Last checked at 12 Oct 2018 07:00
12 October 2018
Veltyco Group Plc
("Veltyco", the "Company" or the "Group")
Board changes
Veltyco (AIM:VLTY), the online marketing and operating company for the gaming industry, announces that its Chief Executive Officer, Melissa Blau, has taken the decision to step down from her role with the Company with immediate effect in order to focus on other business interests. The Board is grateful to Melissa for her contribution and wishes her well in the future.
With the departure of Ms. Blau, the Board, led by its Chairman, will be tasked to lead the Company strategy and development in the near to medium term. Further announcements on management structure will be made when appropriate.
As previously announced, the Board also confirms that it is seeking to appoint a further independent Non-executive Director in line with the continuing growth of the Company and a further announcement is expected to be made as appropriate.
Commenting on the Board changes, Gilles Ohana, Chairman of Veltyco, said: "We wish Melissa all the best in her future endeavours and, on behalf of the Board, I would like to thank her for her valuable contribution to the Group as CEO."
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Veltyco Group Plc +44 (0)1624 605 764
Gilles Ohana, Chairman
Marcel Noordeloos, Chief Financial Officer
Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494
James Harris / Richard Tulloch / James Dance
Whitman Howard Ltd (Broker) +44 (0)20 7659 1234
Nick Lovering / Christopher Furness
IFC Advisory (Financial PR & IR) +44 (0)20 3934 6630
Graham Herring / Miles Nolan / Zach Cohen
About Veltyco
Veltyco is a group of companies focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry as well as operating its own brands. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.
Website: www.veltyco.com