B90 Holdings Share News (B90)

B90 raises £0.54m from existing investors

(Sharecast News) - Gambling online marketing and operating specialist B90 has raised £0.54m through subscriptions for convertible loan notes from existing investors, it announced on Friday.

IN BRIEF: B90 Holdings raises GBP540,000 via convertible loan notes

B90 Holdings PLC - Isle of Man-based online marketing company - Raises GBP540,000 through subscriptions for convertible loan notes by existing investors in the company. The loan notes have a term of three years and are convertible no earlier than January 1, 2024. They will convert at a 10% discount to the average price for the five trading days prior to the conversion notice. Until then, they provide a coupon of 10% per year.

REPEAT: TRADING UPDATES: Reckitt names director; Ondine notes results

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: Reckitt names director; Ondine notes hood results

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

B90 shareholder transfers stake in company amid EGM controversy

(Alliance News) - B90 Holdings PLC on Tuesday said Ronny Ingvar Breivik, a shareholder seeking the removal of Executive Chairman Karim Peer and Non-Executive Director Nigel Eastwood, has paid of a debt through the transfer of 9.0 million B90 shares.

IN BRIEF: B90 shares down despite surge in interim revenue

B90 Holdings PLC - Isle of Man-based online marketing company - Revenue more than doubles to EUR1.0 million in the six months to June 30 from EUR404,686 a year ago. Pretax loss narrows to EUR1.3 million from EUR1.4 million, as no finance expense incurred during the period, compared to EUR58,437 a year ago. Says the revenue growth was driven by the launch of Spinbookie.com and the acquisition of the Oddsen operations. Oddsen.nu is a Norwegian sports-bet affiliate site.

Revenues rise, losses narrow for B90 Holdings

(Sharecast News) - Gaming marketing and operating company B90 reported a 150% increase in revenues in its first half on Friday, to €1m.

IN BRIEF: B90 Holdings backs chair amid bid to oust him

B90 Holdings PLC - Isle of Man-based online marketing company - Receives request to convene extraordinary general meeting by "group of shareholders". The shareholders propose removing Karim Peer as executive chair. "The board is perplexed by this requisition, which it believes will only serve to waste valuable company time and money. The board remains fully supportive of Karim Peer and are steadfast in our support for his leadership, as well as the current growth strategy articulated to shareholders," Senior Non-Executive Director Mark Rosman says. Group of shareholders also propose adding Ronny Breivik and Martin Fleisje. Breivik was in April hired as chief executive of main operating subsidiary B90 Ventures Ltd.

B90 Holdings raises GBP350,000 via subscription of 7.6 million shares

(Alliance News) - B90 Holdings PLC on Friday said it has raised GBP305,000 via a subscription of 7.6 million shares at a price of 4 pence each.

UK shareholder meetings calendar - next 7 days

IN BRIEF: B90 Holdings fully buys T4U Marketing as posts higher loss

B90 Holdings PLC - Isle of Man-based online marketing company - Buys remaining 49% of Cyprus-based T4U Marketing Ltd, which operates tippen4you.com, an online gambling website focused on the German market. The acquisition is completed through B90 issuing 500,000 new shares at a value of around GBP23,750 based on B90's closing price on Monday. Tippen4you.com "earns revenues by entering into affiliate agreements with operators who are active in the German market, one of the largest and most developed online gambling markets in Europe," B90 Holdings explains. "The acquisition reinvigorates the affiliate side of our business and gives us a strong foothold in Germany," says Executive Chair Karim Peer.

IN BRIEF: B90 Holdings raises GBP731,000; appoints executive chair

B90 Holdings PLC - Isle of Man-based online marketing company - Raises GBP731,000 through subscriptions for 12.7 million shares by existing investors at 5.75 pence each, the proceeds of which will go towards marketing activities and working capital.

B90 Holdings acquires Spinbookie, raises £0.6m

(Sharecast News) - Gaming marketing and operating company B90 Holdings has agreed with Entercreation to acquire certain assets, including the domain, business intellectual property, and 100% of the operations of online sportsbook and casino Spinbookie, it announced on Wednesday.