Picture of Playtech logo

PTEC Playtech News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMid CapNeutral

REG - Playtech PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230509:nRSI6757Ya&default-theme=true

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUPUWUAUPWPGR

Recent news on Playtech

See all news