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DJ Ganapati plc Trading Update

 
TIDMGANP 
 
4 June 2019 
 
                                 Ganapati Plc 
 
                         ("Ganapati" or "the Company") 
 
                                Trading Update 
 
The Directors wish to inform shareholders of the following commercial 
development: 
 
iGaming content for Betsson Group 
 
Ganapati Plc is a growing international gaming technology company producing 
unique, immersive slot games based around elements of Japanese culture, which 
feature authentic Japanese designs, and is pleased to announce that following 
the Partner Agreement ("Partner Agreement") which its wholly-owned subsidiary 
Ganapati (Malta) Limited ("Ganapati Malta") entered into with Relax Gaming 
Limited ("Partner Platform") in October 2018, for the purpose of facilitating 
the offering of online casino games to integrated Operators. 
 
Under the above ("Partner Agreement") Ganapati (Malta) has signed a "Partner 
Terms" with a leading global iGaming Operator, Betsson Group Limited, and among 
other things the ("Partner Agreement") remains the same, except for the revenue 
share agreed with the Operator. 
 
Effective in generating positive results, the deal has significantly expanded 
Ganapati's iGaming offering of titles such as the popular Wild Sumo, Samurai 
Girl and Great Beauties of China, as well as the new 2019 flagship game, Neo 
Tokyo, which will become available to play on the gaming giant's online casino 
platform. 
 
Betsson Group Limited is a Malta-based subsidiary of Betsson AB, a Swedish 
company offering a wide number of online gambling products to European players. 
Betsson AB trades on the NASDAQ Stockholm Large Cap List. 
 
Joey Hurtado, MD of Casino Brands at Betsson Group said: "Ganapati's unique 
content offers a different proposition for slots players and I feel their 
offering will resonate with players across all of Betsson Group's brands. This 
addition is a further step in our pledge to offer the most engaging player 
experience in the industry." 
 
Directorate Change 
 
Taku Sawada, the Director has stepped down from the role of Director and the 
Board including his role as Director of Ganapati's subsidiaries on 31th May 
2019.  The Company would like to thank Taku Sawada for his time on the Board 
through the admission of the Company's Ordinary Shares to trading on NEX 
Exchange and his support and guidance over his term. 
 
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 
 
NEX EXCHANGE 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 04, 2019 09:04 ET (13:04 GMT)