Gamesys Group PLC Announces Block listing announcement

Rhea-AI Summary

Gamesys Group plc has announced an application to the Financial Conduct Authority and the London Stock Exchange for the admission of 90,000 ordinary shares at £0.10 each to the Official List. The shares are expected to be traded on 9 April 2021. This block listing is linked to the issuance of shares under the Company's Long Term Incentive Plan and Share Incentive Plan, ensuring they will rank equally with existing shares.

Positive

• Admission of 90,000 ordinary shares signifies growth potential.
• Shares will rank pari passu, maintaining shareholder equity.

Negative

• None.

Block Admission

LONDON, UK / ACCESSWIRE / April 1, 2021 / Gamesys Group plc (LSE:GYS) (the "Company") announces that an application has been made to the Financial Conduct Authority and the London Stock Exchange for 90,000 ordinary shares of £0.10 each (the "Shares") to be admitted to the Official List.

The Shares are expected to be admitted to the Official List and to trading on the London Stock Exchange on 9 April 2021.

These Shares are being reserved under a block listing and will be issued as a result of the award of shares pursuant to the Company's Long Term Incentive Plan and Share Incentive Plan.

When issued, these Shares will rank pari passu with the existing ordinary shares.

About Gamesys Group plc

Gamesys Group plc is the parent company of an online gaming group that provides entertainment to a global consumer base. Through its subsidiaries, Gamesys Group plc currently offers bingo and casino games to its customers using brands which include Jackpotjoy (www.jackpotjoy.com), Virgin Games (www.virgingames.com), Botemania (www.botemania.es), Vera&John (www.verajohn.com), Heart Bingo (www.heartbingo.co.uk), Monopoly Casino (www.monopolycasino.com), Rainbow Riches Casino (www.rainbowrichescasino.com) and MEGAWAYS Casino (www.megawayscasino.com). For more information about Gamesys Group plc, please visit www.gamesysgroup.com.

Enquiries:

Gamesys Group plc
Dan Talisman, Chief Legal Officer & Company Secretary
+44 (0)20 7478 8100
dan.talisman@gamesys.com

Finsbury
James Leviton
Robert Allen
+44 (0)20 7251 3801
GamesysGroup-LON@finsbury.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Gamesys Group PLC

View source version on accesswire.com:
https://www.accesswire.com/638599/Gamesys-Group-PLC-Announces-Block-listing-announcement

FAQ

What is the significance of the Gamesys Group plc block listing announcement on April 1, 2021?

The announcement signifies that Gamesys Group plc is applying for 90,000 shares to be admitted to trading, which is tied to its incentive plans.

When will the shares of Gamesys Group plc be admitted to trading?

The shares are expected to be admitted to trading on April 9, 2021.

What is the purpose of the 90,000 shares being issued by Gamesys Group plc?

These shares are being issued as part of the Company's Long Term Incentive Plan and Share Incentive Plan.

Will the newly issued shares rank equally with existing shares of Gamesys Group plc?

Yes, the newly issued shares will rank pari passu with existing ordinary shares.