Nektan Plc
NKTN:LN
Overview
Company Profile
Nektan is a leading international gaming solutions and services provider. We serve the US and European markets, driving digital gaming transactions, through proprietary technologies that permit speed, flexibility and innovation.
Classification
Financials
Corporate
Board of Directors
GARY SHAW
INTERIM CEO AND EXECUTIVE DIRECTOR
Gary founded the business as a spin out from a joint venture with GTECH in 2011. He is an entrepreneur with a consistent track record of creating significant shareholder value. In 1994 he left Johnson Press PLC to start and self-fund Hughes Rae. Hughes Rae became one of the pioneers of internet application development across Europe working in the retail bank and pharmaceutical sectors, which he sold in 1999 to Morse PLC (at that point a FTSE 250 company). In 2000, Gary left Morse to join Victor Chandler establishing the casino and poker products. He contributed to setting up the world’s first poker network which launched in conjunction with Tribeca Tables, and also worked to establish the first European white label gaming business, launching white label deals with the Racing Post and Virgin Media. Gary left Victor Chandler in 2002 to establish his own gaming company, St Enodoc, which acquired the Gibraltar-based under performing assets of Gala Interactive. He led the recovery of the business, launching a series of gaming business ventures, including both the IPN Poker network with Boss Media, and in 2004 the IBN Bingo Network. St Enodoc became Europe’s largest end-to-end white label operator with 84 partners in 24 countries including Virgin Games, Yahoo, The Daily Mail and Sportingbet. Gary was the Executive Chairman when St Enodoc was acquired by GTECH-Lottomatica for $55 million in 2008. He remained with GTECH-Lottomatica working in the US, until forming Nektan.
JIM WILKINSON
NON-EXECUTIVE CHAIRMAN
Jim is Chief Financial Officer of Oxford Sciences Innovation plc, a company recently established to invest in companies transferring technology created from Oxford University’s research into commercial enterprises. Prior to this role he held the position of Chief Financial Officer of Lonrho Limited, an African facing conglomerate, from August 2013 until June 2015. He held the same position at Sportingbet Plc between 2008 and 2013, Johnson Service Group PLC between 2004 and 2007, and Informa Group PLC between 1997 and 2004. Apart from Lonrho all the companies were quoted on the London Stock Exchange. Jim is a qualified chartered accountant, having trained with Touche Ross where he worked for eight years.
SANDEEP REDDY
NON-EXECUTIVE DIRECTOR
Sandeep is the co-founder of Peepul Capital, an Indian private equity firm with approximately $700 million of investments. Prior to the launch of Peepul Capital in 2000, he had 10 years of experience in strategy consulting with PricewaterhouseCoopers LLP in San Francisco and with Andersen Consulting in London. He has been one of the early participants in the rapidly evolving Indian private equity industry having been active for over ten years. Sandeep takes overall responsibility in defining and executing Peepul Capital’s strategy. He is a Director of VTA, a substantial shareholder in the Company. He received a BS in Computer Science and Finance from Utah State University and an MBA from IMD, Switzerland.
PATRICK SINCLAIR
CHIEF FINANCIAL OFFICER
Patrick is a Chartered Accountant and most recently was CFO of Sweett Group, an AIM listed consultancy, which was acquired in 2016. Prior to Sweett Group Patrick was Head of Finance at Penna Consulting plc and had various finance roles at NCP and Danone. Patrick qualified with PricewaterhouseCoopers in 2001 where he worked for 4 years and has a degree in Business and French.
MANOJ BATRA
CHIEF TECHNICAL OFFICER
Overall 23 years of technology experience in various industry domains, including 13 years of gaming product and platform building experience for high profile gaming and lottery operators. Manoj joined Nektan from IGT where he worked as Director – Technology and MD for IGT India. Along with technical education in India, Manoj’s is an INSEAD (France and Singapore) Alumni.
SEAN RANDALL
CHIEF OF OPERATIONS
With 20+ years in the gaming industry, in companies such as Ladbrokes, GTech, Gala Interactive, Sean brings a wealth of experience to the Nektan team. As Operations Director in St. Minver, he was a key contributor in successfully growing the company to reach over 200 employees and 150+ partners when it was sold to GTech in 2008. Prior to this, he was the Operations Manager in Gala Interactive where he helped build the foundations of their Gibraltar business.