Company Announcements

Issue of Shares and Total Voting Rights

Source: RNS
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 £500,000 of the £3,500,000 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 £3,000,000 and remains due for repayment on 14th 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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