TIDMPTEC
RNS Number : 3274O
Playtech PLC
16 May 2018
Playtech plc (the "Company")
Results of Annual General Meeting
Playtech PLC announces that at its Annual General Meeting (AGM),
held today, 16 May 2018, resolutions set out in the Notice of
Annual General Meeting dated 12 April 2018, were duly passed by
shareholders by means of a poll vote, with the exception of the
Annual Report on Remuneration.
Disclosure under E.2.2 of the UK Corporate Governance Code (the
"Code")
Ahead of the AGM, Playtech conducted an in-depth shareholder
engagement programme in order to better understand shareholders'
objections to specific parts of the remuneration policy.
In what is a highly active and dynamic sector, Playtech's
Remuneration Committee has sought to balance the parameters of a
publicly listed company's remuneration policy with the need to
retain and incentivise its leadership team.
The Company has considered the reasons for the results of
today's meeting, reflected in the voting results regarding the
remuneration report and the re-election of John Jackson, the
Chairman of the Remuneration Committee and Alan Jackson, Chairman
of the Board, and will take these into account in the
implementation of its remuneration policy going forwards. Playtech
intends to review the composition of its Remuneration Committee and
discussions are also underway with potential candidates to join the
Board as a non-executive director.
Alan Jackson, Group Chairman, said: "We have listened to our
shareholders and we understand their concerns. We are committed to
working with shareholders to address the issues raised going
forward".
For information, the votes cast were as follows:
Resolutions For % Votes Against % Votes Total Vote
cast cast Votes Withheld
Cast
(excl.
Votes
Withheld)
------------------- ------------ -------- ------------ -------- ------------ ----------
1. Report
and accounts 230,164,829 99.14 2,002,357 0.86 232,167,186 649,645
------------------- ------------ -------- ------------ -------- ------------ ----------
2. Remuneration
Report 93,840,469 40.62 137,203,120 59.38 231,043,589 1,773,241
------------------- ------------ -------- ------------ -------- ------------ ----------
3. Reappoint
the auditors 230,488,566 99.00 2,327,666 1.00 232,816,232 598
------------------- ------------ -------- ------------ -------- ------------ ----------
4. Final Dividend 232,516,831 99.87 300,000 0.13 232,816,831 0
------------------- ------------ -------- ------------ -------- ------------ ----------
5. Re-Elect
Paul Hewitt 219,251,456 94.17 13,565,369 5.83 232,816,825 6
------------------- ------------ -------- ------------ -------- ------------ ----------
6. Re-Elect
John Jackson 132,808,224 57.04 100,008,600 42.96 232,816,824 6
------------------- ------------ -------- ------------ -------- ------------ ----------
7. Re-Elect
Claire Milne 217,974,487 93.62 14,842,338 6.38 232,816,825 6
------------------- ------------ -------- ------------ -------- ------------ ----------
8. Re-Elect
Andrew Thomas 217,134,372 93.26 15,682,453 6.74 232,816,825 6
------------------- ------------ -------- ------------ -------- ------------ ----------
9. Re-Elect
Alan Jackson 150,654,280 64.83 81,725,415 35.17 232,379,695 437,135
------------------- ------------ -------- ------------ -------- ------------ ----------
10. Re-Elect
Andrew Smith 232,085,076 99.69 731,749 0.31 232,816,825 6
------------------- ------------ -------- ------------ -------- ------------ ----------
11. Re-Elect
Mor Weizer 232,133,548 99.71 683,277 0.29 232,816,825 6
------------------- ------------ -------- ------------ -------- ------------ ----------
12. Authority
to allot shares 230,564,144 99.03 2,247,181 0.97 232,811,325 5,506
------------------- ------------ -------- ------------ -------- ------------ ----------
13. Disapply
pre-emption
rights 220,864,771 94.87 11,946,403 5.13 232,811,174 5,656
------------------- ------------ -------- ------------ -------- ------------ ----------
14. Purchase
own shares 231,979,986 99.69 715,635 0.31 232,695,621 121,209
------------------- ------------ -------- ------------ -------- ------------ ----------
At 16 May 2018, the issued share capital of the Company was
317,344,603 ordinary shares of no par value.
In accordance with Listing Rule 9.6.2, copies of the resolutions
12, 13 and 14 will be submitted to the National Storage Mechanism
and will be available for viewing at
www.morningstar.co.uk/uk/nsm
The proxy figures for the resolutions will also displayed on the
Company's corporate website -www.playtech.com
- Ends -
For further information, contact:
Playtech plc
Mor Weizer, Chief Executive
Officer
Andrew Smith, Chief Financial
Officer
c/o Headland
James Newman, Head of
Investor Relations &
Corporate Communications +44 (0)20 3805 4822
Headland Consultancy
Lucy Legh, Stephen Malthouse +44 (0)20 3805 4822
About Playtech
Founded in 1999 and premium listed on the Main Market of the
London Stock Exchange, Playtech is a market leader in the gambling
and financial trading industries.
Playtech is the gambling industry's leading software and
services supplier to many of the world's leading regulated online,
retail and mobile operators, land-based casino groups, government
sponsored entities such as lotteries and new entrants opening
operations in newly-regulated markets. Its business
intelligence-driven gambling software offering includes casino,
live casino, bingo, poker and sports betting.
It is the pioneer of omni-channel gambling which, through
Playtech ONE, offers operators and their customers a seamless,
anytime, anywhere experience across any product, any channel
(online, mobile, retail) and any device using a single account and
single wallet. It provides marketing expertise, sophisticated CRM
solutions and other services for operators seeking a full turnkey
solution. Playtech's Financials Division, named TradeTech Group,
operates both on a B2C and B2B basis.
Playtech has in total c.5,000 employees across 17 countries.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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