APPOINTMENT OF CEO

Published by Nektan on 10/10/2018

Nektan plc (AIM: NKTN), the fast-growing international gaming technology platform and services provider, is pleased to announce that Lucy Buckley has been appointed to the Company and its Board as Chief Executive Officer. Lucy will join the Company and the Board on 3 December 2018.

Lucy has spent the past 8 years at Inspired Entertainment Inc, most recently as Vice President of its Interactive division which she set up and ran for the last 3 years with double digit year-on-year growth. Lucy has over a decade of gaming experience and has been recognised in Gaming Intelligence’s ‘Hot 50’ and in the Global Gaming Business ‘40 under 40’. She also holds an MBA from Cass Business School.

Following Lucy’s appointment, Gary Shaw will cease to be Interim Chief Executive Officer whilst continuing as an Executive Director. The Board wishes to thank Gary for his stewardship of the Company as Interim Chief Executive Officer, when Nektan has made significant progress in achieving its goal of becoming the global technology platform of choice for the provision of premium gaming content.

Gary Shaw, Interim Chief Executive Officer of Nektan, said:

“We are delighted that Lucy is joining Nektan when we are seeing considerable growth in the business. Lucy’s extensive international gaming experience is an excellent fit for the role as Nektan’s CEO.

Lucy will help to build on our most recent successes, as we continue to win new contracts and deliver additional revenue streams. I will remain very much involved in the business both as a shareholder and as an Executive Director. We very much look forward to welcoming Lucy to Nektan at this exciting time for the business.”

Lucy Buckley said:

“I’m excited to be joining Nektan at this pivotal point in the Company’s growth. Nektan’s player-focused technology and services have been proven in the European casino market, and the Company is making significant headway into new B2B revenue streams and additional markets. I look forward to working with the team to accelerate the next phase of growth, making Nektan a global leader in online and mobile gaming innovation.”

Regulatory disclosures (in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies

There are no disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM Rules in relation to Lucy Helen Buckley, aged 34.

FOR FURTHER INFORMATION ON THE GROUP, PLEASE CONTACT:

Nektan
Gary Shaw, Interim Chief Executive Officer
Patrick Sinclair, Chief Financial Officer
+44 20 3463 8735

Stockdale Securities Limited (Nominated Advisor and Joint Broker)
Tom Griffiths / Ed Thomas
+44 20 7601 6100

Smaller Company Capital Limited (Joint Broker)
Rupert Williams / Jeremy Woodgate
+44 20 3651 2911

Nominis Advisory (PR Adviser)
Angus Campbell
Email: angus@nominis.co
+44 7 881 625 098

Further information on Nektan can be found on the Group’s website at www.nektan.com.

ABOUT NEKTAN:

Nektan is an international B2B and white label gaming software and services provider, operating in the regulated, interactive real money gaming (RMG) space, delivering original and innovative solutions to commercial organisations that have established online audiences.

Nektan’s full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus on marketing the product to their consumers.

Nektan’s US operating subsidiary, provides US land-based casinos with in-venue mobile gaming solutions which allow operators to add mobile technology and content to their existing offerings, with products accessible to players across both cabinets and mobile devices inside the casinos. Respin has a strong intellectual property portfolio including game patents for Rapid Games™ (on-property mobile entertainment), and other captivating concepts and brands.

Nektan is headquartered in Gibraltar, regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market and maintains sales and customer support operations in Europe and North America. The proprietary Evolve technology is developed and maintained by a talented and experienced team of employees from Nektan’s Indian office.

Nektan plc was admitted to the AIM market of the London Stock Exchange in November 2014.