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27 Jul 2015 07:05
27 July 2015
bwin.party digital entertainment plc
('bwin.party')
Response to media speculation
The Board of bwin.party notes the announcement made today in response to media speculation by GVC Holdings PLC ('GVC') and confirms that it has received a revised indicative proposal to acquire all of the outstanding and to be issued share capital of bwin.party with an indicative valuation of up to 122.5 pence per bwin.party share, comprised of up to 25 pence in cash and the balance in new GVC shares.
Whilst GVC is working on finalising this proposal, so that it can be formally considered by the bwin.party Board, there can be no certainty that an offer will be made by GVC.
The Board will make further announcements as and when appropriate.
Contacts:
bwin.party digital entertainment plc
InvestorsPeter Reynolds +44 (0) 20 7337 0177Media
Jay Dossetter +44 (0) 20 7337 0134
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