Special Advisory: Supreme Ventures Limited (SVL)

November 4, 2019

Supreme Ventures Limited (SVL) has advised of the appointment of Mr. Nicholas Mouttet to its Board of Directors effective November 1, 2019.

SVL has also advised that Mr. W. David McConnell has been named as the new Chair of the Company’s Audit, Risk and Compliance Committee. This, consequent on the resignation of Board Director and Audit Committee Chair, Ansel Howell from the following companies: SVL, Prime Sports (Jamaica) Limited, Supreme Ventures Enterprise Inc., Supreme Ventures Guyana Holdings Inc. and PostToPost Betting Limited effective November 1, 2019.

Mr. Howell who has been a Director with the group since 2017 advised the Board that his decision to resign was in no way influenced or associated with any matter before the Committee but is due solely to personal reasons and commitments.

SVL has further advised that the Board of Directors of the Company on November 1, 2019, announced the streamlining of the group of companies in preparation for more aggressive expansion across the region. President & CEO Ann-Dawn Young Sang will spearhead the regional implementation, supported by heads of two new operational divisions in SVL’s wholly owned subsidiary Prime Sports (Jamaica) Limited- Gaming and Operations and Shared Services. The divisions will be headed by Xesus Johnston and Dennis Chung as Co-CEO’s of Prime Sports with responsibility for the two new divisions respectively.

For further information, please visit www.jamstockex.com

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