Sportech PLC Director/PDMR Share Dealing (6365H)

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RNS Number : 6365H

Sportech PLC

16 November 2018

 
For immediate release  16 November 2018 
 

SPORTECH PLC

('Sportech' or the 'Company')

Director/PDMR Share Dealing

Sportech PLC (LSE: SPO), the international betting technology business, that the Company has been notified that on 16 November 2018, Richard McGuire, Executive Chairman of Sportech, purchased 250,000 Ordinary Shares ('Ordinary Shares') at 40.6 pence each in the Company.

Following the above purchase, Richard McGuire now holds 770,000 Ordinary Shares representing 0.41% of the issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

Notification 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                                                               Richard McGuire 
      -----------------------------------------------------------------  ----------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------------ 
 a)    Position/status                                                    Director 
      -----------------------------------------------------------------  ----------------------------- 
 b)    Initial notification/ Amendment                                    Initial notification 
      -----------------------------------------------------------------  ----------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ------------------------------------------------------------------------------------------------ 
 a)    Name                                                               Sportech PLC 
      -----------------------------------------------------------------  ----------------------------- 
 b)    LEI                                                                2138003BHYUQWAYGSK090 
      -----------------------------------------------------------------  ----------------------------- 
 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        Ordinary Shares 
 
        Identification code 
 
                                                                           ISIN GB00B28ZPV64 
      -----------------------------------------------------------------  ----------------------------- 
 b)    Nature of the transaction                                          Purchase of Ordinary Shares 
      -----------------------------------------------------------------  ----------------------------- 
 c)    Price(s) and volume(s)                                              Price(s)   Volume(s) 
                                                                             40.4p      170,000 
                                                                             41.0p      80,000 
      -----------------------------------------------------------------  ----------------------------- 
       Aggregated information-  Aggregated volume 
 
 d)     -  Price                                                            250,000 40.6p 
      -----------------------------------------------------------------  ----------------------------- 
 e)    Date of the transaction                                            16 November 2018 
      -----------------------------------------------------------------  ----------------------------- 
 f)    Place of the transaction                                           London Stock Exchange 
      -----------------------------------------------------------------  ----------------------------- 
 

- Ends -

Contacts:

 
 Sportech PLC                           Tel: [phone] 
 Giles Vardey, Non-Executive Director 
 
 
 Peel Hunt                              Tel: [phone] 
 (Corporate Broker to Sportech) 
  Dan Webster / George Sellar 
 
 Buchanan                               Tel: [phone] 
 (Financial PR adviser to Sportech)      [e-mail] 
  Henry Harrison-Topham / Mark Court 
  / Jamie Hooper 
 

Notes to Editors

About Sportech

Sportech PLC, the international betting technology business, provides and operates betting technology solutions for some of the world's best-known gaming companies, sports teams, and horse and greyhound racetracks, as well as owning and operating its own gaming venues in Connecticut under exclusive licences.

The Group focuses on highly regulated markets worldwide. It has more than 27,000 betting terminals deployed to over 400 clients in 37 countries. Its global systems process nearly US$12 billion in betting handle annually. In the US, it operates under 35 licences across 37 states. The Group has invested over US$60 million in the last five years in the successful expansion of its US gaming Venues and in developing its technology services, resulting in its proprietary Quantum(TM) System being the most widely deployed pari-mutuel betting system globally.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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November 16, 2018 06:42 ET (11:42 GMT)