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The Company also announces that Ronny Breivik has been appointed CEO of B90 Ventures Ltd, the main operating subsidiary of the Group, and will take responsibility for all operational activities of this company. Ronny will initially be joining on a consultancy basis, with an initial appointment period running until the end of June 2021. The details of Ronny's continued role will be agreed before the end of June 2021.
His remuneration will be satisfied by the issue of an initial 280,000 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") ("Initial Fee Shares") followed by a further issue of 280,000 new Ordinary Shares to be made on 30 June 2021.
Ronny has worked in online gaming since 1997 and launched the first gaming portal in Norway. The world's largest online bookmaker at the time, Sportingbet plc, was Ronny's largest customer. Other customers included Unibet.com and William Hill.
In the early 2000s, Ronny was involved in a start-up, OddsAlive.com, which was subsequently sold to BetInternet in 2003. From 2004 until 2006 Ronny worked with Sportingbet.com again, while also taking on the role of Product Manager for Bet24.com, which was later sold to the Modern Times Group. While at Bet24.com, Ronny introduced live betting and online poker to that company's product portfolio, creating and honing a profitable business model for live betting and online poker.
From 2006 until 2011, Ronny was the CEO of M&B Poker Invest Ltd, which specialised in betting affiliation. During this time, Ronny co-founded and was one of the pioneers of the world's first 'rakeback' site, arguably disrupting the online poker world.
Since 2011, Ronny has been a director of Data Empire Holdings Limited and joint CEO of online venture oddsen.nu. oddsen.nu is now the largest sport betting affiliate in Norway, which Ronny is leaving to take up the role of CEO of B90 Ventures Ltd.
Rainer Lauffs will work with Ronny over the coming months to ensure an orderly handover.
Further to the Company's announcement on 17 March 2021, the Company is progressing the identification and appointment a new independent non-executive Director and will make an announcement in due course.
More big buys gone through something defo is coming that people are in the know !
It`s about time we saw some action here,
won`t really start motoring until this guy
Ronnie gets his hands on the tiller, seems
pretty clued up.
Chunky buys going through someone knows something is looming
The herd will be back here soon .. moving off no volume … is this gonna move fast
Mickey, emailed the company, got a reply
fairly swiftly, update shortly!
Any updates from Agm ?
AGM on the 4th June, MM`s dropping price
on low volume, can we expect a update on
4th?
Take off time soon
I think once people realise that the CLN`s
were held by insiders, and don`t look
as if they are in it for a quick buck, plus,
this guy Ronny Breivik looks like he knows
what he`s doing!
Wonder if the herd will be back here tomorrow ......
Looks like a few are taking a nibble, no big
dramas regarding the CLN`s, a decent RNS
and we should be off!
Didn`t exactly do the maths but there were
10TRI`s on the 9th, so I`m guessing a fair chunk,
what you`ve got to figure is, the guy that took a
wedge @14 is probably not a mug, would he have
done that without being assured the CLN`s weren`t
going to be dumpted on the market, I don`t think so.
I bought a few @14 last week, time will tell if I`m right!
How many were there - 70 million plus? How many converted?
How many were there - 70 million plus? How manyconverted?
Bucket load of CLN`S converted last week,
few days left to convert the rest, last week`s
conversion didn`t really affect the price that
much, Im guessing a fair few are already spoken
for, we`ll soon find out!
excellent buy chance for newbies GL