|FRIDAY, 05 March 2004 – Interactive Gaming Holdings Plc ('IGH' or the 'Company'), today announces the commencement of dealings of its Ordinary Shares on the Alternative Investment Market ('AIM') of the London Stock Exchange. The Company has been established to acquire majority or total ownership of content portals and other related e-gaming sites within the e-gaming sector.|
IGH has raised £250,000 before expenses, to meet the costs of admission and fund the expansion of the Company, through the placing of 5,000,000 Ordinary Shares of 1 pence each at 5p per share.
The total number of shares in issue immediately following admission to AIM will be 17,500,000. Dealings in the shares began this morning.
Commenting on IGH's AIM admission, Thomas J. Taulé, Chief Executive of the Company said: 'We are delighted to be joining AIM and I believe this leaves us well placed to take advantage of the numerous opportunities that I believe exist within the e-gaming sector. '
The Company’s nominated advisor is Insinger de Beaufort and its broker is Insinger Townlsey.
Interactive Gaming Holdings plc,
Thomas J. Taulé – Chief Executive
+44 (0) 207 290 0292
32 Rathbone Place London, W1T 1JQ
Insinger de Beaufort
+44 (0) 20 7377 6161
44 Worship Street, London EC2A 2 JT
Citigate Dewe Rogerson
+44 (0) 20 7638 9571
+44 (0) 20 7638 2996
3 London Wall Buildings, London Wall, EC2M 5SY
Words and expressions defined in the prospectus of IGH dated 24 February 2004 shall have the same meanings as in this announcement unless the context otherwise requires.