Stride Gaming PLC Pre-close Trading Update (9638Q)
18 September 2017 - 4:00PM
UK Regulatory
TIDMSTR
RNS Number : 9638Q
Stride Gaming PLC
18 September 2017
18 September 2017
Stride Gaming plc
("Stride Gaming", the "Company", or "the Group")
Pre-close Trading Update
Stride Gaming plc (AIM: STR), a leading online gaming operator,
provides the following trading update ahead of its final results
for the year ended 31 August 2017.
The Group is pleased to report that strong trading has continued
in the second half of the financial year. As a result, the Board is
confident of meeting the upper end of market expectations for the
financial year which has now closed.
The Group intends to announce its results for the year ended 31
August 2017 on 21 November 2017.
Eitan Boyd, Chief Executive of Stride Gaming, commented:
"2017 has been a successful year for Stride Gaming. With
exceptional underlying organic growth across our Real Money Gaming
vertical, together with an excellent trading performance from 8ball
and Tarco acquired in August of last year, and the launch of our
new B2B vertical Stride Together, I am delighted with the current
shape and future prospects of the business.
"One of the great strengths of Stride is our robust proprietary
platform which provides great flexibility, speed to market and
in-depth analysis to provide a better user experience and more
profitable delivery of service. As we grow in size we are seeing
the benefits of this being increasingly realised and we look
forward to the future with confidence."
Enquiries:
Stride Gaming plc
Nigel Payne (Non-Executive Chairman)
Eitan Boyd (Chief Executive Officer) +44 (0)
Ronen Kannor (Chief Financial Officer) 20 7284
www.stridegaming.com 6080
Shore Capital (Nominated Adviser
and Joint Broker) +44 (0)
Mark Percy 20 7408
Toby Gibbs 4090
Canaccord Genuity Limited (Joint
Broker)
Bruce Garrow +44 (0)
Emma Gabriel 20 7523
Richard Andrews 8000
Yellow Jersey PR
Felicity Winkles +44 (0)
Georgia Colkin 776 932
Joe Burgess 5254
About Stride Gaming plc:
Stride Gaming plc, listed on AIM, is a leading online gaming
operator. The Company operates a multi-branded strategy, using a
combination of its proprietary and licensed software to provide
online bingo and slot gaming and a social gaming mobile
application.
Stride Gaming's real money offering is presently focused on the
UK market, where it is licensed and only operates from the
regulated jurisdictions of the UK and Alderney. The Company has an
international reach in the mobile social gaming market with a focus
on North America. With a diverse portfolio of 126 brands, Stride
Gaming is the fourth largest online bingo operator in the UK, and
has over 25% share of the UK online bingo landscape.
Stride operates a B2B platform, Stride Together, through which
the company licences its proprietary platform to gaming operators,
media partners and retailers in the UK and globally, enabling them
to create an online presence for their customers and enabling
Stride to penetrate new and non-bingo verticals both within UK
markets and overseas territories.
Further information on the Group is available at:
www.stridegaming.com
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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