Sportech said that Nicola Rowlands, Chief Financial Officer (CFO), has advised the Board that, she is stepping down from her position, effective from 30 September 2022, to take up the position of Deputy CFO at DEPT®, a digital marketing services group.

The Board is considering its appropriate composition going forward and is looking to appoint a replacement in due course. Nicola will remain with the Company through the release of the interim results in September ensuring an orderly transition.

Richard McGuire, Executive Chairman, commented: “We are grateful to Nicola for her dedication, professionalism and support to the Group, specifically during the recent years when she played a pivotal role in the transactions and restructuring the business, resulting in the elimination of debt and returning significant capital to shareholders. She will leave here with our best wishes for her future career.”

Nicola Rowlands, Chief Financial Officer, commented: “I have been with Sportech for nearly twelve years and have thoroughly enjoyed my time at the company and am proud of what has been achieved by its management and employees. However, I believe it is time to move to the next stage of my career with DEPT®. I am confident that Sportech will continue to deliver value for shareholders and customers alike and I wish the Board and the team all the very best for the future.”