DGAP-News: Media and Games Invest plc
/ Key word(s): Personnel
Media and Games Invest plc expands Board of Directors with the appointment of UK based investment professional, Elizabeth Para
03. Februar 2020 - At the Extraordinary General Meeting of Media and Games Invest plc ("MGI", ISIN:MT0000580101; Symbol: M8G) on January 31, 2020, the appointment of Elizabeth Para as a member of the Board of Directors was unanimously approved by the shareholders present.
Elizabeth Para has a 20+ years career in financial markets, with substantial experience in public and private debt as well as equity markets. She has worked in investment and client facing roles in both the banking and the investment management industry. Elizabeth holds a Master's degree in economics and is a Chartered Financial Analyst [CFA]. Elizabeth was one of the earliest investors in gamigo and is also an MGI shareholder. As a long time shareholder in both gamigo and MGI she has built up both a strong company specific and sector knowledge on the digital games and media sector.
"We are very happy to welcome Elizabeth at MGI. Elizabeth brings considerable experience, in particularly the Anglo-Saxon financial markets. With this experience she also brings an extensive and deep network of contacts in the institutional fund management industry as well amongst end investors in the UK and US - target markets for the IR strategy of MGI", said Remco Westermann, Chairman of the Board. "The focus of our capital market activities is currently mainly in the DACH region. Not least due to the recent acquisitions of Trion World (US, asset deal), WildTangent (US, asset deal) and Verve Wireless (US, asset deal), the majority of our customers and partners are located in English speaking countries. In order to broaden our investor base we want to extend our capital market activities into Anglo-Saxon markets, where investors have a strong affinity with the gaming and media/advertising sectors."
Regarding her appointment to the Board, Elizabeth Para said, "Remco Westermann and his leadership team have built a well-diversified business benefiting from economies of scale and a loyal customer base. They have established a strong track record for delivering profitable growth through meticulous execution of their buy and build consolidation strategy. I am extremely excited and very proud to be joining MGI's board as an Independent Director as we continue to build on this strong platform."
About Media and Games Invest plc:
03.02.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Media and Games Invest plc|
|St. Christopher Street 168|
|VLT 1467 Valletta|
|Phone:||+356 21 22 7553|
|Fax:||+356 21 22 7667|
|Listed:||Regulated Unofficial Market in Berlin, Frankfurt (Basic Board), Tradegate Exchange|
|EQS News ID:||966383|
|End of News||DGAP News Service|