LONDON, March 12, 2019 /PRNewswire/ -- JPJ Group plc (LSE: JPJ) (the "Group"), a leading global online bingo-led operator, announces today that further to the announcement of 19 February 2019, it has completed the sale of its Mandalay operating business to a subsidiary of 888 Holdings plc for £18 million. As previously outlined, £12 million of the cash consideration has been received by the Group on completion, with the remaining £6 million to be paid in September 2019.
About JPJ Group plc
JPJ Group plc is the parent company of an online gaming group that provides entertainment to a global consumer base through its subsidiaries. JPJ Group plc currently offers bingo and casino games to its customers through its subsidiaries using the Jackpotjoy (www.jackpotjoy.com), Starspins (www.starspins.com), Botemania (www.botemania.es), Vera&John (www.verajohn.com), and InterCasino (www.intercasino.com) brands. For more information about JPJ Group plc, please visit www.jpjgroup.com.
Enquiries: JPJ Group plc: Jason Holden, Director of Investor Relations, +44(0)203-907-4032, jason.holden@jpj.com; Amanda Brewer, Vice President of Corporate Communications, +1-416-720-8150, amanda.brewer@jpj.com; Finsbury: James Leviton, Andy Parnis, +44(0)207-251-3801, jpj@finsbury.com
