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Nektan future in doubt as shares suspended

14th April 2020 9:52 am GMT

Trading in shares of London-listed gaming technology supplier Nektan has been suspended as the company prepares to enter administration.

The company announced two weeks ago that it would hold discussions with advisors and stakeholders regarding the future of the group after its Rapid Games US joint venture ceased trading and its B2B business was impacted by the spread of COVID-19.

This followed Nektan’s transition to a B2B business in January with the sale of its UK consumer [...]

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