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About NetPlay NetPlay is an interactive gambling company that provides Casino, Bingo and Sportsbook services to consumers in the UK under.
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NetPlay operates three brands, Jackpot247, Supercasino and Vernons, using mainly third party systems for backend and content.
We have a long-term view on NetPlay and will achieve significant cost synergies and operational improvements over time.
The offer is to gambling companies in uk implemented by means of a court approved scheme of arrangement which will be regulated by the UK Companies Act and the UK Takeover Code.
The cash offer is GBP 0.
The offer is subject to, amongst other things, the approval of NetPlay shareholders and also the High Court of Justice in the UK and is expected to be closed in April 2018.
NetPlay is listed on the AIM market of the London Stock Exchange.
For the six months ending 30 June 2018, NetPlay reported net revenue of GBP 14.
Cash and cash equivalents, net of client balances, amounted to GBP 7.
The holdings of these shareholders represent, in aggregate, 39.
Further details on the offer can be found in the separate joint announcement by Betsson and NetPlay issued today pursuant to Rule 2.
About NetPlay NetPlay is an interactive gambling company that provides Casino, Bingo and Sportsbook services to consumers in the UK under its UK gaming licence.
NetPlay offers its B2C services through the Supercasino, Jackpot247 and Vernons brands.
Additionally, the NetPlay Group also operates a B2B division gambling companies in uk is a specialist online digital marketing, product development and technology business which was acquired in August 2018.
The NetPlay Group is focused on the delivery of an integrated online gaming experience through a variety of please click for source TV, internet and mobile and from a common cross-product wallet.
For further information, please contact: Ulrik Bengtsson, CEO and President Betsson AB +46 0 8 506 403 00 Pia Rosin, VP Corporate Communication Betsson AB +46 0 73 600 85 00, pia.
The information was submitted for publication, through the agency of the contact persons set out above, at 8:00 CET on February 2nd 2018.