1st Mar 2007 07:07
PartyGaming Plc01 March 2007 1 March 2007 PartyGaming Plc ("PartyGaming" or the "Company") Notice of Extraordinary General Meeting to approve Performance Share Plan and the All-Employee Option Plan and to approve the purchase of property from the Company by the two Executive Directors PartyGaming, the world's leading listed online gaming company, announces that itis convening an Extraordinary General Meeting ("EGM") at which shareholders willbe asked to approve the PartyGaming Performance Share Plan and the PartyGamingAll-Employee Option Plan and the purchase of property from the Company by thetwo Executive Directors. Following a consultation with some of the Company's largest shareholders, it isproposed that two new long-term incentive plans for executives and employees -the Performance Share Plan and the All-Employee Option Plan - be adopted. It is also proposed that shareholders approve the purchase of residentialproperty from the Company by each of Mitch Garber and Martin Weigold, theCompany's two Executive Directors. A circular will be despatched to shareholders shortly giving notice of the EGM,to be held at 4.00 p.m. on Wednesday 21 March 2007 at The Caleta Hotel, CatalanBay, Gibraltar. Contacts: PartyGaming Plc +350 78700Peter Reynolds, Director of Investor RelationsJohn Shepherd, Director of Corporate Communications Financial Dynamics +44 (0) 20 7831 3113Edward Bridges / Juliet Clarke This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BPTY.L