Ainsworth Game Technology Ltd
ABN 37 068 516 665
10 Holker Street Newington NSW Australia 2127
Tel: +61 2 9739 8000
Fax: +61 2 9737 9483www.agtslots.com.au
24 September 2018
ASX Release ASX Code: AGI
Ainsworth Game Technology Limited (AGT) - CEO Succession and Replacement Process
Ainsworth Game Technology (ASX:AGI, the "Company") today announced that Mr Danny Gladstone has advised the Company of his desire to step down from the role of Chief Executive Officer ("CEO") subsequent to 30 June 2019. A search process to identify a new CEO for appointment will be undertaken with Mr Gladstone to remain in the CEO role until a new appointment to ensure a smooth and orderly transition.
The Company further advised that following an appointment of a new CEO, Mr Gladstone will continue with AGT in a different role to utilise his extensive industry experience and expertise.
Mr Graeme Campbell, Chairman said, "While there will be a more appropriate time to formally thank Danny, I would like to state that he has been an excellent CEO for AGT. He has successfully driven significant international expansion and growth in recurring revenues".
Mr Campbell added "Ainsworth is much stronger for Danny's contribution. We are delighted he will continue to assist us in the future. A thorough and extensive search process will be undertaken to secure a new CEO who can lead AGT to the next stages of growth and profitability."
Ends
For further information please contact: Pegasus Advisory
Michael Brown
Email:mbrown@pegasusadvisory.com.au Mobile: 0400 248 080
Page 1 of 1