LONDON, 16 February, 2011 – Panmure Gordon & Co., a leading independent institutional stockbroker and investment bank, is pleased to announce its appointment as joint broker to Sportech plc with immediate effect.
With a presence in more than 30 countries, Sportech is one of the world’s largest suppliers and operators of parimutuel betting, focussing on UK soccer and US horseracing.
Executive Director in Panmure Gordon’s investment banking team, Andrew Burnett, commented: “We are delighted to welcome Sportech as a client. Our European gaming franchise has continued to grow, and now alongside Sportech, includes 888 Holdings, NetPlayTV and Sceptre Leisure.
“One of the key reasons gaming companies are choosing Panmure Gordon as their adviser is our sector experience. We have a top-three Extel-ranked sector analyst, Simon French, and investment banking and sales teams that are highly experienced in representing and supporting leisure and gaming companies,” he said.