Sivota PLC Appointment of CEO at Sivota's subsidiary, Apester (5368A)
September 26 2022 - 2:10AM
UK Regulatory
TIDMSIV
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
Si vota, 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
Alex Aylen - Head of Equities 8000
Vigo Consulting
Jeremy Garcia + 44 (0)20 7390 0230
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