Playtech PLC Director/PDMR Shareholding

RNS Number : 6512G

Playtech PLC

02 October 2024

 

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	[phone]
Sandeep Gandhi, Head of Investor Relations
Headland (PR adviser to Playtech)	[phone]
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

 

 

 

 

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END

 

 

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