1 Oct 2015 13:35
1 October 2015
DJI Holdings plc
("DJI" or the "Company")
Result of General Meeting
DJI Holdings plc (AIM: DJI, "the Group", "DJI"), a licensed promoter and distributor of Chinese sports and welfare lottery products to third party retailers and direct to consumers, announces that at the General Meeting held today, all resolutions put to shareholders were duly passed.
ENDS
For further information please contact:
DJI Holdings plc | +44 (0) 1565 872990 |
Darren Mercer, Group Chief Executive |
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IHA Consulting | +44 (0) 20 3393 1185 |
Stephen Benzikie |
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Strand Hanson Limited (Nominated & Financial Adviser) | +44 (0) 20 7409 3494
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Andrew Emmott / Ritchie Balmer
Mirabaud Securities LLP (Broker to DJI) |
+44 (0) 20 7878 3362 |
Peter Krens |
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Notes to editors
DJI's strategy is to capitalise on the rapidly expanding Chinese lottery market and the opportunity to deliver lottery ticket fulfilment sales to its substantial client base of large Chinese corporations (B2B) and individual consumers via the Group's owned and operated websites (B2C), within the online and mobile environment.
Through the Group's long-standing relationships with the Chinese regulators, portfolio of lottery contracts and reliable technology platform, the Group is well positioned to capture the market opportunity.
The principal activities of the Group are the development, promotion and distribution of authorised lottery products in China. DJI's subsidiaries are licensed and/or contractually authorised to distribute and promote Sports and Welfare lottery products online, via mobile and through physical retail outlets across China.
The Group has a differentiated approach to the Chinese lottery market in that DJI operates throughout the promotion and distribution value chain. The Group offers:
· front-end lottery ticket sales via websites owned and operated by the Group, third party websites, mobile applications and physical retail outlets
· back-office lottery ticket fulfilment services to large online and offline lottery partners