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Share Capital Reduction Completed

19 Jul 2012 14:56

RNS Number : 0808I

bwin.party digital entertainment

19 July 2012

bwin.party digital entertainment plc

('bwin.party' the 'Company')

Share Capital Reduction Completed

Further to bwin.party's announcements on 3May 2012 and 7 June 2012, the Company confirms that the Supreme Court of Gibraltar has now sanctioned the cancellation of the Company's share premium account by the amount of €1,018,951,463 (the 'Reduction'). The purpose of the Reduction, which takes effect from today, is to create sufficient distributable reserves to support the Company's distribution policy. The Reduction is a legal and accounting adjustment and does not of itself have any direct impact on the market value of bwin.party shares.

Contact:

Robert Hoskin, Company Secretary +350 200 78700

bwin.party digital entertainment plc

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUKVORUVABAAR

Date		Source	Headline
29th Nov 2011	5:46 pm	RNS	Transaction in Own Shares
28th Nov 2011	5:19 pm	RNS	Transaction in Own Shares
28th Nov 2011	7:00 am	RNS	Transaction in Own Shares
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