LSE premium-listed Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry's most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker.

Finalto is a specialist in B2C and B2B multi-channel trading software and services. Gopher is a 4.97% shareholder in Playtech and an affiliated entity of TT Bond Partners.

Playtech Board believes the transaction represents a good outcome for all other stakeholders, and continues to offer the opportunity to realise an attractive value for the Finalto Business, achieve significant progress in the Company's strategic aim of simplifying the Group, and release significant capital from a non-core asset.