REG - Playtech PLC - Results of General Meeting

PlaytechAnnouncement

19/12/2024 14:00

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RNS Number : 8005Q  Playtech PLC  19 December 2024

Playtech plc

 

("Playtech" or the "Company")

 

Results of General Meeting

Following the General Meeting, which was held earlier today, Playtech (LSE:
PTEC) is pleased to announce that the Resolutions set out in the Notice of
General Meeting within the Circular published on 27 November 2024 were all
duly passed by shareholders by means of a poll vote.

For information, the votes cast on the Resolutions were as follows:

 

 Resolutions                                                                     Votes For    % Votes cast  Votes Against  % Votes cast  Total Votes Cast (excl. Votes Withheld)  % of ISC Voted*  Votes Withheld
 1. To approve and adopt the revised Directors' Remuneration Policy              148,939,100  59.04%        103,317,987    40.96%        252,257,087                              81.56%           1,309,976
 2. To approve the Playtech plc Shareholder Incentive Plan (Directors)           169,933,226  67.36%        82,331,124     32.64%        252,264,350                              81.56%           1,302,713
 3. To approve the Playtech plc Transformation Plan                              156,018,691  61.53%        97,537,532     38.47%        253,556,223                              81.98%           10,840
 4. To approve a revised Rule 2.2 of the Playtech plc Restricted Share Plan      163,623,627  64.53%        89,933,398     35.47%        253,557,025                              81.98%           10,038
 2024
 5. To approve the temporary increase in the limit on directors' fees contained  183,986,910  73.04%        67,922,099     26.96%        251,909,009                              81.45%           1,658,054
 in Article 95 to £3,000,000 per annum

 

Prior to the General Meeting, there was extensive consultation with a broad
spectrum of the Company's shareholders on the Resolutions and, in particular,
the revised directors' remuneration policy and two new long-term incentive
plans.

 

The Board of Playtech is grateful for the engagement of its shareholders in
advance of the General Meeting and is pleased that all Resolutions were
passed. The Board notes, however, the level of votes against the Resolutions.
Playtech will continue to engage with its shareholders regarding the
implementation of the Resolutions and, in accordance with the UK Corporate
Governance Code, the Company will publish an update on its continued
engagement within six months of the General Meeting.

 

* As at 8:00 pm on 17 December 2024, being the record time and date for
eligibility to vote at the General Meeting, the Company's issued share capital
comprised 309,294,243 ordinary shares of no par value (at which time the
Company held no shares in treasury). Each such share carries the right to one
vote at a general meeting of Playtech and, therefore, the total number of
voting rights in Playtech as at 8:00 pm on 17 December 2024 was 309,294,243.

 

The results of the poll have been submitted to the National Storage Mechanism,
and will shortly be available at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) and on the Company's
website https://www.investors.playtech.com/
(https://www.investors.playtech.com/) .

 

The full text of the Resolutions is set out in the Notice of General Meeting
contained in Part 6 of the Circular published by the Company on 27 November
2024, which is available for inspection on the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) and on the Company's
website https://www.investors.playtech.com/
(https://www.investors.playtech.com/) .

 

In accordance with UK Listing Rule 6.4.2R, copies of the Resolutions passed at
the General Meeting will be submitted to the National Storage Mechanism and
will be available for viewing in due course at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) . Copies of these
will also be made available for viewing in due course on the Company's website
https://www.investors.playtech.com/ (https://www.investors.playtech.com/) .

 - ENDS -

For further information 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
7,900 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 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. The Playtech Group
owns and operates Snaitech, one of the leading sports betting and gaming
companies in online and retail in Italy.

 

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