Sportech PLC Appointment of Independent Non-Executive Director (0316K)
11 December 2018 - 6:01PM
UK Regulatory
TIDMSPO
RNS Number : 0316K
Sportech PLC
11 December 2018
For immediate release 11 December 2018
Sportech PLC
('Sportech' or the 'Company')
Appointment of Independent Non-Executive Director
Sportech PLC (LSE: SPO), the international betting technology
business, is pleased to announce the appointment of Christian
('Chris') Rigg as an Independent Non-Executive Director of the
Company with effect from 1 January 2019.
Chris has considerable business and boardroom experience,
latterly in executive roles at public and private companies. He has
previously held both non-executive and executive directorships at
quoted companies including Clinigen Group PLC ('Clinigen') and
Quantum Pharma PLC ('Quantum').
Chris qualified as a chartered accountant at PwC and then moved
to corporate finance at Deloitte for eight years. In 2009, he
joined energy efficiency company Eaga PLC ('Eaga'), first as Group
Corporate Finance Director, and subsequently as Divisional Managing
Director of the solar division. After Eaga's acquisition by
Carillion PLC in 2011, Chris joined Barclays PLC to head its North
East corporate banking division in the UK. Two years later, Chris
became Chief Executive Officer of Northern Recruitment Group
Limited ('NRG'), a national recruitment agency, where he worked at
until joining Quantum in November 2015. During his time at Quantum,
Chris held a number senior positions including Group Strategic
Director, Chief Financial Officer and Chief Executive Officer.
Under his stewardship at Quantum, Chris implemented a new strategy
which helped simplify and grow the business and led to the
acquisition of Quantum by Clinigen for an enterprise value of
GBP160 million.
Richard McGuire, Executive Chairman of Sportech, said: "We are
delighted to welcome Chris to the Board. His extensive experience
at a senior level within public and private companies will
undoubtedly be of great value to Sportech."
As required to be notified under Section 9.6.13 (1) to (6) of
the Listing Rules, Mr Rigg, when Chief Executive Officer of
Quantum, placed NuPharm Group Limited into administration as part
of a successful turnaround strategy to simplify the wider
business.
There are no other disclosures required under Section 9.6.13 (1)
to (6) of the Listing Rules.
The Board continues to assess further independent non-executive
candidates and anticipates making a further appointment in early
2019.
- Ends -
Contacts:
Sportech PLC Tel: +44 (0) 20 7268 2400
Richard McGuire, Executive Chairman
Giles Vardey, Non-Executive Director
Peel Hunt Tel: +44 (0) 20 7418 8900
(Corporate Broker to Sportech)
Dan Webster / George Sellar / Guy Pengelley
Buchanan Tel: +44 (0) 20 7466 5000
(Financial PR adviser to Sportech) sportech@buchanan.uk.com
Henry Harrison-Topham / Mark Court
/ Jamie Hooper
Notes to Editors:
About Sportech
Sportech PLC, the international betting technology business,
provides and operates betting technology solutions for some of the
world's best-known gaming companies, sports teams, and horse and
greyhound racetracks, as well as owning and operating its own
gaming venues in Connecticut under exclusive licences.
The Group focuses on highly regulated markets worldwide. It has
more than 27,000 betting terminals deployed to over 400 clients in
37 countries. Its global systems process nearly US$12 billion in
betting handle annually. In the US, it operates under 35 licences
across 37 states. The Group has invested over US$60 million in the
last five years in the successful expansion of its US gaming Venues
and in developing its technology services, resulting in its
proprietary Quantum(TM) System being the most widely deployed
pari-mutuel betting system globally.
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contact rns@lseg.com or visit www.rns.com.
END
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