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DJ Ganapati plc Trading Update

 
TIDMGANP 
 
2 June 2016 
 
                                 Ganapati Plc 
 
                         ("Ganapati" or "the Company") 
 
                                Trading Update 
 
The Directors are pleased to provide the following trading updates: 
 
Gambling Licence 
 
Ganapati Plc's wholly-owned subsidiary, Ganapati (Malta) Limited, has been 
awarded a Class 4 licence by the Malta Gaming Authority. This allows Ganapati 
(Malta) Limited to offer the Group's Japanese-themed online casino games to 
Malta-licenced operators. These would include existing titles such as 
CrypBattle and She Ninja Suzu. 
 
The Directors believe that the awarding of this licence creates the opportunity 
for the Group to increase the market for its games. 
 
Ganapati Plc Chief Operating Officer, Mitsuya Fujimoto, commented, "having our 
first licence is a milestone for Ganapati (Malta) and continues our growing 
relationship with Malta and the Malta Gaming Authority. 
 
Ganalogics SRL 
 
Ganapati Plc wishes to inform its shareholder that its subsidiary Ganapati 
(Malta) has recently set up its first tech office in Bucharest, Romania under 
Ganalogics SRL, registered earlier this year. The office will supplement the 
existing tech office in Tallinn, Estonia which has also recently undergone an 
expansion doubling its office size. Ganalogics OU was a sponsor at the recent 
GameDev Days in Tallinn where it was able to attract more talent. 
 
Mistuya Fujimoto, CEO of Ganapati Malta and COO of Ganapati Plc holding company 
commented, "We are delighted and excited to welcome our new teams in Europe as 
part of our global network. This move to Bucharest and expansion of the Tallinn 
studio were part of our immediate plan to strengthen our own branded game 
productions in Europe which would enable us to provide a wider range 
of content to our customers." 
 
Richard Hogg, Director of Ganapati Malta and recently appointed CEO of 
Ganalogics OU added, "We are delighted to be in Bucharest, having identified it 
as a "tech hub" of the future. The talent we have been able to attract thus far 
will enable us to create even more great games for Ganapati Malta. Estonia 
digital gaming industry continues to grow and having this additional resource 
in Romania will ensure our games are delivered in a timely fashion to our 
clients." 
 
Neither this announcement nor the information contained herein constitutes an 
offer or solicitation by Ganapati Plc for the purchase or sale of any 
securities, nor does it constitute a solicitation to any person in any 
jurisdiction where solicitation would be unlawful. 
 
The Directors of Ganapati Plc accept responsibility for this announcement 
 
CORPORATE ADVISER AND CONTACT DETAILS: 
 
Ganapati plc 
Tony Drury 
Chairman 
Telephone: 07973 737284 
 
ISDX CORPORATE ADVISER: 
 
Alexander David Securities Limited 
David Scott - Corporate Finance 
James Dewhurst - Corporate Broking 
Telephone: +44 (0) 20 7448 9820 
http://www.ad-securities.com 
 
 
 
END 
 

(END) Dow Jones Newswires

June 02, 2017 07:38 ET (11:38 GMT)