Update regarding SIS

Update regarding SIS


Released 12:59:45 17 June 2020

RNS Number : 2680Q

Catalyst Media Group PLC 17 June 2020 

17 June 2020

Catalyst Media Group plc

(“CMG” or the “Company”)

Update regarding SIS

The Company provides the following update in respect of Sports Information Services (Holdings) Limited (“SIS”) in which CMG has an approximate 20.54% interest.

Further to the update provided in the Company’s interims for the six month period ended 31 December 2019 (the “Interims”), announced on 26 March 2020, SIS has informed the Company that, following the resumption of horse and greyhound racing in England from 1 June 2020 and horseracing in Ireland from 8 June 2020, together with the reopening of Licenced Betting Offices in England from 15 June 2020, it is now beginning to return to full operations, with staff being un-furloughed through June and into July 2020.

SIS has also informed the Company that it has secured additional online content, increasing its ability to provide 24/7 content to its customers.  The additional content includes horseracing from Germany, Czech Republic and Hungary.  SIS has also launched its first competitive gaming e-sports product with bet365.

SIS has also confirmed to the Company that as detailed in the Interims, SIS made a profit for the year ending 31 March 2020, prior to any provisions or adjustment as a result of COVID-19.


Catalyst Media Group Plc

Michael Rosenberg, Non-executive Chairman                              07785 727 595

Melvin Lawson, Non-executive Director                                        020 7734 8111

Strand Hanson Limited                                                               020 7409 3494

James Harris / Richard Tulloch

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. END  UPDFRMBTMTABBRM

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.© 2022 London Stock Exchange plc. All rights reserved.