Flutter Entertain — Board/Management Information 2016

Aug 24, 2016

National Storage Mechanism | Additional information

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RNS Number : 9579H

Paddy Power Betfair plc

24 August 2016

24 August 2016

Paddy Power Betfair plc ("the Company")

Directorate Change

Paddy Power Betfair plc announces that Stewart Kenny has decided to step down from his role as Non-Executive Director on the Board.

Stewart co-founded Paddy Power in 1988 and was Group Chief Executive until 2002 when he retired from his executive role. He was Chairman from 2002 to 2003 and has remained on the Board as a Non-Executive Director for the past 13 years.

Commenting on Stewart's decision to step down, Gary McGann, Chairman of Paddy Power Betfair says: "After 40 years in bookmaking and 28 years' involvement with this business, Stewart has an enviable record in the industry and leaves a great legacy. He was instrumental in creating a highly successful international business from a small domestically-focussed retail operation at inception. Stewart, more than anyone, positively influenced the culture of the business. He played a hugely supportive role in the merger of Paddy Power with Betfair. He is retiring after many years of enormous service to the Company and the industry. We wish him every success in the future and thank him for his incredible contribution to this business."

Ends

For reference:

Investor Relations: Paul Rushton +44 208 834 6139 / +353 1903 9105

Media: Billy Murphy, Drury Porter Novelli +353 87231 3085

This information is provided by RNS

The company news service from the London Stock Exchange

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