23 Nov 2010 15:32
23 November 2010
Sportech PLC
Resignation of Non-Executive Chairman
Sportech PLC announces the resignation of Piers Pottinger, the Company's non-executive Chairman with immediate effect. John Barnes will, as the senior independent non-executive director, take over as acting Chairman. A search is underway for a new Chairman and the appointment will be made as soon as possible.
Commenting on his departure Mr Pottinger said:
"Now the company has been successfully transformed into a truly international business, I feel it is time for me to move on and allow my successor to head up this exciting business, as it spreads its activities into over thirty countries. I have enjoyed my time with Sportech immensely and look forward to following its progress in the future. I know Ian Penrose and his executive team will continue to develop what has now become a world leader in its field".
Ian Penrose, Chief Executive, said
"We are grateful to Piers for his stewardship over the last four years and he leaves us with our very best wishes for the future."
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For further information, please contact:
Sportech PLC
John Barnes, Acting Chairman
Ian Penrose, Chief Executive Tel: 020 7268 2400
Investec Investment Banking
Patrick Robb Tel: 020 7597 5169