Devil Fish Poker for Sale

Troubled Devilfish Gaming has plans to sell off Devil Fish Poker Limited.
 
Devilfish Gaming, the listed company co-founded by international poker star Dave "Devilfish" Ulliot has announced that it has inked a Heads of Agreement with an unidentified but unrelated third party to sell off the entire issued share capital and undertakings of wholly owned subsidiary and respected online gambling company Devil Fish Poker Limited.
 
A company statement revealed that the consideration for the sale will be around GBP330 000, such consideration to be satisfied by the payment of GBP40 000 in cash and the balance as issue of new ordinary shares in the acquiring company which is listed on the AIM Market of the London Stock Exchange.
 
A company spokesman stressed that the sale has not yet been completed and is subject to due diligence and legal process.