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excapsa listing


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Excapsa Listing Renews Interest In Online Gambling Stocks - 02-19-06


February 19 - This week's listing of online gambling software firm Excapsa on the London Stock Exchange's  Alternative Investment Market (AIM) has been widely described by industry observers as a resounding success, marking renewed interest in the sector...

Excapsa raised a total of £56.2m through the listing, giving it a market cap of £214.2m.  Excapsa powers one of the world's largest online poker rooms - Ultimate Bet. for the company behind poker operator Ultimate bet.

About £26m of the capital will be used against debt and as working capital towards making acquisitions.

"The listing proves that the market has an appetite for quality shares," the firm's legal advisor commented.

Excapsa's CEO, Jim Ryan said: "We are delighted with the positive response we received, which achieves the objective of raising our profile and allows for further growth."

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    Excapsa Listing Renews Interest In Online Gambling Stocks - 02-19-06  Send To A Friend


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