The Board of JPJ Group plc announced that it has entered into a conditional agreement to acquire the business of Gamesys (Holdings) Limited ("Gamesys"), excluding sports brands and games, for a mixture of cash and new JPJ shares (the "Acquisition"). The Acquisition will enhance scale, creating a group which is strategically well positioned for future growth in an evolving global gaming sector. The combined JPJ and Gamesys businesses (together "the Enlarged Group"). Upon completion, Lee Fenton and Robeson Reeves shall be appointed to the board of the Enlarged Group. It is proposed that Mr. Fenton will be employed by JPJ as Chief Executive Officer and that Mr. Reeves will be employed as Chief Operating Officer. Simon Wykes will assume the role of Transition Director at Completion for a 12-month period from completion of the Acquisition. It is proposed that Lee Fenton (currently CEO of Gamesys) will become the Enlarged Group's CEO and Robeson Reeves (currently COO of Gamesys) will join as the Enlarged Group's COO. Neil Goulden and Keith Laslop will remain in their current roles.