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Name | Symbol | Market | Type |
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Thames Water 26 | LSE:TES | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
RNS Number:9377Z TradingSports Exchange Systems PLC 21 June 2004 For Immediate Release Monday 21st June 2004 TRADINGSPORTS EXCHANGE SYSTEMS PLC APPOINTMENT OF CHIEF EXECUTIVE OFFICER TradingSports Exchange Systems plc ("TradingSports" or "the Company"), the AIM listed provider of "white label" person-to-person ("P2P") betting exchange systems, is pleased to announce that it has today strengthened its management team with the appointment of Roger Mitchell as Interim Chief Executive Officer of the Company. The appointment is with immediate effect, replacing Joe Tighe in the day-to-day management of the company. Mr Tighe has resigned as CEO and director of TradingSports to devote more time to business development as well as his other company and personal interests. Andrew Tottenham, Chairman of TradingSports, commented "Although Joe will not be able to give us the amount of time he would wish, we are very lucky that he has agreed to remain consultant to the company, and afford us his vision, passion and sector expertise. The Board wishes to thank Joe for that commitment, and all his work from the inception of TradingSports." Mr Mitchell, aged 40 and a qualified CA, was the inaugural Chief Executive Officer of the Scottish Premier League and held that post from 1998 to 2003. His personal and professional profile is well known and respected in the sports and entertainment industry around the world. Roger brings a tremendous skill and experience base to TradingSports from his past experience in M&A work for HSBC / James Capel Investment Banking to his post as CFO and COO of EMI Music in Milan Italy. Andrew Tottenham commented: "We are absolutely delighted at the prospect of working together with Roger to take TradingSports Exchange Systems to the next level in its development. His immense industry knowledge and personal abilities will significantly strengthen the management team and commercial profile of the TradingSports business to the benefit of the shareholders and our clients." Roger Mitchell, the newly appointed CEO of the Company commented: "Given the superb technology and sector experience held within TradingSports and the fantastic potential of the market, there is a glaring opportunity to drive significant shareholder value into this company. I look forward to the challenge and to playing a key role within TradingSports to help realise that goal among many others." For further information: TradingSports Exchange Systems plc Tel: 0141.586.3422 Roger Mitchell, Chief Executive Officer Background Information TradingSports, which floated on the London Stock Exchange's AIM in May 2003, enables its customers to enter the P2P betting market without the substantial investment of building, developing and maintaining their own P2P exchange systems. Aimed at the business-to-business market, TradingSports acts as an aggregator of liquidity from different sports betting companies, enabling them to benefit from TradingSports' global pool of P2P bettors. Save as disclosed below, there is nothing further to disclose in relation to the appointment under schedule two, paragraph (f) of the AIM Rules: Current directorships: Albachiara Limited Football Aid Limited Past directorships: Scottish Premier League Limited This information is provided by RNS The company news service from the London Stock Exchange END BOAGUUUUQUPCGMR
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