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Winvia Targets £40 Million AIM Float to Fuel UK Prize-Draw M&A

The float would fund acquisitions to consolidate the fragmented UK prize-draw market.

Overview

  • Winvia confirmed an intention to list on London’s AIM, seeking about £40 million at a valuation expected to be around £200 million.
  • Proceeds are earmarked for buying smaller rivals to accelerate consolidation, with discussions already underway with several potential targets.
  • The group is operationally anchored by its Romanian online gaming unit, which delivers the majority of its earnings.
  • Winvia is the UK’s second-largest prize-draw operator, runs brands including BOTB, and is positioning itself to challenge market leader Omaze.
  • The planned listing contributes to a recent pickup in London IPO announcements, alongside float plans from Princes and Shawbrook.