC

09 December 2013

 



09 December 2013

Sportech PLC

Sportech PLC confirms the Office of Fair Trading's ("OFT") decision to clear the acquisition of Data Tote Limited ("Data Tote")

Sportech PLC ("Sportech") is pleased to note that the OFT has decided, on the information currently available to it, that a relevant merger situation, under the provisions of the Enterprise Act 2002, has not been created in the acquisition by Sportech of Data Tote.

The acquisition of Data Tote, announced on 27 September 2013, further reinforces Sportech's position as one of the largest operators and providers of betting technologies and services in the world. Data Tote brings an incremental customer base with strong year-on-year revenue growth that will broaden Sportech's share of the European betting market.

-Ends-

For further information, please contact:

Sportech PLC                                                                        020 7268 2400

Ian Penrose, Chief Executive

Brunswick Group LLP                                                          020 7404 5959

Mike Smith, Tom Williams                                                      [e-mail]

 

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