30 Oct 2018 07:00
For immediate release | 30 October 2018 |
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SPORTECH PLC
('Sportech', the 'Company' or the 'Group')
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Directorate Change
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Sportech, the international betting technology business, announces that Richard Cooper has decided to resign from his position as a Non-Executive Director of the Company with effect from 31 October 2018.
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Richard McGuire, Chairman of Sportech, commented: "On behalf of the Board and shareholders, I would like to thank Richard for his valued contributions and support to the Group and we wish him continued success as he explores new opportunities."
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Richard Cooper added: "The role at Sportech has been more involved than was anticipated when I was invited to join the Board in May 2017, and I am unable to dedicate the time which is probably now required. I wish the business well as its prepares to benefit from the increasing North American focus since the repeal of PASPA and other gaming opportunities available to the Group."
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The Group has initiated a process to recruit a successor and will provide an update in due course.
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Publication on website
A copy of this announcement is also available on the Group's website at www.sportechplc.com.
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- Ends -
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Contacts:
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Sportech PLC | Tel: +44 (0) 20 7268 2400 |
Richard McGuire, Non-Executive Chairman | |
Peel Hunt | Tel: +44 (0) 20 7418 8900 |
(Corporate Broker to Sportech) Dan Webster / George Sellar | |
Buchanan | Tel: +44 (0) 20 7466 5000 |
(Financial PR adviser to Sportech) Henry Harrison-Topham / Mark Court / Jamie Hooper | sportech@buchanan.uk.com |
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Notes to Editors
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About Sportech
Sportech PLC, the international betting technology business, provides and operates betting technology solutions for some of the world's best-known gaming companies, sports teams, and horse and greyhound racetracks, as well as owning and operating its own gaming venues in Connecticut under exclusive licences.
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The Group focuses on highly regulated markets worldwide. It has more than 27,000 betting terminals deployed to over 400 clients in 37 countries. Its global systems process nearly US$12 billion in betting handle annually. In the US, it operates under 35 licences across 37 states. The Group has invested over US$60 million in the last five years in the successful expansion of its US gaming Venues and in developing its technology services, resulting in its proprietary Quantum™ System being the most widely deployed pari-mutuel betting system globally.
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