RCA has received a preliminary offer to sell its 9.96 per cent stake in the betting-shop pictures and information provider.
The proposal, which is understood to have come from interests within the company, put a total value of 11.45 million on the shares.
When SIS was founded in 1986, the RCA paid a nominal sum of 2,000 for its members\’ stake.
“If an offer was made, we would be duty bound to put it to the members, and they would be free to decide whether to accept or not,” commented RCA Chief Executive Stephen Atkin.
Calculators
