Pollard Banknote (PBL) ran 11% on the news that the National Lottery of Belgium had selected it as its gaming platform provider - signing a 12-year deal worth roughly $290M ($24M per year, or ~4%).

The deal builds on Pollard’s existing instant ticket relationship with the entity and supports growth in its international business, which management has highlighted as an important piece of its forward strategy...

… that if executed over the quarters to come, could bring PBL’s valuation closer to its long-term average.