Source - SMW
Sportech, will reporting a 7.6% rise in third-quarter revenue, said it would provide potential acquirers of the company with access to due diligence information over the coming weeks.

Revenue rose to £18.3m, from £17.0m in the previous corresponding period.

The company initiated a formal sale progress last month after receiving acquisition approaches. 

It has since engaged with interested parties and executed several non-disclosure agreements. 

An initial round of discussions is expected to conclude by the end of this year, with a timetable for seeking offers by the end of January.

"The group has continued to trade well in the first few weeks of the current quarter and the outcome for the full year remains in line with board expectations," chairman Richard McGuire said. 


At 8:13am: (LON:SPO) Sportech PLC share price was +0.75p at 102p



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