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24/7 Gaming Group (VLOX)


Friday 11 July, 2014

24/7 Gaming Group

Conversion of loans and issue of equity

RNS Number : 0395M
24/7 Gaming Group Holdings PLC
11 July 2014

24/7 Gaming Group Holdings Plc

(the "Company" or "24/7 Gaming")



Conversion of loans and issue of equity


Further to the announcement of 9 June 2014, 24/7 Gaming is pleased to announce that application has been made for admission ("Admission") of 9,594,000 new 24/7 Gaming ordinary shares of no par value ("Ordinary Shares") deriving from the conversion of certain outstanding loans worth €585,000 at 5p per Ordinary Share. The new Ordinary Shares will rank pari passu with all existing Ordinary Shares and it is expected that Admission will occur on or around 16 July 2014.



Total voting rights


Following Admission the Company's issued share capital will comprise 176,535,488 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.



For further information please contact:


24/7 Gaming                                                   +31 (0)20 676 03 04

David Mathewson, Executive Chairman

Rogier Smit, COO


Newgate Threadneedle                               +44 (0)207 653 9850

Graham Herring

Adam Lloyd

Robyn McConnachie


Westhouse Securities                                 +44 (0)20 7601 6100

Antonio Bossi

This information is provided by RNS
The company news service from the London Stock Exchange

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