Coats Group Plc Regulatory News (COA)

18 Jun 2008 11:40



Letter to RNS

Re Inspired Gaming Group plc

The following is the text of a letter which is being sent today by Guinness Peat Group plc ("GPG") to Inspired Gaming Group plc ("Inspired") in connection with GPG's purchase of shares in Inspired.

"Disclosure of Interest in Shares pursuant to Rule 8 of the Takeover Code ("the Code")

Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notify Inspired Gaming Group plc ("Inspired") that, following on-market acquisitions of 350,000 and 50,000 Ordinary shares of Inspired ("Shares") at £0.4425 per Share and a further 767,660 Shares at £0.4450 per Share, the Group's direct interest now amounts to 2,000,000 Shares representing 2.75% of the issued share capital of Inspired.

The Group has no interest in options or derivatives in the shares of Inspired. Therefore, following the above transactions, in accordance with its disclosure obligations under Rule 8 of the Code, the Group has a long interest in relevant securities (as defined in the Code) in aggregate totalling 2.75% of the issued shares of Inspired.

The Group has an interest by virtue of being a Rule 8 shareholder of Inspired. No member of the Group is party to any agreement or arrangement relating to the exercise of any rights conferred by holding the Shares the subject of this notification."

Letter from:

Richard Russell Company Secretary Guinness Peat Group plc Tel: (0) 20 7484 3370