Directorate Change
27 July 2004 - 2:14AM
UK Regulatory
RNS Number:2323B
TradingSports Exchange Systems PLC
26 July 2004
For Immediate Release Monday, 26 July 2004
TradingSports Exchange Systems plc
Resignation of Non Executive Director
The Board of TradingSports Exchange Systems plc ("TradingSports" or the
"Company") today announces that Mark Banwell will step down from the Board with
immediate effect.
Andrew Tottenham, the Company's Chairman, commented:
"On behalf of the Board, I would like to thank Mark for his contribution to
TradingSports, particularly over the past few months in helping the Company with
regards to the re-organisation of the business.
Mark Banwell commented:
"I believe that the consolidation of the business in Glasgow combined with the
strengthening of the senior management and the development of the new strategic
plan have been key in preparing the business to be able to support sustained
growth to become the premier provider of exchange systems. I wish the Board and
Management every success in the future."
For further information:
TradingSports Exchange Systems plc Tel: 0141 586 3422
Roger Mitchell, Chief Executive
Evolution Beeson Gregory Limited Tel: 020 7071 4300
Michael Brennan / Jeremy Ellis
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 and financial betting companies,
enabling them to benefit from TradingSports' global pool of P2P bettors.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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