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Re: Acquisition

29th Dec 2010 17:02

RNS Number : 6855Y
Weather Lottery PLC (The)
29 December 2010
 



THE WEATHER LOTTERY PLC

 Ticker: TWL

 ("The Weather Lottery", "TWL" or the "Company")

 

Shares to be issued in connection with the acquisition of Devil Fish Poker Limited ("DFP")

 

Dated: 29 December 2010

 

Further to the Company's announcement of 22 December 2010, the average of the closing mid-market prices of the Company's ordinary shares on the three days prior to Admission was 0.8p. Accordingly, pursuant to the terms of the conditional share purchase agreement, the number of ordinary shares of 0.1p each to be issued by TWL to Devilfish Gaming Plc ("DEVP") will be 30,000,000.

 

The 30,000,000 new ordinary shares are expected to be admitted to trading on the AIM Market of the London Stock Exchange on 30 December 2010.

 

ENDS

 

For further information contact:

 

The Weather Lottery PLC

Ross White 01777 818036

Website www.theweatherlottery.com

 

Religare Capital Markets (Nomad) 020 7444 0800

Nick Harriss

 

SVS Securities (Broker) 020 7638 5600

Ian Callaway/Alex Mattey

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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