Departing Director Statement

The following information is provided in accordance with Section 43 0(2B) of the Companies Act 2006.

As previously announced, Ian Hogg tendered his notice of resignation as COO, International Consumer Facing Division, to the Company on 4 March 2014 and resigned from the Sportech PLC Board on 23 September 2014.

He was subject to a 12 month contractual notice period. However, by agreement with the Company, his employment terminated on 31 December 2014 and he has foregone any payment in lieu of the remainder of his notice period.

From 23 September 2014 to 31 December 2014, Ian Hogg continued to receive his normal salary and contractual benefits.

He may be eligible for a bonus in respect of the 2014 financial year, but eligibility is subject to the Company, and Ian, meeting specific performance criteria and at the overall discretion of the Remuneration Committee.

Any bonus entitlement will not be decided until the next Remuneration Committee meeting in 2015 and, if and to the extent payable, will be paid on the normal bonus payment date.

Long-term incentive awards granted in 2011 have, where the relevant performance periods have completed and to the extent the relevant performance criteria has been met, vested at the normal vesting date and, pursuant to the same, Ian Hogg will receive 94,189 ordinary shares of 50p each in the Company in respect of awards that vested on 23 December 2014. Awards granted in 2012, 2013
and 2014 lapsed in full at cessation so no payments have or will be made.

No payments for loss of office have been made to Ian Hogg.

Full details of the remuneration payments made to Ian will be set out in the 2014 Directors’ Remuneration Report.

Departing Director Statement (PDF)