Gamesys Group PLC - Block Listing Announcement

Rhea-AI Summary

Gamesys Group plc has applied to the Financial Conduct Authority and London Stock Exchange for the admission of 1,866,823 ordinary shares to the Official List, expected on September 27, 2021. These shares will be issued under the Company’s Long Term Incentive Plan and will rank pari passu with existing ordinary shares. Gamesys Group plc is a leading online gaming provider, operating popular brands such as Jackpotjoy, Virgin Games, and Monopoly Casino, offering a variety of bingo and casino games globally.

Positive

• Application for 1,866,823 ordinary shares to enhance liquidity and support growth.
• Shares to rank pari passu with existing shares, maintaining shareholder value.

Negative

• None.

LONDON, UK / ACCESSWIRE / September 22, 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 1,866,823 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 27 September 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.

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), 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/665119/Gamesys-Group-PLC--Block-Listing-Announcement

FAQ

What is the significance of the shares being admitted to the Official List for JKPTF?

The admission of 1,866,823 shares to the Official List enhances liquidity and can positively affect trading for JKPTF.

When will the shares for JKPTF be available for trading?

The shares for JKPTF are expected to be available for trading on September 27, 2021.

What is the purpose of the block listing for JKPTF?

The block listing for JKPTF is intended to issue shares under the Company's Long Term Incentive Plan.

How does the share issuance affect current JKPTF shareholders?

The new shares will rank pari passu with existing shares, which helps maintain the value for current JKPTF shareholders.