Sportech PLC Director Share Purchase (0594Q)

TIDMSPO

RNS Number : 0594Q

Sportech PLC

01 June 2018

 
 For immediate release   1 June 2018 
 

Sportech PLC

('Sportech' or the 'Company')

Director Share Purchase

Sportech, the international betting technology business, announces that the Company has been notified that on 1 June 2018, Richard Cooper, a Non-Executive Director of Sportech, purchased 125,000 Ordinary Shares ('Ordinary Shares') at 83.5 pence each in the Company.

Following the above purchase, Richard Cooper now holds 125,000 Ordinary Shares representing 0.07% 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

(Disclosure in relation to purchase of Ordinary Shares)

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------ 
 a)   Name                      Richard Cooper 
---  ------------------------  ---------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------ 
 a)   Position/status           Non-Executive Director 
---  ------------------------  ---------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ---------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------ 
 a)   Name                      Sportech PLC 
---  ------------------------  ---------------------------- 
 b)   LEI                       2138003BHYUQWAYGSK09 
---  ------------------------  ---------------------------- 
 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            Ordinary Shares 
       the financial 
       instrument, type          ISIN GB00B28ZPV64 
       of instrument 
       Identification 
       code 
---  ------------------------  ---------------------------- 
 b)   Nature of the             Purchase of Ordinary Shares 
       transaction 
---  ------------------------  ---------------------------- 
 c)   Price(s) and               Price(s)   Volume(s) 
       volume(s)                 ---------  ---------- 
                                  83.5p      125,000 
                                 ---------  ---------- 
---  ------------------------  ---------------------------- 
 d)   Aggregated information    N/A 
---  ------------------------  ---------------------------- 
 e)   Date of the transaction   1 June 2018 
---  ------------------------  ---------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
---  ------------------------  ---------------------------- 
 

- Ends -

Contacts:

 
 Sportech PLC                               Tel: +44 (0) 20 
                                                  7268 2400 
 Andrew Gaughan, Chief Executive 
  Officer 
 Tom Hearne, Chief Financial 
  Officer 
 
 Peel Hunt LLP                              Tel: +44 (0) 20 
                                                  7418 8900 
 (Corporate Broker to Sportech) 
  Dan Webster / George Sellar 
 
  Buchanan                                  Tel: +44 (0) 20 
                                                  7466 5000 
 (Financial PR adviser to          [e-mail] 
  Sportech) 
  Henry Harrison-Topham / Mark 
  Court / Jamie Hooper 
 

Notes to Editors:

   About Sportech        www.sportechplc.com 

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

The Group is an international betting technology business focusing on highly regulated markets worldwide. It has more than 27,000 betting terminals deployed to over 400 clients, across 37 countries including those in the USA, where it operates under 35 licences, across 37 States and processes approximately US$12 billion of bets annually.

The Group has invested over US$60 million in developing its technology services to clients and the successful expansion of its leading US gaming Venues in the last five years, resulting in its proprietary Quantum(TM) product 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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June 01, 2018 08:35 ET (12:35 GMT)