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Friday 09 December, 2005

AIM

Sch 1 Update - World Gaming

AIM
09 December 2005


        ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION 
                          IN ACCORDANCE WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
World Gaming plc

COMPANY ADDRESS:
Minerva House
5 Montague House
London

COMPANY POSTCODE:
SE1 9BB

COUNTRY OF INCORPORATION:
United Kingdom

COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTMENT STRATEGY TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J)
OF THE AIM RULES:
The Company is an internet gaming software provider offering a comprehensive
suite of products and services for internet gaming operators.  Through its
wholly owned subsidiaries, the Company licences specialist software and provides
a complete package of related services for which it charges a royalty and other
fees to operators.  The Company is acquiring the SPORTSBETTING.COM Group an
internet gaming operator.

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares,
nominal value and issue price to which it seeks admission and the number and
type to be held as treasury shares):
Ordinary shares of 0.2p each  44,417,662 at admission; 5,600,000 of which are
being placed at admission at the placing price of 125 pence per share

CAPITAL TO BE RAISED ON ADMISSION:
£7.0 million (before expenses)

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Jim H Grossman, Chairman
Anthony Daniel Moran, Chief Executive Officer
David James Naismith, Chief Financial Officer
Jonathan Charles Moss, Sales and Marketing Director
Clare Kamau Roberts, Non-executive Director
Michael Ralston Cumming, Non-executive Director

PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A
PERCENTAGE OF THE ISSUED SHARE CAPITAL BEFORE AND AFTER ADMISSION:

Name                          Prior to Admission    Post Admission
Opunosa Investment Inc                       0.0%             9.98%
Credit Agricole Cheuvreux                    4.0%              3.0%
Mellon Nominees Limited                      3.4%              2.6%
Charles Church Trust                         0.0%              3.5%

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 
2, PARAGRAPH (H) OF THE AIM RULES:
There are no persons to be disclosed under Schedule 2, Paragraph (h) of the AIM 
Rules

ANTICIPATED ACCOUNTING REFERENCE DATE:
31st December

EXPECTED ADMISSION DATE:
12th December 2005

NAME AND ADDRESS OF NOMINATED ADVISER:
Daniel Stewart & Co, Becket House, 36 Old Jewry, London EC2R 8DD

NAME AND ADDRESS OF BROKER:
Daniel Stewart & Co, Becket House, 36 Old Jewry, London EC2R 8DD

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE
AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE
APPLICANT AND THE ADMISSION OF ITS SECURITIES:
Copies of this document will be available free of charge at the offices of
Daniel Stewart & Co, Becket House, 36 Old Jewry, London EC2R 8DD during normal
business hours on any weekday (public holidays excepted) from the date of this
document until a date one month following Admission.

DATE OF NOTIFICATION:
09 December 2005

NEW/ UPDATE (see note):
Update

QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE 
BEEN TRADED:

THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:

CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED
TO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES
TRADED UPON SUCH A MARKET:

AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE
APPLICANT HAS MADE PUBLIC OVER THE LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS
SECURITIES SO TRADED) ARE AVAILABLE:

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE
OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY:

A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE
APPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR
WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:

A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT
THE WORKING CAPITAL AVAILABLE TO IT OR ITS GROUP WILL BE INSUFFICIENT FOR AT
LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION:

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:

A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:

A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:

INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT 
CURRENTLY PUBLIC:

A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND
ACCOUNTS WHICH MUST HAVE A FINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO
ADMISSION AND FULLY AUDITED INTERIM RESULTS WHERE APPLICABLE.  THE ACCOUNTS MUST
BE PREPARED ACCORDING TO UK OR US GAAP OR INTERNATIONAL ACCOUNTING STANDARDS:

THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY:




Note: THIS FIELD SHOULD INDICATE THAT THE ANNOUNCEMENT IS 'NEW' AND ALL RELEVANT
FIELDS SHOULD BE COMPLETED. OTHERWISE WHERE THE FORM IS REQUIRED TO BE COMPLETED
IN RESPECT OF AN 'UPDATE' ANNOUNCEMENT, THIS SHOULD BE INDICATED. IN SUCH CASES,
ALL THE ORIGINAL INFORMATION SHOULD BE INCLUDED WITH ANY AMENDED FIELDS
EMBOLDENED.


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