REG - Gaming Realms PLC - Issue of Shares and Total Voting Rights

Gaming RealmsAnnouncement

24/02/2022 13:00

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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 14(th) 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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