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Acquisition

4 Oct 2019 10:22

RNS Number : 8199O
Rank Group PLC
04 October 2019
 

4 October 2019

The Rank Group Plc LEI: 213800TXKD6XZWOFTE12

The Rank Group Plc (LSE: RNK) ('Rank') announces the completion of the acquisition of Stride Gaming plc ('Stride')

Rank is pleased to announce the completion of the acquisition of the entire issued share capital of Stride.

John O'Reilly, Rank Chief Executive said:

"Today marks a significant day for Rank. This acquisition delivers a proprietary technology platform and highly experienced team which will accelerate the transformation of Rank and create one of the UK's leading online gaming businesses. Our focus now turns to ensuring we successfully integrate Stride into Rank and realise the potential of our new enlarged digital business."

Forthcoming announcements

Rank will announce its Q1 interim management statement on 17 October 2019.

Ends

 

 

Contacts:

 

Rank

 

Sarah Powell - investor relations

Tel: +44 1628 504 303

 

 

Media Enquiries:

 

FTI Consulting LLP (PR adviser to Rank)

 

Edward Bridges

Tel: +44 20 3727 1067

Alex Beagley

Tel: +44 20 3727 1045

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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