EARLY EQUITY PLC
(“Early Equity” or the “Company”)
Investment in Devilfish Poker Limited
Early Equity plc is pleased to announce that it has invested GBP 25,000 in Devilfish Poker Limited (“Devilfish”), an online gaming platform which is re-launching following completion of a crowdfunding. Early Equity has also agreed to work with Devilfish as a strategic partner as Devilfish prepares to expand into international markets, particularly in the Asia Pacific Region. As a result of the investment and the terms of the strategic partnership agreement, the Company holds 277,776 ordinary shares in Devilfish, representing 5% of the issued share capital of Devilfish.
Devilfish Poker Limited was founded in 2005 and it is a niche brand in the world of online poker. Devilfish facilitates peer to peer poker play through its own online poker room and generates revenue by charging a small commission on every hand played, as well as entry fees into specific poker tournaments.
The name Devilfish comes from the late professional poker player Dave ‘Devilfish’ Ulliott. Dave won a World Series Of Poker bracelet (the poker version of an Olympic gold medal) in 1997 and was runner up in World Series Of Poker tournaments in 1998, 2000 and 2001; he also won several European titles and was one of the most successful British tournament poker players of all time.
The directors of the Company accept responsibility for the announcement.
Early Equity Plc
Tel: 078 30 182501
Peterhouse Corporate Finance Limited
Tel: 020 7469 0930
Fungai Ndoro and Mark Anwyl