Together Gaming Solutions plc announces early redemption of its 5.9% unsecure callable bond

Together Gaming Solutions plc, the Malta-based iGaming platform provider, announced it will proceed with the early redemption of its outstanding 5.9% unsecured callable bonds on 22 July 2025. These bonds were originally issued in 2019 and scheduled to mature between 2024 and 2026.

An unsecured callable bond is a type of debt security that is not backed by specific collateral (unsecured) and may be redeemed by the issuer before maturity (callable).

In its announcement published via the Malta Stock Exchange, the company confirmed that today, 9th July 2025, is the last day the bonds will be traded on the official list. All bondholders have already been sent a formal notification regarding the redemption.

Bondholders whose names are registered by the close of business on 11th July 2025, will receive a full repayment of the principal amount invested, along with any accrued and unpaid interest up to the redemption date 22nd July 2025.

In its latest financial statement, the gaming company significantly improved its financial performance, cutting its losses before tax from just over €3 million in 2023 to €349,000 in 2024, reflecting significantly higher revenues and lower administrative and finance costs.

The improved performance was largely driven by enhanced product offerings arising from the acquisition of Together Gaming Solutions plc parent company Gameday Group by Sweden’s Cherry with Friends AB in January 2024.

The merger combined Gameday Group’s iGaming expertise with the extensive land-base resources of Cherry with Friends AB, enabling the launch of additional iGaming websites.