Director/PDMR Shareholding

RNS Number : 5134R

Playtech PLC

01 March 2019

 

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.

On 28 February 2019, the following awards under the Playtech Long Term Incentive Plan 2012 (the "Plan") were made to certain PDMRs of the Company:

PDMR	No. of shares under award
Mor Weizer	471,809
Andrew Smith	148,620

The awards are structured as nil cost options over ordinary shares of no-par value.

The awards will ordinarily become exercisable as from 1 March 2022, subject to the grantee's continued service and to the extent to which total shareholder return performance conditions are satisfied over the measurement period comprising the three financial years of the Company commencing with the current financial year.    

Once exercisable, an award shall ordinarily remain exercisable as to its vested shares until the eve of the tenth anniversary of the grant date of the awards.

Details of the full notifications received by the Company are set out below.

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	Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2022 subject to continued service and to the extent to which the total shareholder performance conditions are satisfied over a measurement period comprising the three financial years of the Company commencing with the current financial year. Once exercisable, the award shall ordinarily remain exercisable as to its vested shares until the eve of the tenth anniversary of the grant date of the award.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 471,809
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	28 February 2019
f)	Place of the transaction	Outside a trading venue

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	Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2022 subject to continued service and to the extent to which total shareholder return performance conditions are satisfied over a measurement period comprising the three financial years of the Company commencing with the current financial year. Once exercisable, the award shall ordinarily remain exercisable as to its vested shares until the eve of the tenth anniversary of the grant date of the award.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 148,620
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	28 February 2019
f)	Place of the transaction	Outside a trading venue

- ENDS -

For further information please contact:

Playtech plc Chris McGinnis, Director of Investor Relations & Strategic Analysis
Headland (PR adviser to Playtech) Lucy Legh, Stephen Malthouse	[phone]

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a market leader in the gambling and financial trading industries.

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. As of June 2018, through the acquisition of Snaitech, Playtech directly owns and operates the leading sports betting and gaming brand in online and retail in Italy, Snai. Snaitech operates a B2B2C model as a service provider to franchisees in the retail market while operating the leading brand, Snai directly online as a B2C business.

Playtech's Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2B and B2C basis.

Playtech has in total c.5,800 employees across 17 countries and is headquartered in the Isle of Man.

 

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