REG - Playtech PLC - Directorate Change

PlaytechAnnouncement

01/11/2022 07:17

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RNS Number : 8114E  Playtech PLC  01 November 2022

Playtech PLC

('Playtech' or the 'Company')

Directorate Change

Playtech plc today announces that the Company and Andrew Smith, Chief
Financial Officer, have mutually agreed that he will step down due to personal
reasons. Andrew has contributed significantly to Playtech's strategy and
helped guide the business through a period of substantial transformation. He
will step down from his role as Chief Financial Officer and as an Executive
Director on 28 November 2022.

Chris McGinnis will succeed Andrew as Chief Financial Officer and as an
Executive Director of the Company on 28 November 2022. Chris joined Playtech
in 2017 and is currently Deputy Chief Financial Officer and Director of
Investor Relations at Playtech.

Prior to joining Playtech, Chris was Head of Corporate Strategy at software
company Temenos. He started his career at Deloitte in Canada where he
qualified as a Chartered Professional Accountant (CPA). Chris then worked in
Equity Research for UBS in Canada and Bank of America Merrill Lynch in the UK.

There are no disclosures required under LR 9.6.13 in respect of Chris
McGinnis's appointment.

Brian Mattingley, Chairman of Playtech, commented:

"On behalf of the Board, I would like to thank Andy for the contribution he
has made to Playtech over the past seven years, and in particular since taking
over as CFO in 2017. Andy has played a crucial role at the Company, helping to
steer the business through the pandemic including delivering a record half
year performance in H1 2022, and leading the recent successful refinancing of
Playtech's external debt in light of the upcoming bond maturity. We wish him
all the best in his future endeavours.

"I am delighted that Chris will be joining the Board as CFO. In addition to
his deep knowledge of Playtech and the sector, he brings a strong set of
financial and strategic skills that will be invaluable as the Company looks to
deliver further growth. I am very much looking forward to continuing working
with him as we execute against our strategy in the coming years."

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

- ENDS -

 

For further information please contact:

 

 Playtech plc

 Mor Weizer, Chief Executive Office

 Chris McGinnis, Deputy CFO & Director of Investor Relations

 Headland (PR adviser to Playtech)

 Lucy Legh, Stephen Malthouse, Jack Gault +44 (0) 2038054822

 playtech@headlandconsultancy.com

 

About Playtech

 

Founded in 1999 and premium listed on the Main Market of the London Stock
Exchange, Playtech is a technology leader in the gambling and financial
trading industries with over 6,700 employees across 26 countries.

 

Playtech is the gambling industry's leading technology company delivering
business intelligence driven gambling software, services, content and platform
technology across the industry's most popular product verticals, including,
casino, live casino, sports betting, virtual sports, bingo and poker. It is
the pioneer of omni-channel gambling technology through its integrated
platform technology, Playtech ONE. Playtech ONE delivers data driven marketing
expertise, single wallet functionality, CRM and responsible gambling solutions
across one single platform across product verticals and across retail and
online.

 

Playtech partners with and invests in the leading brands in regulated and
newly regulated markets to deliver its data driven gambling technology across
the retail and online value chain. Playtech provides its technology on a B2B
basis to the industry's leading retail and online operators, land-based casino
groups and government sponsored entities such as lotteries. Playtech directly
owns and operates Snai, the leading sports betting and gaming brand across
online and retail in Italy.

 

 

 

 

 

 

 

 

 

 

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