Issuing a market filing, London AIM-listed Nektan Plc has confirmed that it has disposed of its UK B2C unit, offloading the asset to Grace Media for £200,000. News of the transaction follows a Tuesday update by Nektan governance confirming that the appointment of Mark Phillips and Julie Swan of PCR London as joint administrators of the B2C unit. Grace Media …
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London AIM-listed mobile gaming group Nektan Plc has confirmed that it has secured £2.6 million in working capital, having agreed subscription terms on a new share placement. Issuing its latest market-filing, Nektan governance reveals that ‘certain investors’ have agreed to back the firm’s subscription agreement, set at 52 million new shares priced at 5p per share. In its transaction note, …
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London AIM-listed mobile gaming group Nektan Plc has begun executive search procedures after confirming the departure of Lucy Buckley as CEO. Issuing a corporate statement, Nektan said that company founder and Executive Director Gary Shaw will act as company Chief Executive on an interim basis. Buckley will ‘remain available to the board’ to help the company with its leadership transition, …
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Ahead of a rumoured initial public offering (IPO), online gaming affiliate Atemi has confirmed that it has taken over UK casino affiliate 5 Star Traffic. Under the terms of the acquisition, which have not yet been disclosed, Atemi seeks to strengthen its UK presence via the acquisition after purchasing 100 per cent of the outstanding shares of 5 Star Traffic. …
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Industry full-service marketing agency and software developer Mediacle AB has extended its existing partnership with London AIM-listed mobile gaming group Nektan Plc, to include the supply of affiliate software and services. The partnership will see Nektan utilise Mediacle’s ‘MAP’ igaming-specific affiliate marketing software across a number of its online casino brands including Cheeky Win and Love Reels. Mediacle’s MAP operates as an …
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Issuing a market statement, the governance of London AIM-listed online gambling group Stride Gaming Plc has clarified its strategic position/intent, following media reports that it seeks an outright sale of the business. Stride governance confirms that at present ‘all strategic options are being considered’ with a view to maximising shareholder value, including – i) implementing an aggressive UK and international …
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London AIM-listed igaming platform and games provider Nektan Plc has this morning published its Q2 2019 trading update (period ending 31 December) reporting record KPI growth, new commercial partnerships and progress on its US market foundations. Updating investors, Nektan reports record cash wagering across its active business verticals of £222 million, a £40 million increase (22% growth) on Q1 2019’s …
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London AIM-listed platform and games content provider Nektan Plc has today confirmed that the pending appointment of Lucy Buckley as new Chief Executive Officer. Updating investors, Nektan governance confirms its new executive leader who is expected to join the company and its board on 3 December 2018. A seasoned leadership executive in marketing, growth strategies and corporate development, Buckley joins …
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London AIM-listed industry marketing services provider Veltyco has confirmed that it will continue to act as lead operating firm of Betsson’s ‘Betsafe Deutschland’ property until May 2021. Veltyco renews one of its biggest management contracts, continuing to operate the Betsafe brand within Germany, on ‘broadly similar terms as its previous agreement’. The strategic arrangement will continue to see Veltyco act …
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London AIM-listed industry affiliate marketing network XLMedia has this morning issued a revenue and profits warning, adjusting its 2018 corporate expectations. Updating investors, XLMedia governance details that the company has had to adjust to a number of regulatory impacts within Australia and Europe. ‘Underlying trading in the year to date has been stable with the Group actively deciding to focus …
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