As part of the company’s strategy to create a gaming division to compliment its existing lottery management business, The Weather Lottery (TWL) has confirmed that it has entered into a conditional agreement to acquire online poker business Devilfish Poker Ltd for a total consideration of £330,000.
Under the agreement, TWL will pay £40,000 in cash with the balance of £290,000 being satisfied by the issue of up to 30,000,000 ordinary shares of 0.1 pence per share [...]
