12 Jan 2016 07:00
12 January 2016
Nektan plc
("Nektan", the "Company" or the "Group")
Board Changes
Nektan plc ( AIM: NKTN.L) a leading international B2B mobile gaming content developer and platform provider, announces the resignation of David Gosen as Chief Executive Officer effective from the end of January 2016. Mr Gosen has decided to resign from the Board to explore new opportunities. Gary Shaw, currently Executive Chairman of Nektan, will assume the role of interim Chief Executive Officer whilst the Board of Nektan undertakes a search for a permanent replacement.
The Board of Nektan is pleased to announce that Jim Wilkinson, currently independent non-executive director, is to be appointed non-executive Chairman of the Company. Jim is Chief Financial Officer of Oxford Sciences Innovation plc, a company recently established to invest in companies transferring technology created from Oxford University's research into commercial enterprises. Prior to this, amongst other roles, he was Chief Financial Officer of Sportingbet Plc between 2008 and 2013.
Gary Shaw, Executive Chairman of Nektan, commented:
"We would like to thank David for the progress the business has made in the last 12 months, and its continuing growth is testament to the solid building blocks the Company established during his tenure. We wish David well for his future endeavours.
I am delighted that Jim Wilkinson has agreed to accept the role of non-executive Chairman. He is a highly valued member of the Board and we look forward to continuing to work with him in his new role as we take the Company into the next phase of its development and continue to deliver further strong growth."
For further information on the Group, please contact:
Nektan Gary Shaw | via Newgate below |
Zeus Capital Limited (Nominated Adviser & Broker) Nicholas How (Corporate Finance) Adam Pollock (Corporate Broking) |
Tel: +44 (0)20 3829 5577 |
Newgate (PR Adviser) James Benjamin Alex Shilov Lydia Thompson |
Tel: +44 (0)20 7680 6550 Em: nektan@newgatecomms.com |
Further information on Nektan can be found on the Company's website at www.nektan.com
About Nektan:
Nektan is a leading international B2B mobile gaming content developer and platform provider. The Group designs, builds and operates mobile games in the regulated, interactive real money gaming ("RMG") and freemium gaming space, delivering original and innovative content to large commercial organisations that have established online audiences.
Nektan's full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus solely on marketing the product to their consumers.
Nektan also operates a joint venture, Respin LLC, with Spin Games LLC that provides US land-based casinos with in-venue mobile technology and an innovative way of increasing revenue from end-of-life cabinets whilst providing players new and innovative content to play, which includes functionality on mobile devices.
Nektan is regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market, and has offices in Gibraltar, London and Las Vegas with Respin based in Reno, Nevada.