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NetPlay terminates talks over football pools business

Published: 08:09 11 Jan 2016 GMT

FootballPitch
Sportech has received a "number of proposals" for the pools business and invited parties to submit final proposals by mid-January 2016...

Interactive TV gaming firm NetPlay TV (LON:NPT) told investors it had withdrawn from talks with betting firm Sportech (LON:SPO) over buying its football pools business.

It comes as it emerged that Sportech has received a "number of proposals" for the pools business and invited parties to submit final proposals by mid-January 2016.

"After careful consideration the company has decided not to enter into this process and has therefore terminated discussions," said NetPlay in a brief regulatory statement.

Trading in NetPlay shares will therefore be lifted from suspension this morning.

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