United Game Tech with successful listing on the Berlin stock exchange
United Game Tech with successful listing on the Berlin stock exchange Malta, January 31, 2017 - The shares of United Game Tech plc, a technology company and leading sports betting operator, have been listed on the Berlin stock exchange as of today. All shares (ISIN: MT0001180109, WKN: A2AR1C) have been included in over-the-counter trading on the Berlin stock exchange. In the course of the listing, the entire share capital of the company in the amount of EUR 25,586,600.00, divided into 25,586,600 million shares, was admitted for trade on the Berlin stock exchange. The first share price was set at EUR 2.50, which corresponds to a market capitalization of EUR 63,966,500 million. The free float currently is approximately 9.7%.
Alexander Zucker, CEO of United Game Tech plc states, "We are very pleased about this milestone in our company's history. Through the listing we are opening our company to a broader group of shareholders and are offering them the opportunity to take part in an early stage of our dynamic development in the quickly growing market for sports betting and online gaming. In addition, for fiscal year 2017 we are again planning to conduct capital measures for further growth financing."
United Game Tech offers retail and online sports betting via its subsidiaries under the digiBet and bancobet brands in Germany, Austria and Belgium. The proprietary software solution is also operated as a white-label solution under the bancobet brand by a locally regulated licensee in Romania. Over 1,000 terminals in over 300 points of sale are connected to the United Game Tech Group system.
In fiscal year 2016 - according to preliminary calculations - United Game Tech achieved a turnover of approximately EUR 88 million and an EBIT of approximately EUR 1 million.
About United Game Tech plc United Game Tech plc is a technology company and leading provider of sports betting. Operating under some of the best-known brands in the European sports betting market - such as digiBet and bancobet - the company is both a service provider for corporate clients and a gambling operator. With its proprietary software solutions for corporate clients and its online platforms, the company offers the ideal gaming platform for millions of customers in a fast-growing market.
Contact:Investor Relations Kirchhoff ConsultTel. +49 (0)40 6091 8634Fax: +49 (0)40 6091 8660Email: firstname.lastname@example.org
31.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: United Game Tech plc 154, The Strand GZR1025 Il-Gzira
Malta Phone: +356 2763 1370 E-mail: email@example.com Internet: http://unitedgametech.com/ ISIN: MT0001180109 WKN: A2AR1C End of News DGAP News Service