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JPJ Group begins new era as Gamesys Group

27th September 2019 8:02 am GMT

London-listed JPJ Group has completed the acquisition of various business assets of Gamesys to begin a new era as Gamesys Group.

JPJ Group entered into an agreement in June to acquire Gamesys, excluding sports brands and games, for £250m in cash and 33.7m newly issued shares.

As the acquisition constitutes a reverse takeover under the UK’s Listing Rules, the company's existing securities on the London Stock Exchange have been cancelled and readmitted this morning, with the company [...]

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