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Sch 1 Update - World Gaming

30th Nov 2005 09:35

AIM30 November 2005 ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2 ALL APPLICANTS MUST COMPLETE THE FOLLOWING: COMPANY NAME:World Gaming plc COMPANY ADDRESS:Minerva House5 Montague HouseLondon COMPANY POSTCODE:SE1 9BB COUNTRY OF INCORPORATION:United Kingdom COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED INACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:The Company is an internet gaming software provider offering a comprehensive suite of products and services forinternet gaming operators. Through its wholly owned subsidiaries, the Company licences specialist software andprovides a complete package of related services for which it charges a royalty and other fees to operators. TheCompany is acquiring the SPORTSBETTING.COM Group an internet gaming operator. DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to whichit seeks admission and the number and type to be held as treasury shares):Ordinary shares of 0.2p each, 50,659,839 at admission; 5,600,000 of which are being placed at admission at theplacing price of 125 pence per share CAPITAL TO BE RAISED ON ADMISSION:£7.0 million (before expenses) FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Jim H Grossman, ChairmanAnthony Daniel Moran, Chief Executive OfficerDavid James Naismith, Chief Financial OfficerJonathan Charles Moss, Sales and Marketing DirectorClare Kamau Roberts, Non-executive DirectorMichael Ralston Cumming, Non-executive Director PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION:Name Prior to Admission Post AdmissionOpunosa Investment Inc 0.0% 9.98%Credit Agricole Cheuvreux 4.0% 3.0%Mellon Nominees Limited 3.4% 2.6%Charles Church Trust 0.0% 3.5% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:There are no persons to be disclosed under Schedule 2, Paragraph (h) of the AIM Rules ANTICIPATED ACCOUNTING REFERENCE DATE:31st December EXPECTED ADMISSION DATE:12th December 2005 NAME AND ADDRESS OF NOMINATED ADVISER:Daniel Stewart & Co, Becket House, 36 Old Jewry, London EC2R 8DD NAME AND ADDRESS OF BROKER:Daniel Stewart & Co, Becket House, 36 Old Jewry, London EC2R 8DD DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENTTHAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:Copies of this document will be available free of charge at the offices of Daniel Stewart & Co, Becket House, 36Old Jewry, London EC2R 8DD during normal business hours on any weekday (public holidays excepted) from the dateof this document until a date one month following Admission. DATE OF NOTIFICATION:30 November 2005 NEW/ UPDATE (see note):Update QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING: THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED: THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED: CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORYREQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET: AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THELAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE: DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILSOF ITS INVESTMENT STRATEGY: A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURREDSINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED: A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TOIT OR ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION: DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES: A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES: A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES: INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC: A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE AFINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO ADMISSION AND FULLY AUDITED INTERIM RESULTS WHEREAPPLICABLE. THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS: THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY: This information is provided by RNS The company news service from the London Stock Exchange

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