Tintra (TNT)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

245.00p
   
  • Change Today:
    -25.00p
  • 52 Week High: 305.00p
  • 52 Week Low: 35.00p
  • Currency: UK Pounds
  • Shares Issued: 13.37m
  • Volume: 106,745
  • Market Cap: £32.75m
  • Beta: 0.01

St James House forms blockchain lottery joint-venture

By Duncan Ferris

Date: Friday 02 Aug 2019

LONDON (ShareCast) - (Sharecast News) - St James House's shares jumped on Friday after it agreed to launch a blockchain-based lottery joint-venture with ZeU Crypto Networks Ltd.
St James House will hold a 45% share in the joint venture, while ZeU will have a 19.9% stake and its Canadian Securities-listed parent Georges Eco Mining Corp will hold a 19.9% stake, with outside shareholders owning the remaining 10%.

ZeU will take responsibility for all joint venture costs and will charge a service fee of no more than 90% of joint venture revenue.

Lottery numbers will be generated randomly and transparently using blockchain in a fair and transparent manner, a concept that the AIM traded company said may be expanded to other gaming and gambling related areas.

The lottery joint-venture will be incorporated in Malta with applications for the required regulatory approvals set to be made once the joint venture has suitably progressed.

Graeme Paton, chief executive of St James House, said: "The establishment of PPSB and the agreement to establish the JV is an exciting development for the group. Like many FinTech businesses, we have explored the potential to use blockchain-based systems in our product operations, and this JV is our first step, helping us build our expertise in the area, while leveraging our existing skills in lottery management."

St James House's shares were up 13.89% at 41.00p at 1257 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Tintra Market Data

Currency UK Pounds
Share Price 245.00p
Change Today -25.00p
% Change -9.26 %
52 Week High 305.00p
52 Week Low 35.00p
Volume 106,745
Shares Issued 13.37m
Market Cap £32.75m
Beta 0.01

Tintra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
99.90% above the market average99.90% above the market average99.90% above the market average99.90% above the market average99.90% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
45.79% above the market average45.79% above the market average45.79% above the market average45.79% above the market average45.79% above the market average
72.73% above the sector average72.73% above the sector average72.73% above the sector average72.73% above the sector average72.73% above the sector average

Tintra Dividends

No dividends found

Trades for 26-Jan-2022

Time Volume / Share Price
16:27 194 @ 240.60p
16:27 25 @ 242.40p
16:24 20 @ 253.00p
16:22 411 @ 244.78p
15:05 3,000 @ 254.00p

Tintra Key Personnel

CEO Richard Shearer
CFO Abdul Sajid

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