GVC Holdings PLC GVC completes acquisition of Sportingbet (3755A)
19 Marzo 2013 - 4:40PM
UK Regulatory
TIDMGVC TIDMSBT
RNS Number : 3755A
GVC Holdings PLC
19 March 2013
Press Release 19 March 2013
GVC Holdings PLC
("GVC" or the "Group")
GVC completes acquisition of Sportingbet
GVC Holdings PLC (AIM:GVC), a leading provider of B2B and B2C
services to the online gaming and sports betting markets, is
pleased to announce that the Group has today completed the
acquisition of Sportingbet plc. The acquisition was made as part of
a recommended offer for Sportingbet by GVC and William Hill plc.
William Hill plc has acquired Sportingbet's Australian business and
has been granted a call option over Sportingbet's Spanish
business.
Kenneth Alexander, Chief Executive Officer of GVC Holdings plc,
commented: "The acquisition of Sportingbet is a transformational
deal. It consolidates GVC's position as one of the leading
operators in these markets and should provide scope for
considerable growth.
"Over the next 18 months, the GVC Board will be focused on
integrating and restructuring the Sportingbet business and
leveraging its market leading sportsbook platform and trading team.
We look forward to working with our new colleagues and believe that
the Enlarged Group has an exciting future."
It is expected that admission of the Existing GVC Shares will be
cancelled and that the Enlarged Issued Share Capital of GVC will be
re-admitted to AIM at 8.00 a.m. on 20 March 2013. Dealing in GVC
Shares is expected to commence on AIM at 8.00 a.m. on 20 March
2013.
- Ends -
For further information:
GVC Holdings PLC
Kenneth Alexander, Chief Executive Tel: +44 (0) 20 7398
Officer 7702
Richard Cooper, Group Finance Director www.gvc-plc.com
Daniel Stewart & Company Plc Tel: +44 (0) 20 7776
6550
David Hart / Paul Shackleton / James www.danielstewart.co.uk
Felix
Media enquiries:
Abchurch
Henry Harrison-Topham / Shabnam Bashir Tel: +44 (0) 20 7398
7702
henry.ht@abchurch-group.com www.abchurch-group.com
About GVC Holdings PLC
GVC Holdings PLC is a leading provider of B2B and B2C services
to the online gaming and sports betting markets. The Group is
headquartered in the Isle of Man and is licensed in Malta, and the
Netherlands Antilles.
Further information on the Group is available at
www.gvc-plc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQBUGDXUXBBGXC
Grafico Azioni Sportingbet (LSE:SBT)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Sportingbet (LSE:SBT)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a Sportingbet (Borsa di Londra): 0 articoli recenti
Più Sportingbet Articoli Notizie