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DJ Ganapati plc Acquisition of Ganapati Apps Co Ltd

 
TIDMGANP 
 
30 September 2015 
 
 
GB00BWZMX384 
 
                                 Ganapati PLC 
 
                         ("Ganapati" or "the Company") 
 
                      Acquisition of Ganapati Apps Co Ltd 
 
Ganapati plc has taken a 20.5% stake in GANAPATI APPS Co. Ltd. This business 
will recruit Japanese game developers for Ganapati's online gambling business, 
which is currently under development by the Company. The consideration is JPY 
2,050,000. 
 
Commenting on this development, Hiroki Hasegawa, Chief Executive, said "This is 
an important step forward for our ambitions to maximum product development 
within the gaming sector." 
 
This announcement has been approved by the directors of the Company. 
 
The directors of Ganapati Plc accept responsibility for this announcement. 
 
For further information please contact: 
 
Tony Drury. Chairman. Ganapati plc.  07973 737284 
 
ISDX CORPORATE ADVISER: 
 
Alexander David Securities Limited 
 
David Scott -Corporate Finance 
 
James Dewhurst - Institutional Sales 
 
Telephone: +44 (0) 20 7448 9820 
 
http://www.ad-securities.com 
 
49 Queen Victoria Street, London EC4N 4SA 
 
 
 
END 
 

(END) Dow Jones Newswires

September 30, 2015 04:29 ET (08:29 GMT)