RNS Number : 5180A
B90 Holdings PLC
26 September 2022
For release: 26(th) September 2022
B90 Holdings plc
("B90", the "Company" or "Group")
Appointment of Independent Non-Executive Director
B90 Holdings plc (AIM: B90), the online marketing and operating
company for the gaming industry, is pleased to announce the
appointment of Nigel Eastwood as an Independent Non-Executive
Director with immediate effect.
Nigel has been involved with a host of successful digital
businesses, including ThinkShield Limited, a technology platform
with subsidiaries in Singapore, Vietnam, and India and D-Frame
Foundation, a blockchain based advertising platform established in
the Netherlands. Customer acquisition has been squarely within his
ambit, and the Group looks forward to benefitting from Nigel's
knowledge of driving online engagement.
Nigel has also worked closely with a large betting company, and
assisted that company with its entry into India, a key future
market for the Group. Also, of particular relevance to the Group,
Nigel has worked with payments businesses, not least having helped
a fintech unicorn digital bank to set up in the Indian market.
Nigel is a respected and regular speaker at leading tech
industry events such as the ET Digital India Economic and Financial
Challenges Summit and the Bloomberg TV panel discussion series,
Driving the Digital Transformation. He is also a regular
contributor to publications including the Economic Times,
Huffington Post, and Business Insider, and frequently appears on
Bloomberg, Times Now, NDTV and BBC World.
Nigel also brings extensive mergers and acquisitions experience
to the table, which will also benefit the Group as it looks to grow
further through acquisitions. This experience includes the
acquisition of Nimbuzz, an instant messaging platform which had a
user base of 150 million. As its founder, Nigel directed New Call
Telecom Limited to become a leading fixed line voice and broadband
telecommunications businesses in the UK before its successful sale
to a major UK incumbent. As the former Group Chief Executive
Officer of New Call Telecom Holdings BV, he directed it to become a
significant pan-Indian market leader before its sale in 2016.
Nigel has an advisory role within IndusBridge Capital Partners,
which advises a diversified client base of institutional and
Nigel holds an MBA in Strategic Management and Corporate
Reputation from Lancashire Business School.
With Nigel's assistance, B90 will continue to seek to identify
and recruit one or more additional independent Directors to further
enhance the Board's experience and expertise as B90 completes its
turnaround and pursues its growth strategy.
Karim Peer, Executive Chairman of B90, said:
"We have been working hard to strengthen our Board and are
delighted that Nigel has decided to join B90 as an Independent
Non-Executive Director. Nigel has been instrumental in the success
of various businesses over the last two decades, and has an
expansive knowledge of the digital environment and the use of
technology to attract new customers, which will complement the
gaming expertise already within the Group. His experience of
mergers and acquisitions will also help the Board execute its
strategy of expansion and we are certain that Nigel's knowledge and
expertise, including his focus on technology and his experience in
emerging markets, will be of great strategic value to B90."
In accordance with the AIM Rules, the following information is
disclosed in relation to Nigel Anthony Eastwood (aged 55):
Current Directorships/Partnerships Directorships/Partnerships held
within the past five years
Asia Pacific Health Technologies Newcall Telecom Private Limited
Criblife Lifestyle Management
Luxury Lovers Limited
ThinkShield India Private Limited
Vintage Hunters Private Limited
Yourkamaan Legal Solutions Private
Mr Eastwood currently has no interest in ordinary shares or
options in the Company.
Other than the information disclosed above, there is no further
information in respect of the above appointment required to be
disclosed under Schedule 2 paragraph (g) of the AIM Rules.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) no. 596/2014, as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018, as amended. On the publication of this announcement via a
Regulatory Information Service, this inside information is now
considered to be in the public domain.
For further information please contact:
B90 Holdings plc +44 (0)1624 605 764
Karim Peer, Executive Chairman
Marcel Noordeloos, Chief Financial Officer
Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409
James Harris / Richard Johnson / Rob Patrick
Arden Partners plc (Broker) +44 (0)20 7614 5900
Belvedere (Financial PR & IR) +44 (0)20 3008 6864
John West / Llewellyn Angus
About B90 Holdings plc
B90 Holdings plc is a group of companies focused on the
operation of its own online Sportsbook and Casino product as well
as marketing activities for other online gaming companies.
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(END) Dow Jones Newswires
September 26, 2022 02:01 ET (06:01 GMT)
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