Nottinghamshire Police Investigation (4760Z)
14 Janvier 2011 - 9:32AM
UK Regulatory
TIDMTWL
RNS Number : 4760Z
Weather Lottery PLC (The)
14 January 2011
THE WEATHER LOTTERY PLC
Ticker: TWL
("The Weather Lottery", "TWL" or the "Company")
Alleged Fraud Against the Company
Dated: 14 January 2011
Nottinghamshire Police issued a press statement yesterday that
they have jointly charged Keith Milhench and Amie Pickersgill-Smith
with seven counts of fraud and four charges of theft from The
Weather Lottery. They will appear before Nottingham magistrates on
24 January 2011. Both individuals are former employees of the
Company and Mr. Milhench is a former director of the Company. The
charges relate to the alleged misappropriation of jackpot payments
to lottery winners between April 2008 and April 2010, when both
parties worked for the Company. The total value of the alleged
fraud and theft is GBP80,000.
The matter was referred to Nottinghamshire Police following an
investigation by the Gambling Commission. The Gambling Commission
License to operate as an External Lottery Manager (held by Prize
Provision Services Limited, a 100% owned subsidiary of the Company)
remains in place and was renewed in October 2010.
Nottinghamshire Police have confirmed that no one else connected
with the Company is suspected of any wrongdoing and that they are
satisfied that the alleged victims have been identified.
Any further developments will be notified to the market without
delay.
ENDS
For further information contact:
The Weather Lottery PLC
Ross White 01777 818036
Website www.theweatherlottery.com
Religare Capital Markets (Nomad) 020 7444 0800
Nick Harriss
SVS Securities (Broker) 020 7638 5600
Ian Callaway/Alex Mattey
This information is provided by RNS
The company news service from the London Stock Exchange
END
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