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SNAITECH SPA

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Snai : Resignation of two directors

05/30/2018 | 05:18pm EDT

Press Release

(Pursuant to Art. 114 par. 5 of Legislative Decree 58/1998)

Resignation of two Directors

Milan, 30 May 2018 - SNAITECH S.p.A. ("SNAITECH" or "Company" or "Issuer") informs that today - in connection with transaction relating to the acquisition from Playtech plc, through its subsidiary Playtech (Italy) S.p.A., of the shareholding equal to 70,561% of the share capital of the Company from the current shareholders Global Games S.p.A. and OI Games S.A. (as announced to the market on 12 April 2018 and with subsequent press releases dated 30 May 2018, the "Transaction") - received the resignation of the Directors (neither executive nor independent) Mr. Giorgio Drago and Mr. Roberto Maestroni.

The above resignations will be effective as of the date of completion of the Transaction, scheduled on 5 June 2018 (as per the press releases of 29 and 30 May 2018).

Furthermore, it should be noted that - as far as the Company is aware - none of the resigning Directors holds Snaitech shares.

For further information

Press Office and Investor Relations

Ad Hoc Communication Advisors

Press Office -ufficio.stampa@snaitech.it

Giorgio Zambeletti - Tel. 02.7606741 e-mail:giorgio.zambeletti@ahca.it

IR Team -investor.relations@snaitech.it

Demos Nicola - Cell. 335.1415583 e-mail:demos.nicola@ahca.it

All press releases issued by Snaitech S.p.A. pursuant to article 114 of D. Lgs. no. 58 of 24 February 1998 and the related implementation regulations are also available on the company's websitewww.snaitech.itand on storage system websitewww.emarketstorage.com.

Disclaimer

SNAITECH S.p.A. published this content on 30 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 May 2018 21:17:01 UTC


© Publicnow 2018
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