13 January 2015 – trading update
A trading update has been provided for the final quarter of 2014, alongside news that Bjarke Larsen has been appointed as Chief Executive Officer. There has been a 4% increase in new depositing players to 16,249 (2013: 15,648) and a 3% increase in active depositing players to 33,073 (2013: 32,163). This leaves underlying results set to be in line with expectations. At the current price the shares represent very good fundamental value and although they are out of favour with the market we rate them as a BUY.