Entain PLC Director Changes (2672K)

TIDMENT

RNS Number : 2672K

Entain PLC

31 December 2020

Entain plc

("Entain", the "Company")

Director Changes

Entain plc (LSE: ENT), the global sports-betting and gaming group, formerly known as GVC Holdings PLC, confirms that the appointment of Robert Hoskin, Entain's Chief Governance Officer, to the Company's board of directors will take effect from 1 January 2021. This follows the announcement on 22 October 2020 setting out his proposed appointment.

The Company also announces the departure of Jane Anscombe as Non-Executive Director, with effect from 31 December 2020, to pursue other opportunities. Jane joined the Board in June 2017 and has chaired the Remuneration Committee and served on the Nomination, CSR and Audit Committees. Jane's successor as Remuneration Committee Chair will be announced in due course.

Barry Gibson, Chairman of Entain, said: "As previously stated, Robert has made an outstanding contribution to Entain in his 15 years at the Group. He is responsible for regulation, legal and governance, all of which are central to our long-term growth plans to build a responsible and sustainable business of global scale and world class standard.

On behalf of the Board I would like to thank Jane for her significant contribution and commitment to Entain over the past three years. In particular I would like to recognise her hard work and engagement on the company's remuneration and strategic transition. Entain has become a stronger company and Jane has our thanks for her efforts."

About Robert Hoskin:

Robert Hoskin is a Chartered Company Secretary and has a law degree from University College London. Prior to joining a Group company in 2005, Robert headed up the Investment Company Secretariat at Aberdeen Asset Management. He has been instrumental to the Group's growth and development in that time, overseeing its corporate governance, legal and regulatory requirements across more than 20 countries in five continents.

There are no disclosures to be made in respect of Robert Hoskin under LR 9.6.13 of the Listing Rules . He owns 762 Entain ordinary shares of EUR0.01 each ("Shares") and has an interest in up to 371,870 Shares under the Company's Long Term Incentive Plan, with vesting dependent on continued employment and the satisfaction of performance conditions set by the Remuneration Committee and disclosed in the Company's annual directors' remuneration report.

In accordance with Entain's directors' remuneration policy, the Remuneration Committee agreed an annual basic salary of GBP400,000 for Robert Hoskin. In addition, he is entitled to participate in Entain's Long Term Incentive Plan and Annual & Deferred Bonus Plan up to a maximum of 250% and 200% of annual salary respectively, with awards for on-target performance at 125% and 100% respectively.

Enquiries:

 
Company Secretary                                                  Tel: +44 (0) 203 938 0000 investors@entaingroup.com 
 Emily Carey 
Investor Relations 
 Entain plc 
David Lloyd-Seed, Director of Investor Relations & External        Tel: +44 (0) 203 938 0000 investors@entaingroup.com 
Communications 
Media 
 Powerscourt 
Rob Greening / Elly Williamson                                     Tel: +44 (0) 20 7250 1446 
                                                                    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 bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of 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 also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.

   For more information see the Group's website:   www.entaingroup.com

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December 31, 2020 03:39 ET (08:39 GMT)

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