Winvia Entertainment PLC
18 August 2026
18 August 2026
Winvia Entertainment PLC
("Winvia Entertainment", the "Group" or the "Company")
Refinancing of Banking Facilities
Winvia Entertainment (AIM: WVIA), a technology-led entertainment business, focused on prize draw and online gaming, announces that it has entered into a new £33 million 3-year term loan agreement with Barclays Bank ("Barclays") which will replace its existing banking facility with Eurobank.
Alongside the term loan, Barclays is providing the Company with a £5 million revolving acquisition facility, with an uncommitted accordion option to increase this by up to a further £15 million.
The Board believes that the new banking facilities have been secured on attractive terms and will provide the Group with increased flexibility to deliver its stated growth strategy. The Company has a strong balance sheet and as at 30 June 2026, had a net cash balance of c.£31.8 million.
Simon Hay, Chief Financial Officer, commented:
"The refinancing with Barclays establishes a secure, long term capital structure with low leverage. Alongside our very healthy net cash position, the new facilities provide substantial funding capability to execute on our pipeline of consolidation opportunities within the fragmented UK prize draw sector."
Contacts:
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Winvia Entertainment |
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Mihai Manoila, Chief Executive Officer |
c/o Alma |
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Simon Hay, Chief Financial Officer |
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Shore Capital (Nominated Adviser & Broker) Patrick Castle / Tom Knibbs / Sophie Collins |
+44 (0) 20 7408 4090 |
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Alma Strategic Communications |
+44 (0) 20 3405 0205 |
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Rebecca Sanders-Hewett / Sam Modlin / Rose Docherty |
winvia@almastrategic.com |
About Winvia Entertainment
Winvia Entertainment plc (AIM: WVIA) is a technology-led entertainment business, focused on two discrete fast-growing channels, being the large and highly fragmented UK Prize Draw market and the regulated Romanian online gaming market. Underpinning both channels is the proprietary Technology Platform, which has a track-record of supporting growth and operational improvement.
Winvia Entertainment is the second largest (by market share) Prize Draw operator in the UK (London Economics report for the Department for Media, Culture and Sport, June 2025) where players play for a range of prizes including cars, luxury watches, holidays, gadgets, properties and other items. The Group currently owns three Prize Draw brands, Best of the Best, Click Competitions and the recently acquired Rev Comps.
The Group's Romanian Online Gaming business is well established growing, profitable and highly cash generative. The Group operates a multi-brand strategy including own brands, such as Princess Casino, Royal Slots and Luck, a number of white label brands and an expanding B2B business.
The Group's newly built innovative proprietary technology platform is a key strength of the business. It has been built in-house, with significant investment and its application to date has significantly improved key performance metrics.
The Group's near-term growth plans are primarily focused on the highly fragmented, fast-growing UK Prize Draw market in which there are strong organic growth opportunities in addition to a strong pipeline of potential acquisitions that can leverage the Technology Platform.
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