Sale update of terrestrial lottery supply contract

RNS Number : 8194Q

Sportech PLC

01 November 2021

 

For immediate release

1 November 2021

Sportech PLC

("Sportech" or the "Company")

Update on sale of terrestrial lottery supply contract

Sportech (AIM: SPO), an international betting technology business, announces that further to the Company's announcement on 5 October 2021 regarding Sportech's exclusive discussions to potentially sell its terrestrial lottery supply contract, the period of exclusivity afforded to the potential buyer has been extended to 1 December 2021 in order to bring the negotiations and any resulting transaction to a conclusion.  There can be no certainty that this transaction will proceed and a further announcement will be made if and when appropriate.

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Contacts
Sportech PLC Giles Vardey, Chairman Andrew Lindley, Chief Executive Officer Nicola Rowlands, Chief Financial Officer	[e-mail]
Peel Hunt  (Nominated Adviser & Broker) George Sellar Andrew Clark Will Bell	Tel: [phone]
Buchanan  (Financial Communications) Henry Harrison-Topham Jamie Hooper George Beale	Tel: [phone] [e-mail]

Notes to Editors

About Sportech

Sportech PLC, an international betting technology business, delivers solutions and services for gaming companies and lottery clients in highly regulated markets. Sportech also owns and operates gaming venues and digital betting platforms in Connecticut under exclusive licences.

 

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