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Proposed Placing to raise approximately £3 million

21 March, 2016
GAN announces today its intention to raise gross proceeds of approximately £3 million through an issue of new Ordinary Shares (the “Placing Shares”) by way of a conditional placing (the "Placing") with existing and new investors (the "Placees") at a price of 28 pence each (the “Placing Price”). The Company plans to use the proceeds from the Placing to continue expansion of real-money Regulated Gaming and Simulated GamingTM opportunities in the US and for working capital and general business development purposes.

GameAccount Network plc. Proposed Placing to raise approximately £3 million. 21 March 2016.pdf

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[1] The numbers contained herein are unaudited and derived from GAN’s internal business intelligence reporting systems
 

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