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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Interactive Gam | LSE:IGH | London | Ordinary Share | GB0034347921 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3287G Interactive Gaming Holdings PLC 18 July 2006 Press release 18 July 2006 Interactive Gaming Holdings Plc ("IGH" or "the Group") Board Appointment Interactive Gaming Holdings Plc, the online sportsbetting and gaming operator, is pleased to announce the appointment of John Heaton to the Board as Chief Executive with immediate effect. John Heaton was Chief Executive of The Tote from 1996 to 2004. In this position, John was responsible for the whole of the Tote's operations, including pool betting both on and off the racecourse, 530 high street betting offices, a telephone betting service with 80,000 customers and a growing Internet business with 70,000 registered users. As Chief Executive of The Tote, John played a pivotal role in increasing turnover by 200% and doubling profits. John also has in-depth experience with media rights negotiations, brand development, regulation, customer service and betting systems. In light of the appointment of John Heaton as Chief Executive, Thomas Taule, the Company's current Chairman and Chief Executive, will be moving to the position of Executive Chairman. This role will enable Thomas Taule to focus his efforts on business development, mergers and acquisitions and increasing shareholder value. Commenting on the appointment, Thomas Taule, Chairman and Chief Executive of Interactive Gaming Holdings, said: "I am delighted to announce the appointment of John Heaton as Chief Executive of IGH. John possesses vast experience and is a well-respected leader within the gaming industry. This new structure will ensure that we can maximise efforts to grow the business and increase shareholder value while also ensuring the continued operational development of the Group." Commenting on his appointment, John Heaton said: "I am delighted to be joining IGH at a very exciting time in their development. They have two excellent brands in PremierBet and Heathorns and I am very impressed with their vision for the future." The following disclosures are being made under Schedule 2(g) of the AIM Rules: Current directorships and partnerships: The Betting and Gaming Consultancy Limited Previous directorships and partnerships held within the past five years: Tote Bookmakers Limited Tote Credit Limited Tote Direct Limited For further information: Interactive Gaming Holdings Plc Thomas Taule, Chairman and Chief Executive Tel: +44 (0) 20 7745 6273 tom@igh.com www.igh.com Media enquiries Abchurch Chris Lane / Franziska Bohnke Tel: +44 (0) 20 7398 7700 chris.lane@abchurch-group.com www.abchurch-group.com Notes to Editors Interactive Gaming Holdings plc is a leading online sports betting and casino operator listed on the AIM market of the London Stock Exchange. IGH provides its customers with a complete gaming experience offering seamless integration between traditional sports betting and its casino products. The Group's strategy is to enhance organic growth by focusing on selective value-enhancing acquisitions within the online sports betting and gaming sectors. In addition to IGH's existing customer base, the Company is actively pursuing, under revenue share agreements, white-label opportunities with significant brand names. To date, IGH has made two acquisitions, namely Heathorns, the world's oldest established bookmakers in March 2005, and PremierBet, a fixed odds bookmaker based in London, in August 2005. IGH does not accept wagers from any client within the US on the basis that the Group believes that to do is in contradiction with current US legislation. IGH is instead focusing on more stable and dependable markets in an effort to build sustainable value for its shareholders. Further information on Interactive Gaming Holdings can be found at www.igh.com This information is provided by RNS The company news service from the London Stock Exchange END BOABRGDRIDBGGLR
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