REG - Playtech PLC - Commencement of Share Buyback Programme

PlaytechAnnouncement

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RNS Number : 3601Y  Playtech PLC  27 March 2026

27 March 2026

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, in
aggregate, 5,661,665 Ordinary Shares (the 'Programme'). The Programme will be
completed in the period up to the next Annual General Meeting of the Company
which is expected to be held towards the end of May 2026 (the "2026 AGM").

 

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no unpublished inside information.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 (the "Existing Buyback Authority")  up to
30,929,424 shares approved by the Company's shareholders at the Company's
Annual General Meeting on 21 May 2025 (the "2025 AGM") which authority will
expire at the end of the 2026 AGM. As a result of the purchase of 25,267,759
Ordinary Shares already made by the Company since the 2025 AGM, 5,661,665
Ordinary Shares represents the maximum balance available for purchase by the
Company under the Existing Buyback Authority.

 

The Company has entered into an irrevocable commitment with its joint broker,
Jefferies International Limited ('Jefferies') to operate the Programme through
a non-discretionary programme, by making market purchases of Ordinary Shares
as agent on the Company's behalf, and within certain defined parameters.
Jefferies will make trading decisions in relation to the buyback of Ordinary
Shares independently of the Company within the Programme terms. Jefferies will
operate the Programme from today.

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 listed on the Main Market of the London Stock Exchange,
Playtech is a leading global B2B technology provider to the online betting and
gaming industry. The Company employs over 7,400 people across 20 countries and
operates in more than 50 regulated and regulating jurisdictions worldwide.

Playtech provides operators with a full proprietary, end-to-end, turnkey
solution including its platform (PAM+), content and services, enabling
customers to deliver an innovative, seamless and responsible player
experience, supported by industry-leading player protection technology.
Playtech's product suite covers the industry's most popular verticals
including casino, live casino, sports betting, bingo and poker.

 

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