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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Game Digital Plc | LSE:GMD | London | Ordinary Share | GB00BMP36W19 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 29.75 | 29.50 | 30.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGMD
RNS Number : 7783K
GAME Digital PLC
12 April 2018
GAME DIGITAL PLC
Directorate Change
12 April 2018
GAME Digital plc (the "Company") announces that it has been notified that Duodi Investments S.à r.l. ("Duodi") has disposed of its entire holding in the Company. Duodi is an investment vehicle that is ultimately wholly-owned by Elliott International, L.P. and (via a participation interest with Elliott International, L.P.) Elliott Associates, L.P. (collectively, "Elliott"). As a result, the relationship agreement entered into on 6 June 2014 between the Company, Duodi and Baker Partners LP (the "Relationship Agreement") has terminated, meaning that Duodi's right to appoint a board representative and board observer has fallen away.
Consequently, James Shinehouse (Duodi's current board representative) is stepping down as Non-Executive Director of the Company, with effect from 12 April 2018.
Martyn Gibbs, Chief Executive Officer of GAME Digital, said: "Elliott has been an engaged investor, and I would like to thank them for their support of GAME as we developed the operations and strategy of the business over the last six years. We have devised a strong growth strategy and are now well positioned to drive the transformation of our business, as we move from a seller of physical products to a provider of gaming experiences."
- Ends -
Enquiries:
GAME Digital plc +44 (0) 1256 784 000 Citigate Dewe Rogerson Jos Bieneman +44 (0) 207 282 2851 Michael Russell
About GAME Digital plc
Listed on the London Stock Exchange in June 2014, GAME Digital plc is dedicated to delivering an authoritative range of specialist gaming products and services to the gaming communities of the UK and Spain, providing more ways for gamers to enjoy more games and unique gaming experiences, more often. GAME's UK and Spanish retail businesses are the market leaders in those geographical areas, operating a total of over 570 stores across the two territories, a fully integrated omni-channel offer. Through its Esports & Events activities the Group is delivering unparalleled consumer gaming experiences directly, and on behalf of third parties, including its flagship event, Insomnia, the UK's largest gaming festival.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOALLFESSAIFLIT
(END) Dow Jones Newswires
April 12, 2018 11:00 ET (15:00 GMT)
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