REG - Playtech PLC - Notification and public disclosure of transactions
04/08/2025 08:00
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RNS Number : 7293T Playtech PLC 04 August 2025
4 August 2025
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.
Further to the approval of the Playtech plc Transformation Plan ("PTP") at the
General Meeting held on 19 December 2024, and the subsequent completion of the
sale of Snaitech S.p.A. ("Completion") on 30 April 2025, the Company has today
granted conditional awards under the PTP.
Under the terms of the conditional awards, participants are allocated units
("Incentive Units") from an overall pool of 10,000 Incentive Units ("PTP
Pool"). In total, the PTP Pool carries the potential right to receive value
based on (i) 10% of the value of dividends and other distributions made; and
(ii) up to 10% of the equity value or market capitalisation of the Company on
a future measurement date. Incentive Units may convert to nil cost options
over ordinary shares in Playtech after a five-year measurement period from the
date of Completion, subject to the achievement of stretching performance
conditions relating to the Company's Adjusted EBITDA and cash generation, as
well as the award holder continuing to be engaged by the Company. The PTP
closely aligns the Playtech senior team with the interests of shareholders and
the Company's strategy to drive earnings growth, improve cash generation and
deliver further returns to shareholders.
The conditional awards granted under the PTP include the following awards
granted to Directors/PDMRs of the Company:
PDMR Number of Incentive Units
Mor Weizer 3,000 Incentive Units (representing 30% of the total PTP Pool)
Chris McGinnis 1,000 Incentive Units (representing 10% of the total PTP Pool)
Shimon Akad 950 Incentive Units (representing 9.5% of the total PTP Pool)
Uri Levy 950 Incentive Units (representing 9.5% of the total PTP Pool)
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 Incentive Units which may convert to nil cost options over ordinary
shares in Playtech after a five-year measurement period from 30 April 2025,
subject to the achievement of performance conditions relating to the Company's
Adjusted EBITDA and cash generation, as well as the award holder continuing to
be engaged by the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 3,000 Incentive Units (representing 30% of the total PTP Pool)
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 August 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
4 August 2025
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 Incentive Units which may convert to nil cost options over ordinary
shares in Playtech after a five-year measurement period from 30 April 2025,
subject to the achievement of performance conditions relating to the Company's
Adjusted EBITDA and cash generation, as well as the award holder continuing to
be engaged by the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 1,000 Incentive Units (representing 10% of the total PTP Pool)
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 August 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
4 August 2025
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 Incentive Units which may convert to nil cost options over ordinary
shares in Playtech after a five-year measurement period from 30 April 2025,
subject to the achievement of performance conditions relating to the Company's
Adjusted EBITDA and cash generation, as well as the award holder continuing to
be engaged by the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 950 Incentive Units (representing 9.5% of the total PTP Pool)
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 August 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
4 August 2025
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 Incentive Units which may convert to nil cost options over ordinary
shares in Playtech after a five-year measurement period from 30 April 2025,
subject to the achievement of performance conditions relating to the Company's
Adjusted EBITDA and cash generation, as well as the award holder continuing to
be engaged by the Company.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 950 Incentive Units (representing 9.5% of the total PTP Pool)
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 August 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
4 August 2025
f)
Place of the transaction
Outside a trading venue
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 with a listing on the Main Market of the London Stock
Exchange, Playtech is a technology leader in the gambling industry with over
7,300 employees across 19 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, 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 online and retail value chain. Playtech provides its technology on a B2B
basis to the industry's leading online and retail operators, land-based casino
groups and government sponsored entities such as lotteries.
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