REG - Entain PLC - Board Appointment

EntainAnnouncement

03/01/2024 07:15

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RNS Number : 4400Y  Entain PLC  03 January 2024

3 January 2024

Entain plc

("Entain" or "Group" or "Company")

Board Appointment

 

Entain plc (LSE: ENT), the global sports betting and gaming group, announces
the appointment of Ricky Sandler as a Non-Executive Director with immediate
effect.

Mr. Sandler is the founder, Chief Executive Officer and Chief Investment
Officer of Eminence Capital LP, a global investment management organisation.

Mr. Sandler will also become a member of the Company's People & Governance
and Capital Allocation committees.  As a member of the People and Governance
committee, Entain and Mr. Sandler will work together to identify an additional
Non-Executive Director mutually agreeable to Eminence and the company.

Barry Gibson, Chairman of Entain, said: "I am pleased to welcome Ricky to the
Board of Entain.  Ricky has a deep knowledge of our business and a firm
belief in the quality of our operations and substantial growth opportunities.
 We look forward to benefiting from his perspectives and expertise as we work
to drive value for all Entain shareholders."

Ricky Sandler said: "Entain is a robust business with market-leading brands, a
unique technology platform, and enviable positions in key geographies around
the world.  I look forward to working with my fellow directors to help Entain
achieve long-term success and create lasting value for its shareholders."

Corporate Governance Information

Under the provisions of the UK Corporate Governance Code, Mr. Sandler will not
be considered an independent Non-Executive Director.

In connection with his appointment, the Company, Eminence Capital and Mr.
Sandler have entered into a relationship agreement, including customary
governance, standstill and voting provisions.  A summary of the main terms of
the agreement is available at
www.entaingroup.com/about-entain/corporate-governance/ned-relationship-agreement/
(http://www.entaingroup.com/about-entain/corporate-governance/ned-relationship-agreement/)

 

Notification under Listing Rule 9.6.13

Mr. Sandler previously served as a Non-Executive Director of Ashland Inc.
(previously Ashland Global Holdings Inc.) between January 2020 and January
2023. There are no other details that need to be disclosed under paragraphs
9.6.13 (2) to (6) of the Listing Rules.

About Ricky Sandler

Mr. Sandler founded Eminence Capital in 1999. Today, Eminence is a USD6.5
billion global investment management organization investing client capital
across global financial markets.  As CEO and CIO of Eminence, Mr. Sandler is
responsible for setting the firm's strategic direction as well as directly
managing its 20+ person investment team and diversified investment portfolio.
 Prior to launching Eminence, Mr. Sandler was co-founder and co-general
partner of Fusion Capital Management, a firm that managed a long/short hedge
fund focused on global equity securities. Prior to that he was a research
analyst at Mark Asset Management, where he began his investing career in 1991.
 Mr. Sandler received a BBA in Accounting and Finance graduating with honours
from the University of Wisconsin.  Mr. Sandler developed and teaches a
capstone Finance course at Wisconsin, Applied Equity Markets Research and
launched Badgers in Finance; a professional and recruitment network for UW
students and alumni across financial services.  Mr. Sandler serves as an
advisor on the Investment Committee for the University of Wisconsin Foundation
and is a Chartered Financial Analyst.

 

Enquiries:

 Company Secretary - Entain plc
 James Morris                                                                secretary@entaingroup.com (mailto:secretary@entaingroup.com)
                   Investor Relations - Entain plc                           investors@entaingroup.com (mailto:investors@entaingroup.com)

                   David Lloyd-Seed, Chief IR & Communications Officer

                   Davina Hobbs, Head of Investor Relations

                   Aimee Remey, VP US Investor Relations

                   Callum Sims, IR Manager
                   Media - Entain plc                                        media@entaingroup.com (mailto:media@entaingroup.com)

                   Lisa Attenborough, Head of Corporate Communications

                   Jay Dossetter, Head of Corporate PR

                   Jodie Hitch, PR Manager
                   Powerscourt                                               Tel: +44 (0) 20 7250 1446

                   Rob Greening/Russ Lynch/Sam Austrums                      entain@powersco (mailto:entain@powerscourt-group.com) urt-group.com
                                                                             (mailto:entain@powerscourt-group.com)

 

About Entain plc

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest
sports betting and gaming groups, operating both online and in the retail
sector. The Group owns a comprehensive portfolio of established brands; Sports
brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands
include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and
PartyCasino. The Group owns proprietary technology across all its core product
verticals and in addition to its B2C operations provides services to a number
of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and
iGaming in the US. Entain provides the technology and capabilities which power
BetMGM as well as exclusive games and products, specially developed at its
in-house gaming studios. The Group is tax resident in the UK and is the only
global operator to exclusively operate in domestically regulated or regulating
markets operating in over 40 territories.

Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by
MSCI. The Group has set a science-based target, committing to be carbon net
zero by 2035 and through the Entain Foundation supports a variety of
initiatives, focusing on safer gambling, grassroots sport, diversity in
technology and community projects. For more information see the Group's
website: www.entaingroup.com (http://www.entaingroup.com)

 

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