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This announcement contains inside information

Sportech PLC

('Sportech' or the 'Company')

Appointment of Independent Non-Executive Director

Further to the announcement issued on 6 November 2017, Sportech is pleased to announce the appointment of Giles Vardey as an Independent Non-Executive Director of the Company with effect from 4 December 2017.

Giles Vardey has more than 35 years of business and boardroom experience, latterly in non-executive roles at public and private companies.

His executive career was in the financial services industry where his roles included Chief Executive of Greig Middleton and President and CEO of Fidelity Brokerage Services. For five years he was Director of Markets Development and Marketing at the London Stock Exchange prior to which he held senior investment banking positions at firms including Salomon Brothers, County NatWest and Swiss Bank Corporation. 

He has held non-executive positions at companies including Collins Stewart Hawkpoint plc, Plus Markets plc and London Capital Group Holdings plc. His gaming industry experience includes the role of Non-Executive Chairman of Trident Gaming Limited from 2005 to 2008, when the business was sold to Partygaming plc.

As required to be notified under Section 9.6.13 (1) to (6) of the Listing Rules, Mr Vardey was a director of Xtorp Limited at the time creditors' voluntary liquidation proceedings were initiated in 2001, and was a director of Brightview Limited within the 12 months preceding administration proceedings being initiated in 2003.

There are no other disclosures required under Section 9.6.13 (1) to (6) of the Listing Rules.

Richard McGuire, Non-Executive Chairman of Sportech, said: "We are delighted to welcome Giles to the Board. His extensive experience at a senior level in various public and private companies will undoubtedly be of great value to Sportech not least during the Formal Sale Process that we are currently undertaking. We look forward to his wise counsel and to the balance that he will bring to the Board."

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About Sportech

Sportech PLC, listed on the London Stock Exchange, provides and operates technology solutions for some of the world's best-known gaming companies, sports teams, horse and greyhound racetracks, as well as owning and operating its own gaming venues in Connecticut, USA and the Netherlands under exclusive licences.

The Group is a leading player in the global pari-mutuel betting technology sector focusing on highly regulated markets worldwide. It has more than 27,000 betting terminals deployed to over 400 clients across 37 countries including those in the USA, where it operates under 35 licences across 37 States and processes approximately US$12 billion of bets annually. It has invested over US$60 million in developing its technology services to clients and the successful expansion of its leading US gaming Venues in the last five years, resulting in its proprietary Quantum™ product being the most widely deployed pari-mutuel betting system globally.

Inside information and responsibility

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement this inside information is now considered to be in the public domain. The person responsible for this announcement on behalf of Sportech is Richard McGuire, Non-Executive Chairman.