RNS Number : 2398D
DJI Holdings PLC
23 October 2015
 

23 October 2015 

DJI Holdings plc 

 

Director Dealing

 

DJI Holdings plc (AIM: DJI, "the Company", "DJI") announces that it was informed yesterday of the following share sales by Rodney Davis, the outgoing Chief Financial Officer:

Transaction Date

Number sold

Price

30 September 2015

150,000

48.92p

6 October 2015

5,000

46.75p

7 October 2015

55,000

46.61p

9 October 2015

3,000

46.05p

13 October 2015

17,000

43.67p

20 October 2015

25,000

43.90p

 

Following these transactions, Mr Davis' notifiable interest stands at 2,768,702 ordinary shares, representing approximately 1.9 per cent. of the Company's issued ordinary share capital.

 

ENDS

 

For further information please contact:

 

DJI Holdings plc 

+44 (0) 1565 872990

Darren Mercer, Group Chief Executive

 

 

 

IHA Consulting

+44 (0) 20 3393 1185

Stephen Benzikie

 

 

 

Strand Hanson Limited (Nominated & Financial Adviser)

+44 (0) 20 7409 3494

Andrew Emmott / Ritchie Balmer

 

Mirabaud Securities LLP (Broker to DJI)

 

 

+44 (0) 20 7878 3362

Peter Krens

 

 

 

Notes to Editors

 

DJI's strategy is to capitalise on the rapidly expanding Chinese lottery market and the opportunity to deliver lottery ticket fulfilment sales to its substantial client base of large Chinese corporations (B2B) and individual consumers via the Group's owned and operated websites (B2C), within the online and mobile environment.

 

Through the Group's long-standing relationships with the Chinese regulators, portfolio of lottery contracts and reliable technology platform, the Group is well positioned to capture the market opportunity.

 

The principal activities of the Group are the development, promotion and distribution of authorised lottery products in China. DJI's subsidiaries are licensed and/or contractually authorised to distribute and promote Sports and Welfare lottery products online, via mobile and through physical retail outlets across China.

 

The Group has a differentiated approach to the Chinese lottery market in that DJI operates throughout the promotion and distribution value chain. The Group offers:

·      front-end lottery ticket sales via websites owned and operated by the Group, third party websites, mobile applications and physical retail outlets

·      back-office lottery ticket fulfilment services to large online and offline lottery partners

 

Beyond the Group's lottery activities, DJI has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) to provide support services to all of HSB's commercial activities. These include football and winter sports in the province, including China's largest ski resort, Yabuli.

 

The HSB joint venture includes, for the first time in a Chinese province, a Business-to-Business (B2B) online booking system for sports, based on DJI's technology. The JV has agreed terms with three of China's largest online portals to sell and promote this B2B system from 1 November 2015. 

 

 


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