Tag Archives: London AIM

Stride places itself under ‘offer period’ reviewing all future options

Issuing a market statement, the governance of London AIM-listed online gambling group Stride Gaming Plc has clarified its strategic position/intent, following media reports that it seeks an outright sale of the business. Stride governance confirms that at present ‘all strategic options are being considered’ with a view to maximising shareholder value, including – i) implementing an aggressive UK and international …

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Nektan on course to ‘€ break-even’ in 2019

London AIM-listed igaming platform and games provider Nektan Plc has this morning published its Q2 2019 trading update (period ending 31 December) reporting record KPI growth, new commercial partnerships and progress on its US market foundations. Updating investors, Nektan reports record cash wagering across its active business verticals of £222 million, a £40 million increase (22% growth) on Q1 2019’s …

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Nektan appoints ‘growth expert’ Lucy Buckley as new CEO

London AIM-listed platform and games content provider Nektan Plc has today confirmed that the pending appointment of Lucy Buckley as new Chief Executive Officer. Updating investors, Nektan governance confirms its new executive leader who is expected to join the company and its board on 3 December 2018. A seasoned leadership executive in marketing, growth strategies and corporate development, Buckley joins …

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Veltyco renews Betsafe Deutschland management contract

London AIM-listed industry marketing services provider Veltyco has confirmed that it will continue to act as lead operating firm of Betsson’s ‘Betsafe Deutschland’ property until May 2021. Veltyco renews one of its biggest management contracts, continuing to operate the Betsafe brand within Germany, on ‘broadly similar terms as its previous agreement’. The strategic arrangement will continue to see Veltyco act …

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Regulatory adjustments sees XLMedia issue revenue & profit warning

London AIM-listed industry affiliate marketing network XLMedia has this morning issued a revenue and profits warning, adjusting its 2018 corporate expectations. Updating investors, XLMedia governance details that the company has had to adjust to a number of regulatory impacts within Australia and Europe. ‘Underlying trading in the year to date has been stable with the Group actively deciding to focus …

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Executive shake-up sees Veltyco appoint Melissa Blau as new CEO

London AIM-listed European online gambling/lottery group, Veltyco Plc has issued a corporate update confirming the appointment of Melissa Blau as new Chief Executive Officer. Veltyco governance confirms the appointment Blau, following an executive management restructure, which has seen company executives Uwe Lenhoff and Hans Dahlgren step down from the board. As leader of Veltyco, Blau will be supported by the …

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XLMedia raises £32 million through share sale

London AIM-listed industry affiliate marketing firm XLMedia has confirmed that it has raised approximately £31.7 million through its latest ordinary shares placement. Issuing a market statement on Tuesday 16 January, XLMedia governance detailed that it would place up to 16 million ordinary shares, representing circa 7.8% of the firm’s equity for sale to institutional investors. This morning, XLMedia confirmed that it …

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Efficiency in spend leads Nektan commercial momentum

London AIM-listed B2B mobile gaming solutions provider Nektan Plc has detailed strong corporate growth for its Q2 2018 trading update  (three-month period ending 31 December). Updating investors, Nektan would record net gaming revenues of £4.7 million up 42% on corresponding Q2 2017’s £3.3 million. During the trading period, Nektan governance informs that it has prioritized on developing player quality, whilst …

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Nektan eyes further international growth following strong Q1 2018 opening

Entering a new financial year, London AIM-listed mobile gambling operator and systems supplier Nektan Plc has posted a strong Q1 2018 performance (period ending 30 September). Driven by new product inventory and the continued growth of its European gaming brands, Nektan would report a double in period cash wagers to £126 million (Q1 2017:£56 million). The ‘mobile-first’ gambling firm, noted …

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Gaming Realms confident of 2017 outlook following solid H1 performance

London AIM-listed mobile casino and social games operator Gaming Realms Plc is confident of achieving its year-end corporate targets and expectations having reported a solid H1 2017 opening (period ending 30 June). Presenting its H1 2017 (unaudited) trading update, Gaming Realms recorded increased group revenues of £15.7 million, up from £14.9 million reported a year ago. A busy period for …

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