8 Jan 2019 15:24
Stride Gaming plc
("Stride Gaming", the "Company", or "the Group")
Notice of AGM and posting of Annual Report and Accounts
Stride Gaming plc (AIM: STR), a leading online gaming operator, announces that its annual report and accounts for the year ended 31 August 2018 and the Notice of its 2019 Annual General Meeting (AGM) are available for download on the Company's website at https://www.stridegaming.com/investor-relations/annual-report-2018 .
The Notice of the AGM will be posted to shareholders on 8 January 2019.
The AGM will be held at the offices of Hudson Sandler LLP, 25 Charterhouse Square, London EC1M 6AE on Wednesday 6 February 2019 at 9.30 a.m.
Special Dividend in respect of the QSB Gaming contingent consideration
In the Company's announcement of its audited results for the year ended 31 August 2018 on 21 November 2018, reference was also made to the proposed distribution, by way of a special dividend, of the earn-out received relating to the QSB Gaming transaction, which is expected to be in excess of £6.0m (equating to 8.0 pence per share) and which is expected to be paid in spring or early summer 2019. In addition, reference was made to such dividend being subject to the approval of shareholders at the 2019 AGM. Since the final amount and timing of such special dividend has not yet been finalised, the Company is now proposing to make such distribution by way of interim dividend at the relevant time, thereby not requiring the approval of shareholders to do so.
The Company will make a further announcement regarding the final amount and timing of such special dividend in due course.
Enquiries:
Stride Gaming plc Eitan Boyd (Chief Executive Officer) Ronen Kannor (Chief Financial Officer) www.stridegaming.com
| +44 (0) 20 7284 6080 |
Investec Bank plc (Nominated Adviser and Broker) Chris Treneman Ed Thomas David Anderson
| +44 (0) 20 7597 5970
|
Hudson Sandler (Financial PR) Alex Brennan Hattie O'Reilly Bertie Berger | +44 (0) 20 7796 4133 |
About Stride Gaming
Stride Gaming plc, listed on AIM, is a leading online gaming operator. The Company operates a multi-branded strategy, using a combination of its proprietary and licensed software to provide an online gaming offering.
Stride Gaming's real money offering is presently focused on the UK market, where it is licensed and only operates from the regulated jurisdictions of the UK and Alderney. With a diverse portfolio of more than 170 brands, Stride Gaming is the third largest online bingo operator in the UK and has over 25% share of the UK online bingo landscape.
Stride Gaming operates a partnership platform, Stride Together, through which the company licenses its proprietary platform to gaming operators, media partners and retailers in the UK and globally, enabling them to create an online presence for their customers and enabling Stride to penetrate new verticals both within UK markets and overseas territories.
Further information on the Group is available at: www.stridegaming.com.