UPDATE 1-Inspired Gaming gets bid approach, shares jump

Tue Jul 28, 2009 6:09am EDT

* Says gets very preliminary approach

* Shares rise as much as 67 pct (Adds details)

July 28 (Reuters) - British gaming software company Inspired Gaming Group Plc INGG.L said on Tuesday it received a "very preliminary" approach from a third party, sending its shares up as much as 67 percent.

"This preliminary approach may or may not lead to an offer being made for the company," Inspired Gaming said in a statement, responding to the recent rise in its share price. In April, the company had said it terminated all talks relating to a potential sale as it had not received any proposals that would deliver acceptable shareholder returns.

Inspired Gaming shares, which shot up to as much as 4.925 pence, were up 44 percent at 4.25 pence at 1007 GMT. (Reporting by Kumar Alagappan in Bangalore; Editing by Gopakumar Warrier)

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