24 Aug 2016 07:05
24 August 2016
Sportech PLC ("Sportech")
Appointment of Non-Executive Director
Sportech is pleased to announce the appointment of Richard McGuire (49) to the Board as Non-Executive Director with immediate effect.
Richard has served shareholders' interests in a number of UK public and private companies as Non-Executive Director and in other senior management positions. Although spending most of his career within investment markets at leading global firms including HSBC, Salomon Brothers and Citigroup, he has in the last eight years rekindled his involvement in the racing, gaming and hospitality sectors.
Richard was Non-Executive Director at Mitchells and Butlers plc, one of the largest operators of restaurants, pubs and bars in the UK and Non-Executive Chairman of Timeweave plc, the joint owner of Turf TV, a dedicated TV channel providing horse racing TV pictures and data to Licensed Betting Offices (LBOs) in the UK and Ireland. Richard brings additional corporate and investment experience from his time as a Managing Director at Tavistock Group where he led a number of takeovers and private company acquisitions.
Roger Withers, Chairman of Sportech PLC, said:
"I am delighted to welcome Richard to the Board as a Non-Executive Director. His experience and business knowledge will be of considerable benefit to the Group."
Previous Board positions
Timeweave plc Non-Executive Chairman
Mitchells & Butlers plc Non-Executive Director
BPD Plc Non-Executive Chairman
DCD Media Plc Director
In accordance with the Listing Rules, there are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in relation to Mr McGuire's appointment.
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For further information, please contact:
Sportech PLC 020 7268 2400
Ian R Penrose, Chief Executive
Brunswick Group LLP 020 7404 5959
Mike Smith and Stuart Donnelly
sportech@brunswickgroup.com