GAMING REALMS PLC — Capital/Financing Update 2014

Oct 1, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0743T

Gaming Realms PLC

01 October 2014

Gaming Realms Plc

(the "Company" or the "Group")

Issue of Equity

Gaming Realms, the creator and developer of interactive next generation online gaming products, announces that is has conditionally raised approximately £250,000 through the proposed subscription of 757,576 new ordinary shares ("New Shares") at 33 pence per share (the "Subscription"). These funds will be used for additional working capital. The Subscription will represent 0.4% of the Company's enlarged share capital.

Pursuant to the Subscription, application has been made for the New Shares, which will rank pari passu in all respects with the Company's existing ordinary shares, to be admitted to trading on AIM ("Admission"). Admission is expected to be effective from 8.00 am on or around 6 October 2014.

Total Voting Rights

Following completion of the Subscription, Gaming Realms' total shares in issue will be 187,291,701 ordinary shares of 10 pence each. Gaming Realms holds no ordinary shares in Treasury. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Gaming Realms under the AIM Disclosure and Transparency Rules.

- ends -

Gaming Realms Group Patrick Southon, Chief Executive Officer	+44 (0) 84 5123 3773
Cenkos Securities (Nomad and Broker) Max Hartley (Nomad), Julian Morse (Sales)	+44 (0) 20 7397 8900
Bell Pottinger Olly Scott James Newman	+44 (0) 20 3772 2500

About Gaming Realms

Gaming Realms Limited is an online gaming business formed in 2012 to develop a new generation of social bingo and slot machine gaming concepts.

Gaming Realms was founded by the team behind Cashcade, which created the leading online bingo brand, Foxy Bingo, in addition to other online bingo and casino games. The success of Cashcade culminated in its sale to bwin.party digital entertainment plc for a total consideration of approximately £96 million in 2009.

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOEQKKDDABKDNCN