Sportech PLC Appointment of Chief Financial Officer (3955N)
May 08 2018 - 9:55AM
UK Regulatory
TIDMSPO
RNS Number : 3955N
Sportech PLC
08 May 2018
08 May 2018
Sportech PLC
('Sportech' or the 'Group' or the 'Company')
Appointment of Chief Financial Officer
Sportech, the international betting technology business, is
pleased to announce the appointment of Thomas Hearne to the Board
of Directors as Chief Financial Officer, ('CFO') with effect from
14 May 2018.
Tom has extensive prior experience in CFO and Director roles
with public companies, international firms, and start-ups in
sports-related digital media and technology, most recently as CFO
for theScore, Inc., a digital media spin-off from Score Media, Inc.
Tom, who qualified as a Chartered Accountant in Canada also holds
an MBA.
Commenting on the appointment, Andrew Gaughan, CEO said, "We are
pleased to have secured Tom's talent to the Group. His experience
in the fields of digital technology and sports media, and his long
track record of driving growth, increasing profitability, and
executing successful M&A transactions, perfectly aligns with
our commitment to deliver transparent financial reporting and
tangible growth for our shareholders."
Tom Hearne said, "I am very happy to be joining the Sportech
Group and I look forward to working closely with Andrew, the
Sportech Board, and Senior Management to deliver on core objectives
and maximise the potential of the Company's opportunities."
Aligning with the shift in senior management from the UK to
North America, Tom will be based in the Group's Toronto office
alongside Group CEO Andrew Gaughan.
Regulatory disclosures
Thomas Joseph Hearne, is not currently and has not at any time
in the previous five years been a director of any other publicly
quoted company. There is no further information required to be
disclosed pursuant to Listing Rule 9.6.13 R in relation to Mr.
Hearne.
Publication on website
A copy of this announcement is also available on the Group's
website at www.sportechplc.com.
Contacts:
Sportech PLC Tel: +44 (0) 20
7268 2400
Andrew Gaughan, Chief Executive
Officer
Peel Hunt Tel: +44 (0) 20
7418 8900
(Corporate Broker to Sportech)
Dan Webster / George Sellar
Buchanan Tel: +44 (0) 20
7466 5000
(Financial PR adviser to sportech@buchanan.uk.com
Sportech)
Henry Harrison-Topham / Mark
Court / Jamie Hooper
Notes to Editors:
About Sportech
Sportech PLC, listed on the London Stock Exchange, provides and
operates technology solutions for some of the world's best-known
gaming companies, sports teams, horse and greyhound racetracks, as
well as owning and operating its own gaming venues in Connecticut,
USA under exclusive licences.
The Group is the international betting technology business
focusing on highly regulated markets worldwide. It has more than
27,000 betting terminals deployed to over 400 clients, across 37
countries including those in the USA, where it operates under 35
licences, across 37 States and processes approximately US$12
billion of bets annually. The Group has invested over US$60 million
in developing its technology services to clients and the successful
expansion of its leading US gaming Venues in the last five years,
resulting in its proprietary Quantum(TM) product being the most
widely deployed pari-mutuel betting system globally.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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