October 19, 2017
Issuing a governance statement, London-listed betting systems provider Sportech Plc has today announced that it is seeking a corporate sale of its entire enterprise. Its decision follows a comprehensive strategy review undertaken by Sportech governance with a view to maximising shareholder value. Launching its bidding process, Sportech informs that it has appointed London investment firm Canaccord Genuity as lead financial …
Read More »September 18, 2017
Sportech Plc has this morning informed that Chief Executive Ian Penrose and Chief Finance Officer Mickey Kalifa have both notified the board of their ‘intentions to resign’ from company leadership. The London-listed betting and racing systems provider informs that Penrose will maintain leadership of the company until 31 December assisting Sportech governance in its leadership transition. Kalifa’s CFO resignation is …
Read More »April 21, 2017
Updating the market this morning, London-listed racing technology and systems provider Sportech plc has confirmed that Roger Withers is set to retire as Chairman of the company and board on 24 May. A leisure and gambling expert who has held directorship positions at Playtech Plc and Arena Racing, Withers has led Sportech governance since 2011. Withers commented on his departure …
Read More »March 22, 2017
The governance of London-listed racing technology and systems provider Sportech Plc has confirmed that it has accepted a £20.9 million buyback of shares issued under a ‘tender offer’. Issuing a corporate update to investors, Sportech governance detailed that it will seek to purchase approximately 20.6 million shares under the offer at a price of 101.5 pence each. Sportech detailed that …
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