TIDMVLTY

RNS Number : 5263I

Veltyco Group PLC

22 March 2018

22 March 2018

Veltyco Group PLC

("Veltyco" or "the Company")

eSports partnership provides Bet90 opportunity

The Board of Veltyco Group plc (AIM:VLTY), the online marketing company and operator for the gaming industry, is pleased to announce that its partner eSports.com has entered into a partnership agreement with RFRSH Entertainment (the "RFRSH Partnership") to further accelerate the growth of esports.

RFRSH Entertainment, an established esports and digital entertainment company, manages and runs the commercial operations of some of the leading esports teams, including Astralis and as part of the RFRSH Partnership, eSports.com will be a main sponsor for Astralis.

As a result of this and through the Company's existing partnership with eSports.com, the Company believes that it will be able to increase the exposure of its online sports betting brand Bet90.com, in which it has a 51% interest, to the rapidly growing eSports market to increase its esports' betting operations and market share in this unique area.

Marcel Noordeloos, the Company's FD, commented: "We are very excited about the potential of the RFRSH Partnership and the Astralis team to drive increased awareness of our Bet90 brand within esports and it demonstrates one of the many benefits of Veltyco's partnership with eSports.com."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

   Veltyco Group Plc                                                               +44 (0)1624 605 764

Gilles Ohana, Non-Executive director

Marcel Noordeloos, CFO

   Strand Hanson Limited (Nominated Adviser)         +44 (0)20 7409 3494

James Harris / Richard Tulloch / James Dance

   Whitman Howard Ltd (Broker)                                      +44 (0)20 7659 1234

Francis North / Nick Lovering

   IFC Advisory (Financial PR)                                             +44 (0)20 3934 6630

Graham Herring / Miles Nolan / Zach Cohen

About Veltyco

Veltyco is a group of companies focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry as well as operating its own brands, such as Bet90.com. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting. Veltyco announced the acquisition of the Bet90 gaming operations in April 2017.

Website: www.veltyco.com

This information is provided by RNS

The company news service from the London Stock Exchange

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March 22, 2018 03:01 ET (07:01 GMT)

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