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Description of business:
The Company, on admission, will be the holding company of 3 businesses developing products in the social gaming and real money gambling markets. The Proposed Directors were the management team behind Cashcade Limited, which included the award-winning Foxy Bingo, and was sold to Bwin.party in 2009, for an aggregate consideration of approximately 96 million. The Enlarged Group's principle businesses are: BingoGodz, an online bingo game playable for real money via mobile, tablet and desktop; due to be launched in the third quarter of 2013. BingoGodz's secondary brand is CastleJackpot, a web and mobile based casino product which is based on the same technology as BingoGodz; Bejig, a developer and operator of multiplayer online social real money games. Its first game, Avatingo, was launched on Facebook in August 2011 and has over two million players. New Facebook social gaming apps just launched include Five Star Slots, a virtual currency online casino; and AlchemyBet, a developer and operator of mobile slot and casino-themed real money gambling games. Its first brand, Pocket Fruity, was launched in May 2012 and currently has 17 proprietary games which undergo continuous development in order to keep players interested and maximise their lifetime value. The Proposed Directors include former Cashcade founders Michael Buckley (Executive Chairman), Patrick Southon (Chief Executive Officer) and Simon Collins (Executive Director) as well as Mark Segal (Finance Director). The Enlarged Group's non-executive directors are Jim Ryan, former Co-CEO of Bwin.party plc, and Mark Wilson, currently a strategic adviser to Sky International and previously with Television Games Network. The Company's main country of operation for real money gambling is the United Kingdom. Social Gaming does not have the same legislative restrictions and hence is available broadly worldwide. Admission is sought as a result of a reverse take-over under Rule 14 of the AIM Rules for Companies.

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Pursuit Dynamics PLC (the "Company") to be renamed Gaming Realms PLC on admission

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