Nektan PLC Directorate Change (9275I)
August 13 2019 - 11:41AM
UK Regulatory
TIDMNKTN
RNS Number : 9275I
Nektan PLC
13 August 2019
13 August 2019
NEKTAN PLC
("Nektan", the "Company" or the "Group")
Directorate change
Nektan plc (AIM: NKTN), the fast growing, award-winning
international gaming technology platform and services provider,
announces that Lucy Buckley, the Company's Chief Executive Officer,
has resigned with immediate effect. Lucy will remain available to
the Board for a period of time to enable a smooth transition to a
new leadership structure, for which the Board has commenced a
review. The Group expects to make a further announcement in due
course. Gary Shaw, Founder and Executive Director of Nektan, has
assumed the role of Interim CEO, in addition to his existing
responsibilities for international expansion.
"As part of the recent restructuring of the business, now is the
right moment for me to step away from the role of CEO. The business
has a solid foundation of proprietary technology and a fast-growing
B2B business that will help it capitalise on the many global
opportunities ahead" said Lucy Buckley.
Gary Shaw, Founder and Executive Director of Nektan, commented:
"On behalf of the Board, I would like to thank Lucy for her
stewardship during a period of industry change and challenges in
the UK market. The Company remains confident that its sales
pipeline has the scope to drive significant revenue growth in both
the B2C and B2B divisions."
ENDS
For further information on the Group, please contact:
Nektan
Gary Shaw, Executive Director +44 203 478 2648
Shore Capital (Nominated Adviser and Joint Broker)
Tom Griffiths / David Coaten +44 20 7408 4050
-----------------
Smaller Company Capital Limited (Joint Broker)
Rupert Williams / Jeremy Woodgate +44 20 3651 2911
-----------------
Further information on Nektan can be found on the Group's
website at www.nektan.com.
About Nektan:
Nektan is a fast growing, international gaming technology and
services provider, specialising in mobile casino. It licenses its
proprietary technology to leading operators, including BetVictor,
and provides end-to-end technology and white label casino services
for leading brands, including News International's The Sun
Play.
Nektan's full end-to-end technology platform, Evolve, enables
the management of the full customer experience and back-office
operations, allowing partners to focus on marketing the product to
their consumers.
The E-Lite platform is Nektan's B2B gaming content aggregator
and bonusing platform that delivers a wide range of premium content
from the world's leading game studios. It is an easily-integrated
add on module for operators, giving them an array of options and
flexibility on how they manage and distribute a breadth of premium
gaming content across their networks.
Nektan has a material stake in US-based interactive gaming
operator Rapid Games, which provides US land-based casinos with an
in-venue mobile gaming solution. It allows operators to add mobile
technology and content making products accessible to players across
both cabinets and mobile devices inside casinos.
Headquartered in Gibraltar, Nektan is regulated by the Gibraltar
Licensing Authority, the UK Gambling Commission and the Information
Commissioners Office. As a socially responsible license holder,
Nektan endeavours to deliver a safe, secure and robust player
gaming experience.
Nektan plc was admitted to the AIM market of the London Stock
Exchange in November 2014.
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END
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