Intuitive Investments Group plc Directorate Change

RNS Number : 7027M

Intuitive Investments Group plc

19 November 2024

 

19 November 2024

Intuitive Investments Group plc

 

("IIG" or the "Company")

 

Directorate change

 

Intuitive Investments Group plc (SFS: IIG) is pleased to announce the appointment of Richard Kilsby as independent non-executive director of the Company, with immediate effect.

 

Richard is a knowledgeable public company director with experience ranging from technology to financial services. Richard served as Deputy Chairman of the London Stock Exchange, an Independent Monitor for the US Securities and Exchange Commission and as an inspector for both the Bank of England and for the UK FCA. Richard's other positions have included CEO of Charterhouse Bank, Chairman of 888 Holdings PLC and non-executive director of Tullett Preborn, Impact Holdings Plc, Collins Stewart plc, and Deasil Cognitive. Prior to this, Richard was the PwC partner responsible for financial instrument audit, regulation, and supervision as joint lead in the Treasury Management Practice.

 

Sir Nigel Rudd commented: "On behalf of the Board, I am delighted to welcome Richard to Intuitive Investments Group. His extensive expertise will prove invaluable to IIG and our portfolio company, Hui10, as it executes against its mission to digitalise the Chinese lottery. I look forward to working with Richard as we continue to drive Hui10 forward on its path to delivering substantial revenue growth."

 

There are no further disclosures to be made in respect of paragraph 6.4.8R of the Financial Conduct Authority's Listing Rules.

 

Enquiries:

 

Intuitive Investments Group plc Sir Nigel Rudd, Non-Executive Chairman Robert Naylor, CEO Giles Willits, CIO	www.iigplc.com Via FTI Consulting
Zeus Nick Cowles / Graeme Summers / Dominic King	[phone]
FTI Consulting Jamie Ricketts / Valerija Cymbal / Jemima Gurney	[phone] [e-mail]

 

 

 

About Intuitive Investments Group plc

IIG is an investment company seeking to provide investors with exposure to a portfolio concentrating on fast growing, high potential Technology and Life Sciences businesses operating predominantly in the UK, continental Europe, the US and APAC, utilising the Board's experience to seek to generate capital growth over the long term for shareholders.

 

About Hui10

Hui10 is a technology company with interests in two operating businesses, Huishi Dehua and Huishi Chunyuan ('Lucky World'), involved in the digital transformation of the Chinese lottery. Huishi Dehua enables the market expansion of the Chinese lottery through its proprietary technology platform. Huishi Dehua is integrated into China's national card settlement system and payment platform, UnionPay. Hui10 holds a 33% share in Huishi Dehua. Lucky World is an ecommerce platform which provides China's existing lottery shops access to a wider fast-moving consumer goods product offering. Hui10 owns 60% of Lucky World.

 

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