Sportech said that trading in the early months of 2020 started satisfactorily, however in recent days, trading has been impacted by postponement of global sporting events owing to the Covid-19 pandemic.

The company expects trading to continue to be materially impacted, however, it stopped short of providing a financial guidance.

Sportech had GBP11.0 million cash at the end of February and no debt. It expects a GBP3.5 million reduction in cash position based on a scenario of the severe curtailing of sporting events through to the end of June and then resumption of normal service thereafter.