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CryptoLogic expands UK shareholder base

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Shares of the gaming software developer were up 3.91%, to a 52-week high, after they announced the placement of approximately 8% of the issued share capital to a number of prominent UK institutional investors.  Andrew and Mark Rivkin, founders and former CEO and COO of the company from inception to 2000, made the sale of 1.075 million shares at 12.50 pounds per share through the London Stock Exchange.

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