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Sportech Plc

Sportech Plc is quoted on the London Aim Stock exchange (SPO) and has been since 1986. Sportech comprises of three main divisions, Football pools, Bingo and online gaming with Littlewoods Casino and Poker room. Sportech is currently going through a transformation after selling its loss making online sports betting business in 2006.

Sportech plc Share Price   Sportech plc Company Announcements

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Sportech Plc Company Announcements


18th March 2008
Announced Preliminary Results for the year ended 31 December 2007, Profit before tax from continuing operations increased by 27% to £11.6m(2006 £9.1m), Earnings per share from continuing operations of 12.8p (2006: 12.8p,adjusted following share consolidation), Successful Placing and Open Offer raising over £41.4m to part fund acquisition of Vernons and provide additional working capital for  investment in enlarged Group
3rd December 2007
Announced the consolidation of every ten of the Company's ordinary shares of 5p each into one new ordinary share of 50p has become effective
7th November 2007
Sportech purchased Ladbrokes Vernons football pools business for £51 Million, £45 million will be payable on completion and a further £3 million in each of the two years following completion.
A one for ten share consolidation is being proposed, so that for every ten existing Ordinary Shares of 5 pence each holder will hold one 50 pence Ordinary Share
11th September 2007
Announced Interims results to 30th June 2007
Turnover increased to £179.4m (2006 £172.8m), Profit decreased to £5.2m (2006 6.1m) earnings per share 0.61p (2006 0.86p), Highlights included Enhanced and new products launched - Premier 10, Fantasy Football, predictor games and fixed odds games. Relaunch of Spot the Ball on target for 2008.   Preliminary clearance received from the Competition Commission for the acquisition of Vernons
28th June 2007
In an AGM statement issued today Sportech said Good progress was made in the first six months of the year. Trading is in line with market expectations and the Board enters the second half of the financial year with confidence
3rd May 2007 
The proposed acquisition by Sportech PLC of competitor Vernons Football Pools has been referred to the Competition Commission by the Office of Fair Trading, A Merger of Vernons with Sportech's Littlewoods and Zetters operations would see Sportech with a increased share of the Football pools Market with no main competitors.
29th March 2007
Announced an agreement  with Orbis Technology (NNDS) will provide comprehensive back office management and marketing tools as well as a  variety of casino style and fixed odds games content
29th March 2007
Announces a a strategic technology and distribution partnership with Scientific Games which will provide Football Pools ("pari-mutuel") services, technology development and related IT consultancy services
7th March 2007
Sportech today announced that it had enterted into exclusive discussions with Ladbrokes Plc (LAD) for the sale of the Vernon pools Business.