REG - B90 Holdings PLC - Board Changes

B90 HoldingsAnnouncement

09/12/2021 07:00

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RNS Number : 0496V  B90 Holdings PLC  09 December 2021

For immediate release: 07.00, 9(th) December 2021

 

B90 Holdings plc

("B90", the "Company" or "Group")

 

Board Changes

 

B90 Holdings plc (AIM: B90), the online marketing and operating company for
the gaming industry, announces that Paul Duffen has taken the decision to now
stand down from his position as Executive Chairman.   Over the past three
years, Paul has helped effect the turnaround of the business and has led the
company through a challenging period and substantial change.  With the
Company now in a much stronger position and having helped develop a clear
strategy for the Company, Paul has decided to pursue other opportunities.

 

B90's current independent Non-Executive Director, Karim Peer, will become the
Company's new Non-Executive Chairman with immediate effect and the operational
team will report to him.   The Company intends to strengthen the Board
further over the coming months and subsequent announcements will be made as
appropriate.

 

Paul Duffen commented:

 

"Having spent the past three years working on repositioning, rebranding, and
reorganising the business I am confident that the Company is now in good shape
for the future.  I have therefore decided to leave the Company to pursue new
challenges.   The business is in good hands and I will remain available to
the Board over the coming months if needed.  I wish the team very well for
the future and am confident of their ability to deliver on the business plan."

 

Karim Peer, Non-Executive Chairman, added:

 

"On behalf of everyone associated with the Company, I would like to thank
Paul for the incredible work he has done over the past few years.   His
commitment and leadership have positioned the company well for the future and
I look forward to helping the team grow and develop the business further.  We
are now moving into a new phase of development and we plan to reset our focus,
whilst also building on the strong foundations laid by by Paul and the wider
team."

 

-ends-

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European (Withdrawal) Act 2018

 

For further information please contact:

 

B90 Holdings
plc                                                                       +44
(0) 1624 605 764

Karim Peer, Non-Executive Chairman

Marcel Noordeloos, Chief Financial Officer

 

Strand Hanson Limited (Nominated
Adviser)                      +44 (0) 20 7409 3494

James Harris / James Dance / Rob Patrick

 

Whitman Howard Ltd (Broker)

Nick Lovering

 

Belvedere (Financial PR &
IR)                                                  +44
(0) 20 3687 2754

John West / Llewellyn Angus

 

About B90 Holdings plc

B90 Holdings plc is a group of companies focused on the operation of its own
online Sportsbook and Casino product as well as marketing activities for other
online gaming companies.

 

Website: www.b90holdings.com (http://www.b90holdings.com)

 

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