World Gaming PLC
21 July 2005
21 JULY 2005
World Gaming plc
('World Gaming' or 'the Company')
ANNOUNCEMENT REGARDING PRICE MOVEMENT
The Directors of World Gaming have noticed the significant movement in the
Company's share price today. The Directors can confirm that its strategy
continues to include, as stated at the time of admission, the intention to make
appropriate acquisitions to strengthen and broaden its offering and to further
enhance shareholder value.
The Directors can confirm that they are currently in discussions with a number
of parties which may or may not lead to an acquisition of any of these parties.
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Enquiries:
World Gaming plc Tel. +1 888 883 0833
Daniel Moran, Chief Executive
Daniel Stewart Tel. 020 7374 6789
Ruari McGirr
Bishopsgate Communications Ltd Tel: 020 7430 1600
Dominic Barretto
The Ordinary Shares have not been and will not be registered under the U.S.
Securities Act of 1933 (the 'Securities Act') and may not be offered or sold in
the United States or to a U.S. person (as such term is defined in Regulations S
under the Securities Act) absent registration or an applicable exemption from
registration under the Securities Act.
Notes to Editors
World Gaming is an internet Gaming Software provider offering a comprehensive
suite of products and services for internet gaming Operators and white-label
partners. World Gaming offers a wide range of integrated online gaming solutions
including sportsbook, racing, casino and poker, supported by comprehensive
e-commerce, customer service and back-office management systems.
Through its wholly-owned subsidiaries, the Group licenses the Gaming Software
and provides a complete package of related services for which it charges a
royalty and other fees to Operators.
Prior to October 2004, the Gaming Software was owned and developed solely by the
Group through its wholly-owned subsidiaries. A joint venture agreement with
Sportingbet Plc was entered into in October 2004, pursuant to which the Gaming
Software was transferred to an equally owned exempt liability partnership with
Sportingbet Plc.
World Gaming's Ordinary Shares are traded on the London Stock Exchange,
Alternative Investment Market ('AIM') under the symbol WGP and the Over The
Counter Bulletin Board market in the U.S. under symbol WGMGY.
Further information on the Company can be found at
www.worldgaming.com
This information is provided by RNS
The company news service from the London Stock Exchange
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