REG - Sportech PLC - Matched Bargain Dealing Facility

SportechAnnouncement

16/10/2023 07:00

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RNS Number : 1488Q  Sportech PLC  16 October 2023

16 October 2023

 

SPORTECH PLC

('Sportech' or the 'Company')

 

Matched Bargain Dealing Facility

 

Sportech, an international betting and technology business, reminds
shareholders that the last day of dealings in Sportech will be today, 16
October 2023.

 

As noted in the Company's announcement of 19 September 2023, the Company is
expected to re-register as a private limited company with the name "Sportech
Limited" and adopt its new articles of association in the week commencing 23
October 2023.

 

To facilitate future shareholder transactions in the Company's ordinary
shares, JP Jenkins has been appointed to provide a matched bargain facility.
JP Jenkins is a trading name of InfinitX Limited and Appointed Representative
of Prosper Capital LLP (FRN453007).

 

The matched bargain facility is expected to operate for a minimum period of
twelve months from 16 October 2023.  Whilst the directors' current intention
is that the facility will continue beyond that time, shareholders should note
that it could be withdrawn and, therefore, inhibit the ability of shareholders
to trade their ordinary shares.  Further details will be communicated to
shareholders via the Company's website at the relevant time.

 

Shareholders wishing to trade their ordinary shares can do so through their
stockbroker. Trades will be conducted at a level that JP Jenkins is able to
match a willing seller and a willing buyer. Trades can be conducted, and
limits can be accepted, during normal business hours. Shareholders or
potential investors can place limits via their existing UK regulated
stockbroker.

 

The indicative pricing for the ordinary shares (ISIN: GB00BRV2F192), as well
as the transaction history, will be available on the JP Jenkins website at
https://jpjenkins.com (https://jpjenkins.com) .

 

 

For further information, please contact:

 

 Sportech PLC                                  enquiries@sportechplc.com (mailto:enquiries@sportechplc.com)

 Richard McGuire, Executive Chairman

 Clive Whiley, Senior Independent Director

 Peel Hunt (Nominated Adviser & Broker)        Tel: +44 (0) 20 7418 8900

 George Sellar

 Andrew Clark

 Lalit Bose

 

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