Exercise of Options

RNS Number : 5992M
Sportech PLC
30 April 2018
 

Sportech PLC

('Sportech' or the 'Company')

 

Exercise of Options, Directors' Dealing and Total Voting Rights

 

Sportech, the international betting technology business, announces that the Director referred to below has received ordinary shares of 20p each in the Company ('Shares') under the terms of the Company's long-term incentive plan (the 'Plan').

 

Following the dealing as set out below, Andrew Gaughan, Chief Executive Officer of Sportech increased his beneficial interest in the Company by 43,843 shares to 588,954 from 545,111 shares.

 

The shares were exercised on 25 April 2018 for nil consideration pursuant to awards granted under the Plan on 9 March 2015.

 

Director

Plan shares being exercised

Shares sold

Plan shares retained

Total shares held after event

% of share capital

Price per share

Sales for tax and dealing costs

Other share sales

Andrew Gaughan

88,041

57.204p

44,198

Nil

43,843

588,954

0.32%

 

Total Voting Rights

 

Following the exercise of options, Sportech's share capital consists of 186,751,257 ordinary shares of 20p with voting rights.  There are no ordinary shares held in treasury.  Therefore, the total number of voting rights in Sportech is 186,751,257.

 

The above figure (186,751,257) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Sportech PLC under the Disclosure and Transparency Rules.

 

- Ends -

 

 

For further information, please contact:

 

Sportech PLC

Tel: +44 (0) 20 7268 2400

Richard McGuire, Non-Executive Chairman

 

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide 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

 

Andrew Gaughan

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

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

 

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 the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 20 pence each

 

 

ISIN GB00B28ZPV64

b)

 

Nature of the transaction

 

 

Exercise of options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil

 

88,041

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

N/a single transaction

 

e)

 

Date of the transaction

25 April 2018

f)

Place of the transaction

 

Off Market

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Andrew Gaughan

2

 

Reason for the notification

 

a)

 

Position/status

Chief Executive Officer

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

 

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 the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 20 pence each

 

 

ISIN GB00B28ZPV64

b)

 

Nature of the transaction

 

 

Sale of shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

57.204p

 

44,198

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

N/a single transaction

 

e)

 

Date of the transaction

25 April 2018

f)

Place of the transaction

 

LSE

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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