GAME DIGITAL PLC
13 October 2016
GAME Digital plc (the "Company" or "GAME Digital") today announces that Franck Tuil is stepping down as a non-executive director of its board of directors.
Franck has been a member of the GAME Digital board since May 2014, serving as the representative of Duodi Investments S.à r.l. ("Duodi"), in accordance with the terms of the relationship agreement entered into on 6 June 2014 between the Company, Duodi and Baker Partners LP (the "Relationship Agreement"). Duodi is the Company's major shareholder and is in turn an investment vehicle ultimately wholly-owned by Elliott International, L.P. and Elliott Associates, L.P. (the latter via a participation interest with Elliott International, L.P.)
Franck has been planning to step down from the GAME Digital board for some time in order to focus more fully on his role as a Senior Portfolio Manager at Elliott Advisors (UK) Limited and will leave the GAME Digital board today.
Martyn Gibbs, GAME Digital Chief Executive Officer, said: "Franck has been a highly valued colleague and key member of the GAME Digital board. I would like to personally thank him for all his support of the GAME management team in driving forward the operations and strategy of the business and for his wider contribution to the Group."
Franck Tuil said: "I have been fortunate to be a part of GAME Digital's ongoing transformation from a physical video games retailer into a multi-channel retailer with growing offerings in esports, live gaming and digital services. I look forward to seeing GAME Digital's continued progress."
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This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR").
This information is provided by RNS