GAME Digital PLC Issue of Equity (7193F)
23 February 2018 - 6:00PM
UK Regulatory
TIDMGMD
RNS Number : 7193F
GAME Digital PLC
23 February 2018
23 February 2018
GAME Digital plc
ISSUE OF EQUITY AS PAYMENT OF DEFERRED CONSIDERATION
GAME Digital plc ("GAME Digital", the "Company" or the "Group"),
today announces it has issued and allotted 2,079,002 ordinary
shares of 1p each in the capital of the Company ("New Ordinary
Shares"). This is to satisfy the final instalment of the deferred
consideration due to certain vendors of Multiplay (UK) Limited on
the third anniversary of the acquisition, together with the final
cash payment of GBP2.4 million.
An application has been made to the UK Listing Authority and to
the London Stock Exchange for the New Ordinary Shares to be
admitted to the Official List and to trading on the London Stock
Exchange's main market for listed securities ("Admission"). It is
expected that Admission will occur at 8.00 a.m. on 2 March
2018.
These new shares will rank pari passu with the existing Ordinary
Shares.
For the purposes of the Financial Conduct Authority's Disclosure
and Transparency Rules ("DTRs"), the issued ordinary share capital
of the Company following Admission on 2 March 2018 will consist of
172,938,108 Ordinary Shares. This total voting rights figure may be
used by shareholders as the denominator for the calculations by
which they will determine whether they are required to notify their
interests in, or a change to their interest in, the Company under
the DTRs.
- ENDS -
Enquiries:
GAME Digital plc +44 (0) 1256 784 000
Citigate Dewe Rogerson
Jos Bieneman +44 (0) 207 282 2851
Michael Russell
About GAME Digital plc
Listed on the London Stock Exchange in June 2014, GAME Digital
plc is dedicated to delivering an authoritative range of specialist
gaming products and services to the gaming communities of the UK
and Spain, providing more ways for gamers to enjoy more games and
unique gaming experiences, more often. GAME's UK and Spanish retail
businesses are the market leaders in those geographical areas,
operating a total of over 570 stores across the two territories, a
fully integrated omni-channel offer. Through its Esports &
Events activities the Group is delivering unparalleled consumer
gaming experiences directly, and on behalf of third parties,
including its flagship event, Insomnia, the UK's largest gaming
festival.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEUUSARWRAUUUR
(END) Dow Jones Newswires
February 23, 2018 02:00 ET (07:00 GMT)
Game Digital (LSE:GMD)
Historical Stock Chart
From Apr 2024 to May 2024
Game Digital (LSE:GMD)
Historical Stock Chart
From May 2023 to May 2024