Playtech PLC Directorate Change (6424Z)

TIDMPTEC

RNS Number : 6424Z

Playtech PLC

17 May 2023

Playtech plc

('Playtech' or the 'Company')

Board Changes

Playtech plc (LSE: PTEC) is pleased to announce the appointment of Ruby Yam as an Independent Non-Executive Director with effect from 1 June 2023.

Ruby brings over 30 years of corporate and banking experience across industries including infrastructure, utilities, pharmaceuticals and racing. Following roles with Bank of America and Cathay International, Ruby spent several years working for the China Construction Bank Group in Hong Kong, where her last role was as General Manager and Head of Private Banking. Over the years, she has acquired strong expertise spanning corporate strategy, business development and marketing, as well as compliance and risk control. Most recently, Ruby held a senior role at the Hong Kong Jockey Club.

In addition, John Krumins has advised the Board that he wishes to step down from the Board. At the request of the Chairman, John has agreed to remain as a Non-Executive Director of the Company and Chairman of the Audit Committee until after the publication in September 2023 of the Group's interim results, ensuring a smooth transition to his successor as Chairman of the Audit Committee.

Brian Mattingley, Non-Executive Chairman, said:

"I am delighted that Ruby has agreed to join the Board. She has extensive experience at leading financial and investment groups, as well as bringing considerable knowledge of Asia built up over many years."

"On behalf of the Board, I'd like to express our thanks to John for his valuable contribution since being appointed in 2019. He has shown commitment and dedication during a period of significant change for the Company, which recently culminated in a record set of results. We wish him all the best in his future endeavours."

There are no further disclosures required under LR 9.6.13 in respect of Ruby Yam's appointment.

Further to John Krumins' notice that he intends to step down from Playtech's Board, it is deemed no longer necessary for John to retire and stand for re-election at the Company's Annual General Meeting to be held on 24 May 2023 and, accordingly, Resolution 8 at the AGM is no longer required and is therefore being withdrawn. The withdrawal of Resolution 8 does not otherwise affect the validity of the Notice of AGM, the proxy form or any proxy votes already submitted on other proposed Resolutions. The numbering of all other proposed Resolutions at the AGM will remain unchanged.

- ENDS -

For further information please contact:

 
 Playtech plc                                  +44 (0) 20 3805 4822 
 Sandeep Gandhi, Head of Investor Relations 
 Headland (PR adviser to Playtech)             +44 (0) 20 3805 4822 
 Lucy Legh, Jack Gault

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 industry with over 7,000 employees across 20 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 Snaitech, the leading sports betting and gaming company in online and retail in Italy.

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May 17, 2023 02:00 ET (06:00 GMT)

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