Appointment of Non-Executive Director
Playtech Limited, (AIM:PTEC) the international software and content provider to the online and land-based gaming industry, is pleased to announce that it has appointed David Mathewson as an additional independent Non-Executive Director and chair of the audit committee.
Mr. Mathewson is a qualified chartered accountant and an experienced Non-Executive Director with significant experience in the banking and finance sectors and in the gaming industry.
He served on the board of Rodime Plc (renamed Sportech Plc following the acquisition of Littlewoods Pools) for thirteen years and was Chairman until 2006. He was previously a director of corporate finance at Noble Grossart Limited and a Non-Executive Director at Noble & Co Limited. Until May 2010, Mr. Mathewson was Senior Independent Director at Edinburgh UK Tracker Trust plc, where he served on the board for twelve years.
Commenting on the appointment Playtech's Chairman, Roger Withers, said:
"I am delighted to welcome David to the Board of Playtech. He brings considerable finance experience to the role of chair of our audit committee, together with an excellent understanding of the gaming industry and of the public markets."
For further information contact:
| Roger Withers, Chairman Playtech Ltd Ross Hawley, Investor Relations, Playtech Ltd c/o Pelham Bell Pottinger | Tel: +44 (0) 20 7861 3232 |
| Piers Coombs / Bruce Garrow Collins Stewart | Tel: +44 (0) 20 7523 8350 |
| Mumtaz Naseem Deutsche Bank | Tel: +44 (0) 20 7545 8000 |
| David Rydell / Olly Scott / Samantha Boston Pelham Bell Pottinger | Tel. +44 (0) 20 7861 3232 |
David Mathewson
David Mathewson was senior independent director at Edinburgh UK Tracker Trust plc from 2006 until May this year, and was a non-executive director of two start-up companies involved in online gaming software. He is a member of the advisory board at Silverstate Capital Advisors, a US private equity fund
Mr. Mathewson is a non-executive director at Robertson Group Limited, a private Scottish construction group, and formerly Chairman and Non-Executive Director of Asian Growth Properties Limited, AMZ Holdings plc and Sportech Plc.
In accordance with Rule 17 and Paragraph (g) of Schedule 2 of the AIM Rules for Companies, further information in relation to the appointments is set out below:
* Robertson Group Limited
* Robertson Homes Limited
China Kiosk Network Limited
Former directorships and/or partnerships (within the last five years):
* Edinburgh UK Tracker Trust plc
* Ifafa Tech Inc,
* GFED Games Ltd
GFED International Ltd
* Asian Growth Properties Ltd
* AMZ Holdings Plc
* Corsie Group PLC
* Talk 107 Edinburgh plc
* Sportech Plc
* Noble & Co Ltd
* Geared Opportunities Income Trust
Murray VCT plc
Details of administrations (etc):
* Corsie Group PLC
At the date of his appointment as a Director, Mr Mathewson did not own any ordinary shares in Playtech.
No further disclosures are required under Schedule 2(g) of the AIM Rules for Companies.
