Directorate Change
26 March 2004 - 8:11PM
UK Regulatory
RNS Number:9748W
TradingSports Exchange Systems PLC
26 March 2004
For Immediate Release Friday 26th March 2004
TRADINGSPORTS EXCHANGE SYSTEMS PLC
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
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 board with
the appointment of Mark Banwell MBE as Non-Executive Director of the Company.
The appointment is with immediate effect.
Mark, aged 40, has extensive experience in the financial industry with a strong
focus on technology, e-business, and gaming. Previously held positions include
Director of Technology Corporate Finance with Nomura International, Head of
e-business at Cazenove and Co., and Head of e-commerce at Nomura.
As a Major and Royal Engineer in the British Army, Mark was distinguished with
an MBE for services rendered in Northern Ireland.
Andrew Tottenham, the Chairman of the Company, commented;
"Marks extensive background in corporate finance and technology companies will
contribute to TradingSports' strategy of becoming a leading provider of online
betting exchanges."
Mark Banwell, the newly appointed non-executive Director, commented;
"I believe that the extensive technological capabilities of TradingSports
coupled with the inherent value of its contractual relationships, positions the
company perfectly to take advantage of the tremendous growth in the exchange
betting sector, and I look forward to playing an active role in driving the
business forward ."
For further information:
TradingSports Exchange Systems plc Tel: 020 8780 6000
Joe Tighe, Chief Executive Officer
Ken Mulvany, Director of Investor Relations
Buchanan Communications Tel: 020 7466 5000
Bobby Morse / James Strong
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.
The following additional information is provided in accordance with the AIM
Rules:
Current Directorships of Mark Banwell:
The Mark Banwell Partnership Limited
Harlequin Consolidated Holdings Limited
Past Directorships of Mark Banwell within the last 5 years:
zCapitalmarkets
There is nothing further to disclose in relation to Mark Banwells appointment
under schedule two, paragraph (f) of the AIMrules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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