TIDMGMR

RNS Number : 7440C

Gaming Realms PLC

24 February 2022

24 February 2022

Gaming Realms plc

("Gaming Realms", the "Company" or the "Group")

Issue of Shares and Total Voting Rights

The Company announces that it has received a conversion notice from JPJ Group Holdings Limited (a fully owned subsidiary of Bally's Corporation) ("JPJ") in respect of GBP500,000 of the GBP3,500,000 secured convertible loan notes dated 14 December 2017.

Accordingly, the Company will issue 2,170,817 new ordinary shares of 10 pence each in the Company to JPJ. Following this issue of shares the outstanding amount of the convertible loan note is GBP3,000,000 and remains due for repayment on 14(th) December 2022. The new ordinary shares will rank pari passu with the existing ordinary shares in the Company.

Application has been made to the London Stock Exchange for the admission of the shares to trading on AIM ("Admission"). It is anticipated that Admission will occur at 8.00 a.m. on or around 25 February 2022.

Total voting rights

Following Admission, the Company's issued share capital will consist of 291,873,443 ordinary shares with voting rights and that figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to the interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information please contact:

 
Gaming Realms plc                     0845 123 3773 
Michael Buckley, Executive Chairman 
Mark Segal, CFO 
Peel Hunt LLP - NOMAD and broker      020 7418 8900 
George Sellar 
Andrew Clark 
Lalit Bose 
Yellow Jersey                         07747 788 221 
Charles Goodwin 
Annabel Atkins 
Annabelle Wills

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February 24, 2022 07:45 ET (12:45 GMT)

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