Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Statement RE debt facilities

3rd Oct 2006 14:58

World Gaming PLC03 October 2006 WORLD GAMING PLC(AIM)('World Gaming' or 'the Company') Statement regarding debt facilities The Board of World Gaming announce, having reviewed the Company's debtfacilities agreement, that the Directors believe it may be in technical defaultof its loan conditions due to a material adverse change in the circumstances ofthe business, arising from proposed changes in legislation in the United States. The Company continues to operate at the current time and is in discussion withits lenders. 03 October 2006 Enquiries: World Gaming plc Tel. +1 888 883 0833Daniel Moran, Chief Executive Daniel Stewart Securities Tel. 020 7776 6550Ruari McGirr College Hill Tel. 020 7457 2020Jamie Ramsay The Ordinary Shares have not been and will not be registered under the U.S.Securities Act of 1933 (the "Securities Act") and may not be offered or sold inthe United States or to a U.S. person (as such term is defined in Regulations Sunder the Securities Act) absent registration or an applicable exemption fromregistration under the Securities Act. Notes to EditorsWorld Gaming plc is a UK based holding company whose subsidiaries participate inInternet gaming software licensing and operations. The World Gaming Group is aninternational developer, licensor, and provider of online gaming products,including casino, sportsbook, and pari-mutuel betting. World Gaming's Ordinary Shares are traded on the London Stock Exchange,Alternative Investment Market ("AIM") under the symbol WGP and the Over TheCounter Bulletin Board market in the U.S. under symbol WGMGY. Further information on the Company can be found at:www.worldgaming.com This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Worldlink Grp
FTSE 100 Latest
Value8,474.74
Change-133.74