Gaming Realms PLC Publication of Circular (9806S)
June 29 2018 - 2:00AM
UK Regulatory
TIDMGMR
RNS Number : 9806S
Gaming Realms PLC
29 June 2018
29 June 2018
Gaming Realms plc
("Gaming Realms" or the "Company" or, together with its
subsidiaries, the "Group")
Publication of Circular
On 27 June 2018, Gaming Realms plc (GMR.L), the developer,
publisher and licensor of mobile real money and social games,
announced that it had entered into an agreement, conditional upon
shareholder approval, to sell a 70% stake in most of its UK online
casino B2C business to River UK Casino Limited ("River UK Casino",
a subsidiary of River iGaming plc, a company listed on the Merkur
Market of the Oslo Bors ("River iGaming")) for a total cash
consideration of up to GBP23.1 million (the "Transaction").
The Company today announces the publication of a circular (the
"Circular") containing a notice of general meeting of the Company's
shareholders to be convened at 11 a.m. on Wednesday, 18 July 2018
at the offices of Memery Crystal LLP, 165 Fleet Street, London,
EC4A 2DY (the "General Meeting"). At the General Meeting, the
Company's shareholders will be asked to approve an ordinary
resolution to authorise the Transaction. The procedures and timings
for shareholders to vote on the resolution are set out in the
notice of the General Meeting in the Circular.
The Circular and a Form of Proxy in relation to the General
Meeting are being posted today, and the Circular will shortly be
available for viewing, subject to regulatory requirements, on the
Company's website at www.gamingrealms.com/investors/. A copy of the
Circular will also be submitted to the National Storage Mechanism
and will shortly be available at www.morningstar.co.uk/uk/NSM.
For further information, please contact:
Enquiries:
Gaming Realms plc 0845 123 3773
Patrick Southon, CEO
Mark Segal, CFO
Akur Limited (Financial Adviser) 020 7493 3631
David Shapton
Siobhan Sergeant
Matthew Smith
Alexander Bergqvist
Peel Hunt LLP (Nominated Adviser and
Broker) 020 7418 8900
Dan Webster
George Sellar
Nicole McDougall
Yellow Jersey (PR Adviser) 07747 788 221
Charles Goodwin
Georgia Colkin
Abena Affum
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contact rns@lseg.com or visit www.rns.com.
END
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