NYX Gaming Group Announces Date to Discuss Second Quarter 2016 Financial Results and Game360 Earnout
TORONTO August 16, 2016 - NYX Gaming Group Limited ("NYX" or the "Company") (TSX-V: NYX) today announced it will host a conference call with members of the investment community to discuss its second quarter financial results on Monday, August 29, 2016 at 8:30am ET.
NYX's results for the second quarter ended June 30th, 2016 will be disseminated via press release and made available under NYX's profile on the SEDAR website at www.sedar.com on Monday, August 29, 2016 before 8:00am ET.
Second Quarter Conference Call
A conference call to discuss NYX's first quarter results will be held on August 29, 2016, at 8:30am ET. Matt Davey, Group CEO of NYX, and Art Hamilton, CFO, will host the call. A question-and-answer session will follow the presentation. To participate, interested parties are asked to dial (647)-427-7450 or 1-888-231-8191 prior to the scheduled start of the call. A replay of the conference call will be available by dialing (855) 859 - 2056 and using the reference number 65437544. This call will be available until September, 05 2016.
Game 360 Earnout
The Company announced today that it has issued 1,223,370 NYX ordinary shares, at a $2.06 price, representing 50% of the earn out payment where the final purchase price was €4.7 million (included the €1.0 million upfront payment made in May 2015) representing 6.4x Adjusted EBITDA for 2015. The remaining 50% or €1.7 million will be paid in cash during the 3rd quarter of this fiscal year from existing cash on hand.
NYX Gaming Group Limited is a leading digital gaming provider headquartered in Las Vegas, USA with a staff of more than 1,100 employees based in 14 countries across Europe, North America, Asia, New Zealand and Australia. The Company provides one of the world’s largest portfolios of leading content and technology to some of the foremost gaming operators, lotteries and casinos across the globe. NYX also has one of the broadest distribution bases in the industry with over 200 unique customers and the widest portfolio of content available from their own global studios and broad partner network. The diversified game catalogue delivers content across web and mobile formats, focusing on Bingo, Casino, Lottery and Sportsbook verticals.
NYX’s Open Gaming System (OGS™) was recently named 2016 Platform of the Year in acknowledgement of its position as the industry’s market-leading gaming offering, which allows licensees to leverage the best-of-breed multi-vendor casino content from around the world.
NYX Gaming Group Limited is listed on the TSX Venture Exchange under the symbol (TSXV: NYX).
For Investor Relations Enquiries please contact:
Head of Investor Relations
NYX Gaming Group
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.