Sale update of terrestrial lottery supply contract

RNS Number : 1204U
Sportech PLC
01 December 2021
 

For immediate release

 

1 December 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 1 November 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 17 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.

 

- Ends -

 

Contacts

 

Sportech PLC

Giles Vardey, Chairman

Andrew Lindley, Chief Executive Officer

Nicola Rowlands, Chief Financial Officer

 

enquiries@sportechplc.com

Peel Hunt (Nominated Adviser & Broker)

George Sellar

Andrew Clark

Will Bell

 

Tel: +44 (0) 20 7418 8900

Buchanan (Financial Communications)

Henry Harrison-Topham

Jamie Hooper

George Beale

Tel: +44 (0) 20 7466 5000

sportech@buchanan.uk.com

 

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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