REG - Playtech PLC - Commencement of Share Buyback Programme

PlaytechAnnouncement

25/09/2025 07:00

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RNS Number : 7172A  Playtech PLC  25 September 2025

25 September 2025

Playtech plc

 

("Playtech" or the "Company")

 

Commencement of Share Buyback Programme

 

Playtech plc (LSE: PTEC) today announces that it will commence a programme to
purchase the Company's ordinary shares (the 'Ordinary Shares') of up to a
maximum consideration of approximately £43.7 million (€50.0 million)
excluding expenses (the 'Programme'). It is intended that the Programme will
be completed in the period up to 31 March 2026.

 

All of the Ordinary Shares purchased pursuant to the Programme are being
transferred to the Company's Employee Benefit Trust for nil consideration,
with a view to the shares being used to fund future awards (as and when they
vest and are exercised) under the Company's employee share
schemes. Therefore, the total number of shares in issue and the total number
of voting rights in the Company, following purchases within the Programme, are
expected to remain the same.

Any purchases will be conducted in compliance with the relevant conditions for
trading, restrictions regarding time and volume, disclosure and reporting
obligations, and price conditions. The Company confirms that it currently has
no unpublished inside information.

The Programme will be conducted in accordance with and under the terms of the
general authority to purchase up to 30,929,424 shares approved by the
Company's shareholders at the Company's Annual General Meeting on 21 May 2025,
which authority will expire at the end of the next Annual General Meeting of
the Company in 2026.

The Company has entered into irrevocable commitments with its joint brokers,
Goodbody Stockbrokers UC ('Goodbody') and Jefferies International Limited
('Jefferies') to operate the Programme through a non-discretionary programme,
by making market purchases of Ordinary Shares as agents on the Company's
behalf, and within certain defined parameters. Goodbody and Jefferies will
make trading decisions in relation to the buyback of Ordinary Shares
independently of the Company within the Programme terms. Goodbody and
Jefferies will operate the Programme from today, each completing the buyback
in respect of approximately £21.8 million (€25.0 million) of Ordinary
Shares. The first £21.8 million tranche will be undertaken by Goodbody.

The Programme will be carried out on the London Stock Exchange and other
trading venues and executed within the parameters of the Market Abuse
Regulation 596/2014/EU and the Commission Delegated Regulation 2016/1052/EU
(as each forms part of domestic law under the European Union (Withdrawal) Act
2018, including where relevant pursuant to the Market Abuse (Amendment) (EU
Exit) Regulations 2019) and Chapter 9 of the UK Listing Rules of the Financial
Conduct Authority.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law in
the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 and
as amended by Regulation 11 of the Market Abuse (Amendment) (EU Exit)
Regulations 2019/310. With the publication of this announcement, this
information is now considered to be in the public domain.

Details of all purchases made under the Programme will be announced by no
later than 7:30am on the next business day following the calendar day on which
the purchases occurred.

For further information contact:

 

 Playtech plc

 Mor Weizer, Chief Executive Officer             +44 (0) 20 3805 4822

 Chris McGinnis, Chief Financial Officer

 c/o Headland

 Rohan Chitale, Director of Investor Relations   +44 (0) 20 3805 4822

 Headland (PR adviser to Playtech)               +44 (0) 20 3805 4822

 Lucy Legh, Jack Gault

 

About Playtech

Founded in 1999 and with a listing on the Main Market of the London Stock
Exchange, Playtech is a technology leader in the gambling industry with over
7,400 employees across 20 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, 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 online and retail value chain. Playtech provides its technology on a B2B
basis to the industry's leading online and retail operators, land-based casino
groups and government sponsored entities such as lotteries.

 

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