Australia's Ainsworth rises on naming former Novomatic boss as CEO

Ainsworth Game Technology

08/09/2021 05:27

** Shares of gaming machine maker Ainsworth Game Technology
Ltd  AGI.AX  rise as much as 5.5% to A$1.15, their highest since
July 19
    ** Co says Harald Neumann, who formerly headed Austria-based
gambling firm Novomatic, to take over as CEO from Oct. 1
 urn:newsml:reuters.com:*:nASN001MQV
    ** Neumann has been a director of AGI since Feb 2017
    ** Co says current CEO Lawrence Levy to step down on Sept.
10, without citing a reason
    ** Stock posts its biggest intra-day percentage gain since
July 27   
    ** AGI has more than doubled YTD, as of last close 
    

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))