REG - Sivota PLC - Appointment of CEO at Sivota’s subsidiary, Apester

SivotaAnnouncement

26/09/2022 07:15

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RNS Number : 5368A  Sivota PLC  26 September 2022

26 September 2022

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SIVOTA PLC

("Sivota," or "the Company")

Appointment of Chief Executive Officer at Sivota's subsidiary - Apester

Sivota, the London listed investment vehicle focused on later-stage, Israeli
technology companies, is pleased to announce the appointment of Itay Gissin as
Chief Executive Officer at its subsidiary - Apester Limited ("Apester").

On 13 May the Company completed the acquisition of a majority stake in
Apester, an Israeli incorporated business which operates an innovative digital
experience software platform that enables brands, publishers and e-commerce to
create and distribute interactive digital experiences, in relation to a
potential transaction.

Since the acquisition, the Company is implementing a number of strategic and
operational changes within Apester. Such changes included the appointment of
new board members to Apester, the departure of the founders from their active
positions in Apester, and now appointing a new CEO to Apester.

The new appointed CEO Itay Gissin, is an experienced media and technology
executive. Itay held a number of senior Executive roles, including as the CEO
of Investing.com media company, the SVP of New Business at Webpals, the main
operating subsidiary of XLMedia PLC, as well as senior management positions in
few Israeli technology start-ups. His vast experience with scaling tech and
media businesses and driving sales and marketing for new businesses will help
to lead Apester to achieve its strategic goals.

Ziv Ben Barouch, Chief Executive Officer at Sivota, commented:

"We are delighted to welcome Itay to Apester and believe that, with his
significant experience in the media sector and proven business development
skills, he will lead Apester to execute its plan and capitalise on our growth
initiatives.

 Itay's extensive knowledge of the media sector makes him the ideal candidate
to lead Apester and we look forward to working with him."

For further information, please visit www.sivotacapital.com or contact:

 Sivota PLC                                 via Vigo Consulting

 Tim Weller, Non-Executive Chairman

 Ziv Ben-Barouch, Chief Executive Officer
 Canaccord Genuity Limited                  + 44 (0) 20 7523 8000

 Alex Aylen - Head of Equities
 Vigo Consulting                            + 44 (0)20 7390 0230

 Jeremy Garcia

 

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