Playtech PLC Directorate Change (2170W)

TIDMPTEC

RNS Number : 2170W

Playtech PLC

31 July 2018

Playtech PLC

Directorate Change

Playtech plc today announces that Paul Hewitt has given notice of his intention to step down from his role as Non-Executive Director from 1 August 2018, following three years with the Company, and will be joining Provident Financial plc as a Non-Executive Director from 31 July 2018.

Paul will stand down as chair of the Board's Risk & Compliance Committee on the same date. Independent Non-Executive Director Claire Milne will become Chair of the Risk & Compliance Committee following Paul's departure.

Alan Jackson, Playtech plc's Chairman, said:

"I would like to thank Paul on behalf of the Board and the Company. Over the last three years Paul's contribution has been of huge value to the Company during a period of strategic progress and diversification and we wish him every success in his future roles."

- ENDS -

For further information please contact:

 
 Playtech plc 
 
  James Newman, Head of Investor 
  Relations & Corporate Communications    [phone] 
 
 Headland (PR adviser to Playtech) 
 
  Lucy Legh, Stephen Malthouse            [phone] 
 
 

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries.

Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry's most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.

Playtech's partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry's leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. As of June 2018, through the acquisition of Snaitech, Playtech directly owns and operates the leading sports betting and gaming brand in online and retail in Italy, Snai. Snaitech operates a B2B2C model as a service provider, allowing franchisees to utilise the Playtech technology stack in the retail environment while operating the leading brand, Snai directly online as a B2C business.

Playtech's Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2C and B2B basis.

Playtech has in total c.5,800 employees across 17 countries and is headquartered in the Isle of Man.

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July 31, 2018 02:02 ET (06:02 GMT)