30th Dec 2015 12:55
LONDON (Alliance News) - Webis Holdings PLC on Wednesday said it is unaware of any reason for the movement in its share price, but that its subsidiary company is in negotiations to extend one of its contracts.
Webis said it confirms that there are no further material operational or corporate updates to report at this time, which would lead to the movement in its share price. Shares in the company were trading up 71% at 0.770 pence on Wednesday afternoon.
It did add, however, that its subsidiary WatchandWager.com LLC is in "advanced negotiations" with the Hong Kong Jockey Club to extend the contract to provide access to the latter's pari-mutuel pools.
"The board will issue a further announcement as soon as the results of these negotiations are concluded," Webis said in a statement.
By Karolina Kaminska; [email protected] @KarolinaAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Webis