Directorate Change

RNS Number : 8489S

Playtech Limited

06 December 2012

 



Playtech Limited

('Playtech' or the 'Company')

Directorate Change

Playtech, (LSE: PTEC) the international designer, developer, licensor and provider of software and services for the online, mobile and land-based gaming industry, announces that further to its announcement on 30 August 2012, the Board of Directors of Playtech has accepted the resignation of David Mathewson as a director of the Company with effect from 31 December 2012 and agreed to appoint Ron Hoffman, currently Vice-President of Finance, as Group Finance Director with effect from that date.

Ron Hoffman, 36, is a qualified accountant and has worked in the Playtech finance team for over eight years before which he held a senior managerial position at Ernst & Young in Israel. There are no other details to be disclosed in respect of him pursuant to Listing Rule 9.6.13R. 

Commenting on the appointment, Playtech's Chairman, Roger Withers, said:

"I am delighted that Ron is joining the Playtech Board at this important time in the Company's development. He has considerable experience within Playtech's business and has been integral to all of the Group's successful acquisitions over the last few years and worked closely with David Mathewson. 

"On behalf of the Board, I would like to thank David for his important contribution to Playtech, in helping the Company through to raising capital and the move to the main market, and we wish him well in his future."

- Ends -

For further information contact:

Playtech Ltd Roger Withers, Chairman Mor Weizer, Chief Executive c/o Pelham Bell Pottinger	[phone]
Canaccord Genuity Piers Coombs / Bruce Garrow	[phone]
Pelham Bell Pottinger David Rydell / Olly Scott / Guy Scarborough	[phone]

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 plc and has some 2,000 employees located in development centres in five countries.  Its leading gaming applications include casino, poker, bingo, sports betting, live, mobile and social gaming, casual and fixed odds games.

www.playtech.com 

 

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