Form 8 (OPD) - Playtech PLC

RNS Number : 5591Q
Playtech PLC
28 October 2021
 

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.  KEY INFORMATION

 

(a) Full name of discloser:

PLAYTECH PLC

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

  The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.

N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

  Use a separate form for each offeror/offeree

PLAYTECH PLC

(d) Is the discloser the offeror or the offeree?

OFFEREE

(e) Date position held:

  The latest practicable date prior to the disclosure

27 OCTOBER 2021

(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

  If it is a cash offer or possible cash offer, state "N/A"

N/A

 

 

2.  POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)  Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 

Class of relevant security:

 


 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

Nil

0

Nil

0

(2) Cash-settled derivatives:

 

Nil

0

Nil

0

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

Nil

0

Nil

0

 

  TOTAL:

Nil

0

Nil

0

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b)  Rights to subscribe for new securities

 

Class of relevant security in relation to which subscription right exists:

None

Details, including nature of the rights concerned and relevant percentages:

None

 

 

3.  POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

(a)  Interests in Playtech plc's ordinary shares in which the directors of Playtech plc are interested (including their close relatives and related trusts):

 

Class of relevant securities:

Ordinary shares of no par value

Director

Number of Playtech plc ordinary shares held

Percentage of total issued share capital (excluding shares under option)*

Mor Weizer

277,550

0.09%

Andrew Smith

84,875

0.03%

Ian Penrose

17,500

0.01%

Anna Massion

32,000

0.01%

John Krumins

10,000

0.00%

*Percentages have been rounded

 

(b)  Options over Playtech plc's ordinary shares held by the directors of Playtech plc and their close relatives and related trusts

 

(i)  Options and awards held by Mor Weizer

 

Playtech Group Long Term Incentive Plan 2012

 

Date of award

Number of shares

Exercise price

Exercise period/vesting date

17 December 2015

72,596

Nil-cost

1 March 2018 to 16 December 2025

21 December 2016

21,820

Nil-cost

1 March 2019 to 20 Dec 2026

 

 

 

28 February 2019

471,809*

Nil-cost

1 March 2022 to 27 February 2029

2 December 2019

1,900,000*

Nil-cost

Date on which the relevant share price target has been achieved to 1 December 2029

26 October 2020

546,000*

Nil-cost

26 October 2023 to 25 October 2030

 

(ii)  Options and awards held by Andrew Smith

 

Playtech Group Long Term Incentive Plan 2012

 

Date of award

Number of shares

Exercise price

Exercise period/vesting date

28 February 2019

148,260*

Nil-cost

1 March 2022 to 27 Feb 2029

26 October 2020

176,290*

Nil-cost

26 October 2023 to 25 October 2030

 

*Subject to the assessment of the satisfaction of the relevant performance conditions.

 

(c)  Interests and short positions of Playtech plc connected advisers in ordinary shares of Playtech plc

 

(i)  Wells Fargo Securities

 

Class of relevant security:

Ordinary shares of no par value


Interest

Short position


Number

%

Number

%

(1) Relevant securities owned and/or controlled:

-

-

-

-

(2) Cash-settled derivatives:

-

-

-

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

-

-

-

-

TOTAL:

-

-

-

-

 

(ii)  Goodbody Stockbrokers

 

Class of relevant security:

Ordinary shares of no par value


Interest

Short position


Number

%

Number

%

(1) Relevant securities owned and/or controlled:

21,928

0.01%

-

-

(2) Cash-settled derivatives:

-

-

-

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

-

-

-

-

TOTAL:

21,928

0.01%

-

-

 

(iii)  Jefferies International Limited

 

Class of relevant security:

Ordinary shares of no par value


Interest

Short position


Number

%

Number

%

(1) Relevant securities owned and/or controlled:

-

-

-

-

(2) Cash-settled derivatives:

-

-

-

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

-

-

-

-

TOTAL:

-

-

-

-

 

 

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

4.  OTHER INFORMATION

 

(a)  Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

 

None

 

 

(b)  Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i)  the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

 

None

 

(c)  Attachments

 

Are any Supplemental Forms attached?

 

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

 

 

Date of disclosure:

28 October 2021

Contact name:

Brian Moore

Telephone number:

+44 (0) 1624 645 954

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
FEEEAKEPALFFFEA

Companies

Playtech (PTEC)
UK 100

Latest directors dealings