REG - Playtech PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">PTEC.L</Origin>

PlaytechAnnouncement

22/12/2016 17:50

RNS Number : 6658S
Playtech PLC
22 December 2016
PLAYTECH PLC
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 21 December 2016, 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
110,038
Ron Hoffman
 51,193
Shimon Akad
 47,498
Uri Levy
 37,999
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 2019, subject to the grantee's continued service and to the extent to which earnings per share growth and total shareholder return performance conditions are satisfied over measurement period comprising three financial years of the Company commencing with the current financial year. 
Once exercisable, an award shall ordinarily remain exercisable as it 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
N/A
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 2019 subject to continued service and to the extent to which performance conditions are satisfied. Once exercisable, the award shall ordinarily remain exercisable as it 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
110,038
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
21 December 2016
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ron Hoffman
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
N/A
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 2019 subject to continued service and to the extent to which performance conditions are satisfied. Once exercisable, the award shall ordinarily remain exercisable as it 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
51,193
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
21 December 2016
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Shimon Akad
2
Reason for Notification
a)
Position/status
Chief Operating 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
N/A
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 2019 subject to continued service and to the extent to which performance conditions are satisfied. Once exercisable, the award shall ordinarily remain exercisable as it 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
47,498
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
21 December 2016
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Uri Levy
2
Reason for Notification
a)
Position/status
VP Business Development
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
N/A
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 2019 subject to continued service and to the extent to which performance conditions are satisfied. Once exercisable, the award shall ordinarily remain exercisable as it 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
37,999
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
21 December 2016
f)
Place of the transaction
Outside a trading venue
Enquiries:
Brian Moore   
Company Secretary
Playtech plc
Tel: +44(0) 1624 645999
22 December 2016

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