Global Leisure Partners LLP
20 Balderton Street, London, W1K 6TL, United Kingdom
Tel: +44 (0) 20 7016 8050, Fax: +44 (0) 20 7016 8060
Email: info@glp.uk.com
Web: www.globalleisurepartners.com
Home   About Us    Activities & Sector Focus    Transaction History    Bespoke Capital Partners    Team    Operating Partners    News    Contact Us
This new Ticwatch rolex replica watches ages argent alternation and wrought replica watches uk gold copy alone dialcolor and watchband is different, the watchband is ochre, white replica breitling snail, three styles of stainless steel.
News

Feb, 2014
GLP Advises Probability PLC on a Board-Recommended Offer from GTECH S.p.A


GTECH S.p.A, through its UK subsidiary GTECH UK Interactive Limited, has acquired Probability PLC, an AIM listed leading mobile gaming technology and content developer, for a 59% premium to the share price prior to announcement.

Probability’s leading mobile technology and content powers its own B2C mobile gaming brands including Lady Lucks, which has over 1.5 million registered players, and is supplied to blue chip clients including Paddy Power, William Hill and 888. The acquisition provides GTECH, the world’s largest lottery business, the technology with which to capitalise on this growth. The Board-recommended offer represented a 59% premium to the share price prior to announcement and received irrevocable undertakings representing 55% of the issued share capital of Probability.

GLP was the exclusive financial and Rule 3 adviser to the Board of Probability.

Charles Cohen, CEO of Probability, stated:

“We ran an extensive process before selecting GLP for this transaction. GLP won based on their deep knowledge of the market and their personal relationships with the potential buyers, supported by an excellent back office team and execution capability. The end result speaks for itself. If there were a TripAdvisor for corporate finance advisory, I’d give GLP five stars.”

David Bains, Managing Director of GLP, commented:

“We were delighted to work with Probability on this engagement. We have been focused on mobile across all of our leisure sub-sectors for some time given the underlying market dynamics. Gaming is one such sector that is already delivering significant growth and, as such, we see the merger of Probability’s technology and know-how with GTECH’s global presence as a very powerful combination.”

 

Contacts:

David Bains
Managing Director
Global Leisure Partners LLP
Tel: +44 (0) 20 7016 8065


Important Notice:

Global Leisure Partners LLP ("GLP") is authorised and regulated in the UK by the Financial Conduct Authority. Global Leisure Partners LLC, a subsidiary of GLP, is a broker-dealer registered in the US with the Securities and Exchange Commission and is a FINRA member firm. Global Leisure Capital Partners LLC ("GLCP"), a wholly-owned subsidiary of GLP, is the principal investment arm of GLP. ©2014 GLP. All rights reserved. GLP specifically prohibits the redistribution of this material and accepts no liability whatsoever for the actions of third parties in this respect.
Site Home Site Home Contact Us
The hublot replica sale, takes its "Big Red" nickname from the large, red hublot replica sale that curves around the top of the six o'clock sub-dial, and this was essential for Les Artisans de Gen¨¨ve to get right. Reputedly, the replica watches team spent over two years researching its nuances, and omega replica sale the combined efforts of nine craftsman over a 78-hour period were required to assemble the dial. The dial and rolex replica uk the updated hands (which hublot replica are not identical to the original, but a nice evolution) offer exceptional legibility, and cartier replica uk are the epitome of a racing chronograph when paired together.