Playtech
plc
("Playtech" or the
"Company")
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them in accordance with the Market Abuse
Regulations.
2 October 2024
Further to the Company's Directors'
Remuneration Report for the 2023 financial year which detailed the
deferral of the settlement of 50% of the Executive Directors'
annual bonus in respect of the 2023 year pending resolution of the
ongoing litigation with Caliplay, and further to the announcement
on 16 September 2024 about the revised terms of the strategic
agreement with Caliplay, the Company confirms that the relevant
annual bonus amounts have now been settled.
As such, and in accordance with the
requirements of the Company's remuneration policy under which one
third of the annual bonus must be deferred into shares for two
years, Playtech has been notified of the following dealings in its
ordinary shares by Directors/PDMRs of the Company:
· On 30
September 2024, Mor
Weizer, Chief Executive Officer, purchased 36,000 ordinary shares
in the Company at a price of £7.503594 per share; and
· On 30
September 2024, Chris
McGinnis, Chief Financial Officer, purchased 14,284 ordinary shares
in the Company at a price of £7.49 per share.
The Company makes the below
announcements and notifications in accordance with the requirements
of the UK Market Abuse Regulation.
Notifications and public disclosure
of transactions by persons discharging managerial responsibilities
and persons closely associated with them:
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Mor Weizer
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive Officer
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Playtech plc
|
b)
|
LEI
|
21380068TTB6Z9ZEU548
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of Playtech plc of
no par value
ISIN Code: IM00B7S9G985
|
b)
|
Nature of the transaction
|
Acquisition of shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£7.503594
|
36,000
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
36,000
£270,129
|
e)
|
Date of the transaction
|
30 September 2024
|
f)
|
Place of the transaction
|
London Stock Exchange, main market
(XLON)
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Chris McGinnis
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Financial Officer
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Playtech plc
|
b)
|
LEI
|
21380068TTB6Z9ZEU548
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of Playtech plc of
no par value
ISIN Code: IM00B7S9G985
|
b)
|
Nature of the transaction
|
Acquisition of shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£7.49
|
14,284
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
14,284
£106,987
|
e)
|
Date of the transaction
|
30 September 2024
|
f)
|
Place of the transaction
|
London Stock Exchange, main market
(XLON)
|
Playtech plc has also been notified
of the following dealings in its ordinary shares, details as
follows:
On 30 September 2024 and 1 October
2024, in accordance with the provisions of the Playtech Long Term
Incentive Plan 2012, Fabio Schiavolin, Chief Executive Officer of
Snaitech, exercised options over, and subsequently sold, 24,135
ordinary shares in the Company.
The notification for Fabio
Schiavolin can be found below. This announcement is made in
accordance with the requirements of the UK Market Abuse
Regulation.
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
a)
|
Name
|
Fabio Schiavolin
|
2
|
Reason for Notification
|
a)
|
Position/status
|
Chief Executive Officer of
Snaitech
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
a)
|
Name
|
Playtech plc
|
b)
|
LEI
|
21380068TTB6Z9ZEU548
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary Shares of Playtech plc of
no par value
IM00B7S9G985
|
b)
|
Nature of the transaction
|
Exercise of nil cost options under
the provisions of the Playtech Long Term Incentive Plan 2012 and
sale of shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£7.52
|
15,000
|
£7.511155
|
9,135
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
24,135
£181,414.40
|
e)
|
Date of the transaction
|
30 September 2024 and 1 October
2024
|
f)
|
Place of the transaction
|
London Stock Exchange, main market
(XLON)
|
- ENDS -
For further information please contact:
Playtech plc
|
+44 (0) 20 3805 4822
|
Sandeep Gandhi, Head of Investor
Relations
|
|
Headland (PR adviser to Playtech)
|
+44 (0) 20 3805 4822
|
Lucy Legh, Jack Gault
|
|
About Playtech
Founded in 1999 and with a listing
in the equity shares (commercial companies) category on the Main
Market of the London Stock Exchange, Playtech is a technology
leader in the gambling industry with over 7,900 employees across 20
countries.
Playtech is the gambling industry's
leading technology company delivering business intelligence driven
gambling software, services, content and platform technology across
the industry's most popular product verticals, including, casino,
live casino, sports betting, virtual sports, bingo and poker. It is
the pioneer of omni-channel gambling technology through its
integrated platform technology, Playtech ONE. Playtech ONE delivers
data driven marketing expertise, single wallet functionality, CRM
and responsible gambling solutions across one single platform
across product verticals and across retail and online.
Playtech partners with and invests
in the leading brands in regulated and newly regulated markets to
deliver its data-driven gambling technology across the online and
retail value chain. Playtech provides its technology on a B2B basis
to the industry's leading online and retail operators, land-based
casino groups and government sponsored entities such as lotteries.
The Playtech Group owns and operates Snaitech, one of the leading
sports betting and gaming companies in online and retail in
Italy