REG - Playtech PLC - Director/PDMR Shareholding

PlaytechAnnouncement

24/07/2018 17:45

RNS Number : 6368V
Playtech PLC
24 July 2018
 


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 23 July 2018, 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




Shimon Akad


74,766




Ron Hoffman


119,159




Uri Levy


112,150




Fabio Schiavolin


195,066




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 2021 (save for Mr. Schiavolin's award which will ordinarily become exercisable as from 18 July 2021), subject to the grantee's continued service. 
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


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


21380068TTB6Z9ZEU548




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 2021 subject to continued service. 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


74,766




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


23 July 2018




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 Executive Officer - Financials Division




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


21380068TTB6Z9ZEU548




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 2021 subject to continued service. 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


119,159




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


23 July 2018




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


Vice President 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


21380068TTB6Z9ZEU548




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 2021 subject to continued service. 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


112,150




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


23 July 2018




f)


Place of the transaction


Outside a trading venue




 
 




Details of the person discharging managerial responsibilities / person closely associated




Name


Fabio Schiavolin




Reason for Notification




Position/status


Chief Executive Officer - Snaitech S.p.A.




Initial notification/Amendment


Initial Announcement




Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




Name


Playtech plc




LEI


21380068TTB6Z9ZEU548




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




Description of the financial instrument, type of instrument
Identification code


Ordinary Shares of Playtech plc of no par value
IM00B7S9G985




Nature of the transaction


Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 18 July 2021 subject to continued service. 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.




Price(s) and volume(s)






Price(s)


Volume(s)




Nil


195,066




 




Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




Date of the transaction


23 July 2018




Place of the transaction


Outside a trading venue




 
Enquiries:




Playtech PLC
Mor Weizer, CEO
Andrew Smith, CFO
James Newman, Head of Investor Relations & Corporate Communications
 


+44 1624 645954
 
 




Headland
PR adviser to Playtech
Lucy Legh / Stephen Malthouse


+44 (0) 20 3805 4822
 
 
 




 




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