22nd Oct 2009 07:00
22 October 2009
PartyGaming Plc
("PartyGaming" or the "Company")
PartyGaming Plc Shares Trust - Purchase of 1 million PartyGaming Shares
PartyGaming announces that the PartyGaming Plc Shares Trust (the "Trust") yesterday purchased 1 million PartyGaming ordinary shares of 0.015 pence each (the "Shares") at an average price of 248.01 pence per share. Funds to carry out this purchase were gifted to the Trust by the Company and these Shares will be used to satisfy awards made under the Company's existing long term incentive plans.
As a result of this purchase, the Trust holds 4,672,496 Shares, representing 1.13% of the Company's issued share capital. The Trust has waived its voting rights in respect of the Shares it holds. Therefore, excluding these Shares from the 412,177,777 Shares in issue, there are 407,505,281 voting rights for the purposes of determining if shareholders are required to notify their interest in, or a change to their interest in, PartyGaming under the FSA's Disclosure and Transparency Rules.
Contacts:
Peter Reynolds, Director of Corporate Affairs +44 20 7337 0100
John Shepherd, Director of Corporate Communications
Related Shares:
BPTY.L