Director/PDMR Shareholding

Source: RNS
RNS Number : 8123U
Playtech PLC
03 August 2022
 

 

 

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.

Playtech plc has been notified of the following dealings in its ordinary shares by a Director/PDMR of the Company:

Mor Weizer, Chief Executive Officer, purchased 54,500 ordinary shares in the Company at a price of £4.89 per share on 2 August 2022. Andrew Smith, Chief Financial Officer, purchased 19,630 ordinary shares in the Company at a price of £4.90 per share on 1 August 2022. These purchases were made in accordance with the requirements of the Company's remuneration policy, under which a proportion of the annual bonus is deferred into shares for two years.

Andrew Smith also exercised vested options under the Playtech Long Term Incentive Plan 2012. Mr. Smith exercised options over 68,437 shares of which he continues to hold 35,513 shares having sold 32,924 shares to cover tax and NIC liabilities and commission charges associated with the options exercise.

In addition, Andrew Smith sold 84,875 shares at a price of £4.88 on 1 August 2022 for personal family reasons.

The notifications for Mor Weizer and Andrew Smith can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mor Weizer

2

Reason for Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial Announcement

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

Acquisition of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.885

54,500

d)

Aggregated information

-       Aggregated volume

 

-       Price

 

54,500 

£266,232

e)

Date of the transaction

2 August 2022

f)

Place of the transaction

London Stock Exchange, main market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Smith

2

Reason for Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Announcement

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

Acquisition of shares

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.90

19,630

d)

Aggregated information

-       Aggregated volume

 

-       Price

 

19,630

£96,524.65

e)

Date of the transaction

1 August 2022

f)

Place of the transaction

London Stock Exchange, main market (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Andrew Smith

2

Reason for the notification

 

a)

Position/status

Executive Director and 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 no par value each

 

 

 

ISIN IM00B7S9G985

b)

Nature of the transaction  

Exercise of options over 68,437 ordinary shares under the provisions of the Playtech plc Long Term Incentive Plan 2012, and related sale of 32 924 shares.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

68,437 (acquisition)

£4.871022

32 924 (sale)

d)

Aggregated information

- Aggregated volume

- Price

 

68,437 shares acquired; 32,924 shares sold

 

 

Nil; £160,373.53

e)

Date of the transaction

1 August 2022

f)

Place of the transaction (for the sale)

 

London Stock Exchange, main market (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Smith

2

Reason for Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Announcement

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

Disposal of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.881015

84,875

d)

Aggregated information

-       Aggregated volume

 

-       Price

 

84,875

£412,825.18

e)

Date of the transaction

1 August 2022

f)

Place of the transaction

London Stock Exchange, main market (XLON)

 

 


- ENDS -

 

For further information please contact:

 

Playtech

Chris McGinnis, Director of Investor Relations & Strategic Analysis

 

+44 (0)16 2464 5954

 

Headland (PR Adviser to Playtech)

Lucy Legh

Stephen Malthouse

Tom James

Jack Gault

+44 (0)20 3805 4822

Playtech@headlandconsultancy.com

 

 

About Playtech

 

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries with over 6,600 employees across 26 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 retail and online value chain. Playtech provides its technology on a B2B basis to the industry's leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. Playtech directly owns and operates Snai, the leading sports betting and gaming brand across online and retail in Italy.

 

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