Ainsworth Game Technology has appointed Ryan Comstock as Chief Executive Officer with immediate effect, formalising his leadership after serving as Acting CEO since October 2025.
Comstock previously held the role of Chief Operating Officer from 2018 and has obtained the necessary gaming regulatory approvals through his prior positions. The Board said it reviewed his performance over the past six months and determined that his operational experience and strategic initiatives positioned him well to lead the business.
Under the terms of his employment, Comstock will receive a base salary of US$625,000 per annum. He is expected to participate in the 2026 Short-Term Incentive Plan, subject to foreign exchange adjustments and achievement of group financial performance targets.
His long-term incentive arrangements remain unchanged, including 400,000 cash-settled performance rights subject to service conditions and performance hurdles. The appointment has no fixed term and may be terminated by either party with six months’ notice.
The leadership confirmation follows the recent closure of Kjerulf David Hastings Ainsworth’s proportional off-market takeover offer, which ended on 27 April 2026. At close, his voting power stood at 8.24%. The offer sought to acquire 5.5% of each shareholder’s ordinary shares not already owned by him at AU$1.30 (US$0.94) per share, representing a premium to earlier bids.
According to the updated register, Novomatic AG continues to hold 226.96 million shares, or 67.39% of issued capital, maintaining its position as controlling shareholder. Ainsworth has 336.79 million fully paid ordinary shares on issue across 2,092 shareholders, with the top 20 investors accounting for 96.38% of total holdings.
Novomatic AG remains controlling shareholder with 67.39% of issued capital
