Directorate Change
07 April 2005 - 5:00PM
UK Regulatory
Gaming Corporation PLC
Gaming Corporation plc ("Gaming Corporation" or the "Company")
Board changes
Gaming Corporation is pleased to announce that it has appointed William Grimes
to the Board of Directors. William Grimes was formerly a senior executive of
London Clubs International plc ("London Clubs"), having joined in 1978. London
Clubs is a publicly quoted company on the London Stock Exchange.
William has over 35 years experience in the gaming industry. Between 1994 and
2002 William was a Director of London Clubs and Head of International
Development for London Clubs (Overseas) Limited. He was responsible for
identifying gaming opportunities outside the UK, establishing joint-venture
partnerships in over 20 countries and applying successfully for gaming licenses
in the UK and abroad. He was a Director of London Clubs' Mayfair casino (The
Casanova) and he managed the opening of several casinos both in the UK and
abroad.
The Company also announces that David Rogers and Charles Black are stepping down
as Directors.
David has served the Company as a non-executive Director since the initial
flotation and is retiring as a Director.
Charles has served the Company as a Director for 5 years and has decided to step
down to pursue his other business interests. The Board would like to thank
Charles for his dedicated service during which time he made a major contribution
to the Company.
Commenting on the Board appointment, Justin Drummond, Chief Executive said,
"William brings an unparalleled wealth of knowledge and experience drawn from
over 35 years in the Gaming Industry".
"The changes to the UK Gambling laws will create a significant opportunity and
competitive advantage for Gaming Corp's flagship casino.co.uk website and
William has the experience and contacts to ensure that we are well positioned to
capitalize on this".
William Grimes commented:
"At a time of unprecedented growth in gaming, with government and public
acceptance of alternative forms of wagering as legitimate leisure activities, I
believe that Gaming Corporation is ideally positioned to maximize future
opportunities and to comply with the future regulation of the industry. I am
delighted to be joining the Board at this exciting and challenging time."
Directorship Details
William Grimes, aged 59, currently holds and has held directorships, during the
five years preceding the date of this announcement as follows:
Current:
Starbets Limited - March 2003 to date
Lapis Properties (Pty) Limited - June 2000 to date
Past (within 5 years):
London Clubs (Overseas) Limited - February 1994 to December 2002
London Clubs (Europe) Limited - February 1995 to December 2002
London Clubs (Greece) Limited - October 1995 to November 1998
London Clubs (Benelux) Limited - December 2001 to January 2003
There are no further disclosures to be made in accordance with Rule 15 and
schedule two of the of the AIM Rules.
For further information please contact:
Gaming Corporation plc
Justin Drummond, Chief Executive, 020 7618 9000
Damion Greef, Communications Director, 07736 381 030
Trevor Phillips, Holborn PR, 020 7929 5599
Mark Ashurst. Canaccord Capital, 020 7518 2777
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