Playtech Plc has delivered on its strategy to simplify the company and focus on ‘core B2B’ growth by divesting its final non-core business asset ahead of a critical second half of 2021. This morning, Playtech confirmed that it had reached definitive terms to sell financial trading division Finalto to Barinboim Group – a private consortium led by Leumi Partners and Menora …
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Playtech Plc has announced Brian Mattingley as its new company chairman, bringing its near two year search for a successor to Alan Jackson to a close. Mattingley, who is in the final days of his 15 year tenure as Executive Chairman of 888 Holdings, has agreed to join FTSE250 Playtech. Mattingley is due to leave 888 this May, having announced …
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Playtech Plc faces a shareholder revolt with regards to how the company handled succession duties following the departure of Alan Jackson as Non-Executive Chairman last year. The Times reported that shareholders of the FTSE250 technology group are unhappy that Playtech’s board suspended its executive search for Jackson’s replacement last May – a move that saw Claire Milne extend her role …
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Playtech Plc corporate performance remains in-line with expectations despite its business units trading in unprecedented circumstances. Playtech explained that its performance is currently tracking better than the company had anticipated in publishing its mid-March COVID-19 update. Publishing a snapshot of key metrics, Playtech detailed a ‘strong Q1 2020 period’, in which the FTSE technology group delivered an adjusted EBITDA of …
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Playtech Plc has confirmed the appointment of Claire Milne as Interim Company Chair, succeeding Alan Jackson who chose to end his seven-year tenure as Chairman of the FTSE250 technology group at the start of the year. Assessing market dynamics interrupted by the global COVID-19 pandemic, Playtech detailed that it has chosen to delay its executive search for a new permanent …
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FTSE250 gambling technology group Playtech Plc has confirmed the departure of Paul Hewitt as a corporate non-executive director. A veteran in corporate financing Hewitt joined the FTSE enterprise in 2015, advising Playtech governance and leadership on capital structures, large-scale growth planning and M&A strategies. Hewitt is set to join the board of UK consumer finance and insurance group Provident Financial …
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FTSE-listed gambling technology provider Playtech has strengthened its corporate advisory by confirming Claire Milne as an Independent Non-Executive Director. Milne a gambling and technology legal expert will advise the Playtech board on regulatory compliance as the firm seeks expand its services within new and related sectors. Milne currently serves as a Senior Partner for Isle of Man law firm Appleby, …
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