Fast Bet Solutions Plc
LSE : FBSP

November 25, 2011 06:51 ET

Issue of Equity

                                          Fast Bet Solutions Plc                                                     
                                       ("Fast Bet" or the "Company")
                                                                                                                                                            
                                              Issue of Equity
                                                     
Fast  Bet  Solution  Plc  announces that its sole trading subsidiary, Fast Bet  Limited,  is  working  in
cooperation  with  leading industry specialists, Gaming Media Solutions ("GMS"). GMS  is  a  unique  gaming
specialists  offering  cost effective solutions for, media and business development requirements.  GMS  has
provided  Fast Bet with its expertise on various projects and assisted the Company in securing partnerships
with suitable businesses within the industry.

Fast Bet has agreed to issue GMS with 2,000,000 ordinary shares at the current mid market price of 0.25p as
part payment for the services GMS has supplied to Fast Bet Limited over the three month to October 2011.

Jennifer  Allsop  commented: "We are delighted to be working with GMS and we look forward  to  a  long  and
rewarding  relationship with the team there. We also view the fact that GMS has agreed to  be  issued  with
shares in lieu of fees as a sign of confidence in this concept and in our proposed strategy."

The Directors of the issuer accept responsibility for this announcement.

                                                  --END-
                                                     
Enquiries:

FAST BET SOLUTIONS PLC
Jennifer Allsop
+44 77 88 45 17 44

RIVINGTON STREET CORPORATE FINANCE
Eran Zucker
Eran@rs-cf.com
+44 20 7562 3373



Contact Information

  • Fast Bet Solutions Plc