Playtech PLC

Board/Management Information • Oct 10, 2013

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RNS Number : 1555Q

Playtech PLC

10 October 2013

Playtech plc

("Playtech" or "the Company")

Directorate changes

Playtech plc (LSE: PTEC), the international designer, developer and licensor of software and services for the online, mobile and land-based gaming industry, announces that as previously indicated in its statement of 29 August 2013, Roger Withers has resigned as a director and retired from the Board of the Company.

Mr. Withers will be retained by the Company as an adviser on industry matters, until the end of September 2014.

Alan Jackson, previously the Senior Non-executive Director of the Company, has been appointed Non-executive Chairman with immediate effect. Mr. Jackson has been a member of the Playtech Board since 2006 and is an experienced Non-executive Director and Chairman. He is currently Chairman of The Restaurant Group plc and Deputy Chairman and Senior Non-executive Director of Redrow plc.

Playtech is also pleased to announce the appointment of Hilary Stewart-Jones as a Non-executive Director with immediate effect. She will chair the Board's Risk & Compliance Committee and Remuneration Committee and sit on the Audit Committee.

Ms. Stewart-Jones is a leading international expert in gaming law and has over 15 years' experience advising companies on gaming related issues. Ms. Stewart-Jones is a qualified solicitor and will be leaving the partnership of DLA Piper to take up her appointment but will remain a consultant with the firm.  Prior to joining DLA Piper, Ms. Stewart-Jones spent five years as in-house head of the gambling division at Ladbrokes plc, before joining Berwin Leighton Paisner LLP as a Partner in 2000.  

Alan Jackson, Non-executive Chairman of Playtech, commented: "On behalf of the Board and Playtech's shareholders, I thank Roger for his substantial contribution to the growth of the Company. Roger has been a highly valued member of the Board and instrumental to Playtech's significant success.

"I am also delighted to welcome Hilary as a Non-executive Director. She brings a wealth of gaming sector knowledge which will enable her to make a significant contribution to the Company and its future growth."

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For further information contact:

Playtech plc Mor Weizer, Chief Executive Officer Ron Hoffman, Chief Financial Officer c/o Bell Pottinger Adam Kay, Head of Investor Relations	+44 (0)20 7861 3232 +44 (0)1624 645954
Bell Pottinger David Rydell / Olly Scott / Guy Scarborough / Charlotte Offredi	+44 (0)20 7861 3232

Forward-looking statements

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances. Actual results may, and often do, differ materially from any forward-looking statements. Any forward-looking statements in this announcement reflect Playtech's view with respect to future events as at the date of this announcement. Save as required by law or by the Listing Rules of the UK Listing Authority, Playtech undertakes no obligation to publicly revise any forward-looking statements in this announcement following any change in its expectations or to reflect events or circumstances after the date of this announcement.

About Playtech

Playtech develops unified software platforms and content for the online and land-based gaming industry, together with providing a range of ancillary services such as marketing, hosting and CRM services.

The Group's capabilities enable the delivery of an integrated software or turnkey solution, with players accessing online, broadcast, mobile and server-based gaming terminals through a single account.

New licensees include existing online operators upgrading or diversifying their offering, land-based casino groups, government sponsored entities such as lotteries, and new entrants making their online gaming debut, particularly in newly-regulated markets.

Founded in 1999, Playtech is listed on the London Stock Exchange and has some 3,000 employees located in 12 countries. Its leading gaming applications include casino, bingo, sports betting, poker, live, mobile and social gaming, casual and fixed odds games.

www.playtech.com

This information is provided by RNS

The company news service from the London Stock Exchange

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