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RAS Technology Holdings Announces Leadership Transition with Retirement of Chair

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RAS Technology Holdings Announces Leadership Transition with Retirement of Chair

Elevate Your Investing Strategy:

RAS Technology Holdings Limited ( (AU:RTH) ) has shared an update.

RAS Technology Holdings Limited announced the retirement of Ms. Kate Carnell AO as Non-Executive Chair, effective July 18, 2025. Her departure comes as the company continues its strategic transition to a global wagering technology solutions provider. Under her leadership, RAS experienced significant revenue growth and expanded its international business, contributing to an increase in enterprise customers and recurring revenues. The Board has appointed Greg Nichols as interim Non-Executive Chair to ensure continuity until a permanent Chair is found. Nichols brings extensive experience in racing across international jurisdictions, which aligns with the company’s growth strategies.

The most recent analyst rating on (AU:RTH) stock is a Buy with a A$1.78 price target. To see the full list of analyst forecasts on RAS Technology Holdings Limited stock, see the AU:RTH Stock Forecast page.

More about RAS Technology Holdings Limited

Founded in 1999, RAS Technology Holdings Limited, known as Racing and Sports, is a prominent provider of integrated premium data and enhanced content for the global racing and wagering industries. The company serves both consumer and enterprise markets, with clients including major industry players such as Entain Group, Flutter Group, Tabcorp, and Bet365.

Average Trading Volume: 39,793

Technical Sentiment Signal: Sell

For a thorough assessment of RTH stock, go to TipRanks’ Stock Analysis page.

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