11 Aug 2015 14:59
11 August 2015
DJI Holdings plc
Issue of shares
DJI Holdings plc (AIM: DJI), a licensed promoter and distributor of sports and welfare lottery products to third party retailers and direct to consumers, announces the issue of 130,000 new ordinary shares of 10p each at an effective price of 112.58p each. The issue relates to full and final settlement of an investment and consultancy agreement with a former adviser to the Company for services rendered before the IPO in July 2014. The claim for additional shares arose after the IPO.
Application for admission to trading on AIM will be made as soon as practicable in respect of these shares.
Following this issue of shares, the number of ordinary shares that the Company has in issue is 130,778,391. The total number of voting rights of the Company is 130,778,391 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.
ENDS
For further information please contact:
DJI Holdings plc | +44 (0) 1565 872990 |
Darren Mercer, Group Chief Executive Rodney Davis, Chief Financial Officer | |
IHA Consulting | +44 (0) 20 3393 1185 |
Stephen Benzikie | |
Strand Hanson Limited (Nominated Adviser) | +44 (0) 20 7409 3494 |
Andrew Emmott | |
Ritchie Balmer |
Note to editors
DJI's strategy is to capitalise on the rapidly expanding Chinese lottery market and the opportunity to deliver lottery ticket fulfilment sales to its substantial client base of large Chinese corporations (B2B) and individual consumers via the Group's owned and operated websites (B2C), within the online and mobile environment.
Through the Group's long-standing relationships with the Chinese regulators, portfolio of lottery contracts and reliable technology platform, the Group is well positioned to capture the market opportunity.
The principal activities of the Group are the development, promotion and distribution of authorised lottery products in China. DJI's subsidiaries are licensed and/or contractually authorised to distribute and promote Sports and Welfare lottery products online, via mobile and through physical retail outlets across China.
The Group has a differentiated approach to the Chinese lottery market in that DJI operates throughout the promotion and distribution value chain. The Group offers:
· front-end lottery ticket sales via websites owned and operated by the Group, third party websites, mobile applications and physical retail outlets
· back-office lottery ticket fulfilment services to large online and offline lottery partners
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