RNS Number : 4760Z
Weather Lottery PLC (The)
14 January 2011
THE WEATHER LOTTERY PLC
("The Weather Lottery", "TWL" or the "Company")
Alleged Fraud Against the Company
Dated: 14 January 2011
Nottinghamshire Police issued a press statement yesterday that they have jointly charged Keith Milhench and Amie Pickersgill-Smith with seven counts of fraud and four charges of theft from The Weather Lottery. They will appear before Nottingham magistrates on 24 January 2011. Both individuals are former employees of the Company and Mr. Milhench is a former director of the Company. The charges relate to the alleged misappropriation of jackpot payments to lottery winners between April 2008 and April 2010, when both parties worked for the Company. The total value of the alleged fraud and theft is £80,000.
The matter was referred to Nottinghamshire Police following an investigation by the Gambling Commission. The Gambling Commission License to operate as an External Lottery Manager (held by Prize Provision Services Limited, a 100% owned subsidiary of the Company) remains in place and was renewed in October 2010.
Nottinghamshire Police have confirmed that no one else connected with the Company is suspected of any wrongdoing and that they are satisfied that the alleged victims have been identified.
Any further developments will be notified to the market without delay.
For further information contact:
The Weather Lottery PLC
Ross White 01777 818036
Religare Capital Markets (Nomad) 020 7444 0800
SVS Securities (Broker) 020 7638 5600
Ian Callaway/Alex Mattey
This information is provided by RNS
The company news service from the London Stock Exchange