Tintra PLC Update on PPS Asset Realisation Co Limited (7163A)
27 Septiembre 2022 - 1:01AM
UK Regulatory
TIDMTNT
RNS Number : 7163A
Tintra PLC
27 September 2022
27 September 2022
TINTRA PLC
("Tintra", the "Group" or the "Company")
Update on PPS Asset Realisation Co Limited
PPS Asset Realisation Co Limited, the special purpose vehicle
that owns Prize Provision Services Ltd ("PPS"), and in which the
Company holds one-third of the voting rights, has provided the
Company with an update regarding the disposal of certain of the
assets of PPS' external lottery administration business.
PPS and Sterling Management Centre Ltd have exchanged what they
anticipate is the final contract for the transaction (which was
first announced on 21 October 2021, when PPS was a subsidiary of
the Company) and that customers of the external lotteries
administered by PPS are being informed of the forthcoming changes.
It is currently expected, but not certain, that the transaction
will complete in October 2022.
For further information, contact:
Tintra PLC
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com 020 3795 0421
Allenby Capital Limited
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek
Bhardwaj 020 3328 5656
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