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RNS Number : 6757Y Playtech PLC 09 May 2023
Playtech PLC
('Playtech' or the 'Company')
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 5 May 2023, the following awards under the Playtech Long Term Incentive
Plan 2022 (the "Plan") were made to certain PDMRs of the Company:
PDMR No. of shares under award
Mor Weizer 292,548
Chris McGinnis 90,988
Shimon Akad 110,806
Uri Levy 79,939
Fabio Schiavolin 151,707
The awards are structured as nil cost options over ordinary shares
of no par value, and, subject to certain conditions, will ordinarily become
exercisable as from 5 May 2026. Once exercisable, an award shall ordinarily
remain exercisable as to its vested shares until the eve of the tenth
anniversary of the grant date of the awards.
Further details of the awards 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 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 Ordinary Shares of Playtech plc of no par value
Identification code IM00B7S9G985
b) Nature of the transaction Grant of a nil cost option award under the Company's LTIP Scheme. The award
will ordinarily become exercisable as from 5 May 2026, subject to continued
service and the extent to which performance conditions consisting of
both total shareholder return and earnings per share performance are
satisfied. In the case of total shareholder return, performance will be
measured over the three-year period ending on 4 May 2026. In the case of
earnings per share, performance will be measured over the three financial
years ending on 31 December 2025. Once exercisable, the award shall
ordinarily remain exercisable as 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 292,548
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 5 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
5 May 2023
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Chris McGinnis
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 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 Ordinary Shares of Playtech plc of no par value
Identification code IM00B7S9G985
b) Nature of the transaction Grant of a nil cost option award under the Company's LTIP Scheme. The award
will ordinarily become exercisable as from 5 May 2026, subject to continued
service and the extent to which performance conditions consisting of
both total shareholder return and earnings per share performance are
satisfied. In the case of total shareholder return, performance will be
measured over the three-year period ending on 4 May 2026. In the case of
earnings per share, performance will be measured over the three financial
years ending on 31 December 2025. Once exercisable, the award shall
ordinarily remain exercisable as 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 90,988
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 5 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
5 May 2023
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 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 Ordinary Shares of Playtech plc of no par value
Identification code IM00B7S9G985
b) Nature of the transaction Grant of a nil cost option award under the Company's LTIP Scheme. The award
will ordinarily become exercisable as from 5 May 2026, subject to continued
service and the extent to which performance conditions consisting of
both total shareholder return and earnings per share performance are
satisfied. In the case of total shareholder return, performance will be
measured over the three-year period ending on 4 May 2026. In the case of
earnings per share, performance will be measured over the three financial
years ending on 31 December 2025. Once exercisable, the award shall
ordinarily remain exercisable as 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 110,806
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 5 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
5 May 2023
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 Ordinary Shares of Playtech plc of no par value
Identification code IM00B7S9G985
b) Nature of the transaction Grant of a nil cost option award under the Company's LTIP Scheme. The award
will ordinarily become exercisable as from 5 May 2026, subject to continued
service and the extent to which performance conditions consisting of
both total shareholder return and earnings per share performance are
satisfied. In the case of total shareholder return, performance will be
measured over the three-year period ending on 4 May 2026. In the case of
earnings per share, performance will be measured over the three financial
years ending on 31 December 2025. 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 79,939
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 5 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
5 May 2023
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Fabio Schiavolin
2 Reason for Notification
a) Position/status Chief Executive Officer - Snaitech S.p.A.
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 Ordinary Shares of Playtech plc of no par value
Identification code IM00B7S9G985
b) Nature of the transaction Grant of a nil cost option award under the Company's LTIP Scheme. The award
will ordinarily become exercisable as from 5 May 2026, subject to continued
service and the extent to which performance conditions consisting of
both total shareholder return and earnings per share performance are
satisfied. In the case of total shareholder return, performance will be
measured over the three-year period ending on 4 May 2026. In the case of
earnings per share, performance will be measured over the three financial
years ending on 31 December 2025. Once exercisable, the award shall
ordinarily remain exercisable as 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 151,707
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 5 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
5 May 2023
f)
Place of the transaction
Outside a trading venue
- ENDS -
For further information please contact:
Playtech plc +44 (0) 20 3805 4822
Sandeep Gandhi, Head of Investor Relations
Headland (PR adviser to Playtech) +44 (0) 20 3805 4822
Lucy Legh, Jack Gault
About Playtech
Founded in 1999 and premium listed on the Main Market of the London Stock
Exchange, Playtech is a technology leader in the gambling industry with over
7,000 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, virtual sports, 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 retail and online value chain. Playtech provides its technology on a B2B
basis to the industry's leading retail and online operators, land-based casino
groups and government sponsored entities such as lotteries. Playtech directly
owns and operates Snaitech, the leading sports betting and gaming company in
online and retail in Italy.
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