The Placement Shares have been issued without disclosure under the Company's placement capacity under ASX Listing Rule 7.1.
Further to the ASX announcement dated 9th October 2017, the Company wishes to advise that Modern Wagering Systems Pty Ltd ("MWS") has satisfied it's training and support obligations in respect of the software code base of the Global Tote. Accordingly, the Company has released the voluntary escrow restrictions applicable to 1.25M of MWS' shares with effect on and from today.
MWS continues to be an avid supporter of the Company and remains a shareholder of TBH.
About Topbetta Holdings Ltd:
TopBetta Holdings Limited (ASX:TBH) is licensed to conduct race wagering and sports betting under the Bookmakers and Betting Exchange Act 1998 (Northern Territory).
The Company has built proprietary technology platforms that combine an online racing and sports wagering offering with a fantasy wagering platform and enables sports fans to compete against each other via online tournaments.
Source:
Topbetta Holdings Ltd
Contact:
Charly Duffy Company Secretary E: companysecretary@topbetta.com M: + 61-409-083-780 Jane Morgan Investor & Media Relations E: investors@topbetta.com M: +61-405-555-618