REG - Guild Esports PLC - Guild re-enters Apex Legends

Guild EsportsAnnouncement

13/06/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240613:nRSM2293Sa&default-theme=true

RNS Number : 2293S  Guild Esports PLC  13 June 2024

Press Release

 

13 June 2024

 

Guild Esports PLC

 

("Guild Esports", "Guild", or "the Company")

 

Guild re-enters Apex Legends

 

Confirmed entry into the Esports World Cup Club Championship

 

Guild Esports PLC (LSE: GILD; OTCQB: GULDF), a global gaming-focused media
business, is pleased to announce its re-entry into Apex Legends, a
first-person, online multiplayer game published by Electronic Arts and
developed by Respawn Entertainment.

 

Guild's new Apex Legends team, which will compete under the Guild banner, has
competed together as 'Serenity' since November 2023. The team comprises
Australian professional players Benjamin "Jesko" Spaseski, Tyson "Buegy"
Crossman and Tom "Legacy" Canty, as well as team coach Winnie "tiltedwinnie"
Long. The team has been signed on a one-year contract.

 

The team recently qualified for the Esports World Cup (EWC) and will represent
the Company at the tournament, competing for a share of the $2m prize pool.
Guild previously competed in Apex Legends between October 2021 and June 2022
and has returned to the esport for the EWC.

 

Guild's new Apex Legends team secures the Company's place in the Esports World
Cup Club Championship ("the Club Championship"). The Club Championship is a
cross-game competition at the EWC, where the world's best esports
organisations will compete for a share of a $20 million team prize pool.

 

Alongside Apex Legends, Guild has qualified for the Esports World Cup in ESL
R1, a high-profile sim racing competition. Each esports team must qualify for
the EWC in at least two games to be eligible for the Club Championship, and as
such Guild has now met the requirement for entry.

 

The new roster will additionally represent the Company at major international
tournaments such as the Apex Legends Global Series (ALGS), which features
multiple stages such as online qualifiers, playoffs, and championships,
drawing top teams from around the world. Apex Legends has two annual majors
with a prize pool of $1m (each online qualifier has a prize pool of $125k) and
an end-of-year Global Series Final with a prize pool of $2m.

 

Apex Legends is a battle royale where teams of three compete to be the last
squad standing. In tournaments, points are typically awarded based on both
final placement and for each enemy defeated, with various rounds determining
the final standings. It is an immensely popular video game and esport, with 18
million active monthly players (source: Electronic Arts, 2024). The game's
popularity has led to a thriving esports scene, reaching a viewership record
of over 700,000 during the "Crazy Raccoon Cup" in 2023 (source: Esports
Charts, 2024).

 

Jasmine Skee, CEO of Guild Esports, commented: "The Esports World Cup promises
to be the biggest and most exciting esports event in history. We're delighted
to have joined the Club Championship and to be competing at the tournament for
a share of that $20m prize pool.

 

"Apex Legends is the perfect game to secure our entry into the Club
Championship. Our talent scouts have long been on the lookout for the perfect
team to bring us back to the esport. They've done a stellar job in finding
Legacy, Buegy and Jesko, who are some of the most exciting young players on
the Apex Legends scene. We'll be cheering them on as they take the Esports
World Cup by storm - we can't wait to see what they can do."

 

For further information please contact:

 Guild Esports
 Jasmine Skee                                               via Tancredi +44 207 887 7633

 Chief Executive
 Tennyson Securities
 Corporate Broker                                           +44 207 186 9030

 Peter Krens
 Tancredi Intelligent Communication

 Media Relations
 Helen Humphrey                                             +44 7449 226 720

 Charlie Hobbs                                              +44 7897 557 112

 guild@tancredigroup.com (mailto:guild@tancredigroup.com)

 

About Guild Esports:

 

Guild Esports PLC is a global gaming-focused media business that fields
professional players in gaming competitions under the Guild banner. Our
in-house training academy aims to attract and nurture the best esports talent,
and our goal is to provide the ultimate entertainment experience alongside a
distinctive lifestyle brand authentic to the esports community worldwide.
Guild is led by an experienced management team of entertainment sector and
esports veterans and co-owned by David Beckham. The Company is headquartered
in the UK and its shares are listed on the Main Market of the London Stock
Exchange (ticker: GILD) and on the OTCQB Venture Market in the United States
(ticker: GULDF). Please visit www.guildesports.com for more information.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDFLLLFZQLFBBZ