Business
Further partnership with eSports.com
Further partnership with eSports.com.
About this update from B90 Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 7703H Veltyco Group PLC 15 March 2018 \n\n15 March 2018\n \nVeltyco Group PLC\n(\"Veltyco\" or \"the Company\")\n \nFurther partnership with eSports.com\n \nThe Board of Veltyco Group plc (AIM:VLTY), the online marketing and operator company for the gaming industry, is pleased to announce that, further to its announcement of 11 October 2017 regarding the partnership with eSports.com focusing on the roll out of a new eSports business, it has extended its partnership with eSports.com and has entered into a joint venture with eSports.com to join forces in a blockchain project.\n \nThe purpose of the project is to create an infrastructure to bring members and/or customers of communities (sports, gaming, playing) to a fully transparent technological platform. The platform will seek to transfer data such as know your client regulated information, but also historical data, in a decentralised manner and could, in the future, be combined with automated payments. \n \neSports.com AG, the parent company of eSports.com, and Veltyco will each have a 50% interest in the joint venture and will provide equal funding to the project.\n \neSports.com is a fast growing eSports community portal targeting a significant global audience. It operates the portal under the domain www.esports.com and Veltyco has a minority interest in eSports.com.\n \nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.\n \nFor further information please contact:\n \nVeltyco Group plc +44 (0)1624 605 764\nGilles Ohana, Non-Executive Director\nMarcel Noordeloos, CFO\n \nStrand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494\nJames Harris / Richard Tulloch / James Dance\n \nWhitman Howard Ltd (Broker) &nb...