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RNS Number : 0178V Gaming Realms PLC 03 March 2026
3 March 2026
Gaming Realms plc
("Gaming Realms" or the "Company")
Update on Share Buyback Programme
Gaming Realms announces that it has nearly completed its Share Buyback
Programme (the "Programme") announced on 31 March 2025 to purchase up to £6
million in respect of its ordinary shares of 0.1 pence each ("Ordinary
Shares"). As at the end of February 2026 the Company had acquired 14,026,597
Ordinary shares at a cost of £5,422,758 and had net cash of £16 million. As
a result, the Company announces that it will extend the Programme by a further
£5 million.
In addition, Gaming Realms announces that it has carried out a review of the
progress of the Programme. Due to limited liquidity in the Ordinary Shares,
the Company, in discussions with its brokers, Peel Hunt LLP and Investec Bank
PLC, has agreed that on any given trading day the Programme may exceed 25 per
cent. but remain below 50 per cent. of the average daily trading volume of the
Ordinary Shares. Accordingly, on trading days where the Programme exceeds 25
per cent. of the average daily trading volume, the Company may not benefit
from the exemption contained in Article 5(1) of Regulation (EU) 596/2014, as
it forms part of UK domestic law by virtue of the European Union (Withdrawal)
Act 2018 (as amended) ("UK MAR").
No other changes have been made to the Programme or the basis on which it will
be conducted (in each case as announced on 31 March 2025).
Details of any Shares repurchased will be notified to a Regulatory Information
Service by the Company following any repurchase as required by UK MAR and the
UK Listing Rules of the Financial Conduct Authority.
For further information, please contact:
Gaming Realms plc 0845 123 3773
Michael Buckley, Executive Chairman
Mark Segal, CEO
Geoff Green, CFO
Peel Hunt - Nominated Adviser and Joint Corporate Broker 020 7418 8900
George Sellar / Andrew Clark
Investec - Joint Corporate Broker 020 7597 4000
James Hopton / Lydia Zychowska
Yellow Jersey 07747 788 221
Charles Goodwin / Annabelle Wills
About Gaming Realms
Gaming Realms creates and licenses innovative games for mobile, with
operations in the U.K., U.S., Canada and Malta. Through its unique IP and
brands, Gaming Realms is bringing together media, entertainment and gaming
assets in new game formats. As the creator of a variety of SlingoTM, bingo,
slots and other games, we use our proprietary data platform to build and
engage global audiences. The Gaming Realms management team includes
accomplished entrepreneurs and experienced executives from a wide range of
leading gaming and media companies.
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