Playtech PLC Transaction in Own Shares (2929S)

TIDMPTEC

RNS Number : 2929S

Playtech PLC

20 December 2016

Playtech plc

("Playtech" or the "Company")

Transaction in Own Shares

Playtech (LSE: PTEC) announces that on 19 December 2016 it purchased 490,000 ordinary shares in the Company on the London Stock Exchange (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") announced on 6 December 2016, as follows:

 
Date of purchase:                                        19 December 2016 
 
Number of ordinary shares purchased:                     490,000 
 
Highest price paid per ordinary share:                   791.00 
 
Lowest price paid per ordinary share:                    787.75 
Volume weighted average price paid per ordinary share:   788.69 
 

Application will be made for the Repurchased Shares to be cancelled. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 317,764,603, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Playtech under the FCA's Disclosure Guidance and Transparency Rules. The Company holds no shares in treasury.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Playtech which were all executed through the Company's broker, Canaccord Genuity Limited, are set out below:

Schedule of Purchases:

 
 Shares purchased:    Playtech plc (ISIN: IM00B7S9G985) 
 Date of purchases:   19 December 2016 
 
 

Aggregate information:

 
Aggregated volume  Volume-weighted        Venue 
                    average price, pence 
490,000            788.69                 London Stock Exchange 
 

Individual transactions:

 
Number of shares  Transaction price  Time of transaction 
 purchased         (per share) 
210,000           787.75             2:22 PM (UK) 
150,000           789.00             3:33 PM (UK) 
70,000            788.90             4:30 PM (UK) 
497               791.00             4:35 PM (UK) 
6,597             791.00             4:35 PM (UK) 
9,463             791.00             4:35 PM (UK) 
1,083             791.00             4:35 PM (UK) 
22,363            791.00             4:35 PM (UK) 
12,930            791.00             4:35 PM (UK) 
349               791.00             4:35 PM (UK) 
1,031             791.00             4:35 PM (UK) 
686               791.00             4:35 PM (UK) 
5,001             791.00             4:35 PM (UK) 
 
 
 

For further information contact:

 
                                             [phone] 
 Playtech plc                                          2500 
 Mor Weizer, CEO 
 Ron Hoffman, CFO 
 c/o Bell Pottinger 
                                                +44 (0)1624 
 Andrew Smith, Head of Investor Relations            645954 
 
 Canaccord Genuity                              + 44 (0) 20 
  Bruce Garrow                                    7523 8000 
 Emma Gabriel 
 Richard Andrews 
 
                                             [phone] 
 Bell Pottinger                                        2500 
 David Rydell 
 Olly Scott 
 James Newman 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 20, 2016 02:00 ET (07:00 GMT)