Brief: Bidstack Group Announces Proposed New Commercial Partnership

Bidstack

29/09/2023 08:11

Sept 29 (Reuters) - Bidstack Group PLC  BIDS.L :
    * BIDSTACK GROUP PLC  - PROPOSED NEW COMMERCIAL PARTNERSHIP
    * BIDSTACK GROUP PLC - ENTERED INTO NON-BINDING HEADS OF
TERMS IN
RESPECT OF A PROPOSED COMMERCIAL PARTNERSHIP WITH VIRTUAL SPORT
TECHNOLOGY LIMITED
    * BIDSTACK GROUP PLC - COMPANY EXPECTS TO SIGN AGREEMENT AS
SOON
AS PRACTICABLE
    * BIDSTACK GROUP PLC -  MAIN PROVISIONS OF HEADS AGREED WITH
VST
ARE VST WOULD PAY BIDSTACK A LICENCE FEE OF £1.5M

Source text for Eikon:  ID:nRSc1449Oa 
Further company coverage:  BIDS.L 

 ((Reuters.Briefs@thomsonreuters.com;))