Business
Publication of Circular
Publication of Circular.
About this update from Gaming Realms Plc
[{"type":"text","content":"\n \nRNS Number : 9806S Gaming Realms PLC 29 June 2018 \n\n29 June 2018\n \n \nGaming Realms plc\n \n(\"Gaming Realms\" or the \"Company\" or, together with its subsidiaries, the \"Group\")\n \nPublication of Circular\n \n \nOn 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 £23.1 million (the \"Transaction\").\n \nThe 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.\n \nThe 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.\n \nFor further information, please contact:\n \nEnquiries:\n \n\n\n\n\nGaming Realms plc\n\n\n0845 123 3773\n\n\n\n\nPatrick Southon, CEO\nMark Segal, CFO\n\n\n \n\n\n\n\nAkur Limited (Financial Adviser)\n\n\n020 7493 3631\n\n\n\n\nDavid Shapton\nSiobhan Sergeant\nMatthew Smith\nAlexander Bergqvist\n\n\n \n\n\n\n\n \nPeel Hunt LLP (Nominated Adviser and Broker)\n\n\n \n020 7418 8900\n\n\n\n\nDan Webster\nGeorge Sellar\nNicole McDougall\n\n\n \n \n\n\n\n\n \nYellow Jersey (PR Adviser)\n\n\n \n07747 788 221\n\n\n\n\nCharles Goodwin\nGeorgia Colkin &nb...