Contagious Gaming clarifies stance on Sportech proposal
Supplier Contagious Gaming has confirmed it has made a proposal to operator and supplier Sportech regarding a possible business combination that may create a combined company.
Contagious Gaming’s announcement was in response to a press release published by Sportech in which it said it had received a proposal from Contagious Gaming regarding a possible recommended offer for the whole of the issued and to be issued ordinary share capital of the company.
Contagious Gaming said it “has not made a firm intention statement regarding the proposed business combination”.
The deadline by which Contagious Gaming must either announce a firm intention to make an offer for Sportech or to announce that it does not intend to make an offer is no later than 5pm on 11 September.
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