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Winvia Entertainment PLC on Friday said it expects to IPO on AIM in early November, the latest development amid tentative signs of a revival in UK listings. The London-based technology-led entertainment business is focused on the large and ‘highly fragmented’ UK prize draw market, and the regulated Romanian online gaming market. It owns two prize draw brands, Best of the Best and Click Competitions. Winvia Entertainment said its success is underpinned by its proprietary technology platform, ‘built to outperform fragmented technology stacks and legacy systems prevalent within the industry.’ According to a schedule one on Friday, Winvia is targeting early next month for its AIM listing, but did not divulge details regarding the anticipated capital raise or its expected market capitalisation on admission. Late last month, Sky News reported that the prize draw operator, which is owned by billionaire Teddy Sagi is ‘considering a £200 million London flotation to raise capital for a string of acquisitions.’ On Friday, Winvia said the business ‘is well established, growing, profitable and highly cash generative.’ Friday’s filing detailed that Sagi currently has an 83% holding in the company, with Keyplay Holdings Ltd having 17%. Winvia said Keyplay is an entity through which the management team of the company hold their beneficial interest in shares. Winvia Entertainment is led by Chief Executive Mihai Manoila and Chief Financial Officer David Perry. Shore Capital has been appointed the firm’s nominated advisor and broker. These plans build on recent IPO activity in the UK, with consumer staples company Princes Group earlier this month stating its intention to float on the Main Market of the London Stock Exchange. Further, Cheshire, England-based seller of at-home beauty treatment technology Beauty Tech Group made its stock market debut in London in October. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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