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NetPlay in talks to buy Sportech's football pools business

Prior to the advent of the purely luck-based national lottery, the football pools were the favoured - if statistically improbable - route to millionaire status of the man in the street
NetPlay in talks to buy Sportech's football pools business
East Fife 4 - Forfar 5: it'll happen one day ...

NetPlay TV (LON:NPT) has confirmed press speculation it is in talks to acquire the football pools business of Sportech (LON:SPO).

The interactive gaming company cautioned, however, that talks are at a very preliminary stage and issued the usual caveat that there is no guarantee the transaction will take place.

If it does happen, however, then it would constitute a reverse takeover under the rules of the Alternative Investment Market (AIM); as such, trading in the company's shares on AIM has been suspended pending the outcome of the talks.

Shares in Sportech rose 5% to 59.875p on the news while Netplay's shares were down 0.11p on the day at 7.27p before being suspended.

View full NPT profile View Profile

Netplay TV Plc Timeline

Article
February 02 2017
Article
September 13 2016
Newswire
January 14 2016

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