Director/PDMR Shareholding

RNS Number : 1660A

Playtech Limited

15 March 2013

 



PLAYTECH LIMITED

(the "Company")

NOTIFICATION OF TRANSACTIONS BY PDMRS

EXERCISE OF OPTIONS

In fulfillment of its obligations under DTR 3.1.2R and DTR 3.1.4R (1)(a) Playtech Limited ('the Company') wishes to notify the following transactions by persons discharging managerial responsibility ("PDMRs'").

On 15 March 2013, the following PDMR's, exercised options over, in aggregate, 1,682,000 ordinary shares of no par value in the Company at an average price of GBP3.60 granted to them under the terms of the Playtech 2005 Global Share Plan (the "Plan") as per the schedule below:

Name	Weighted average exercise price	Number of shares
Shay Segev	£3.93	325,000
Uri Levy	£4.22	77,000
Liron Snir	£3.70	80,000
Shuki Barak	£3.17	200,000
Shmuel Weiss	£3.52	1,000,000

In accordance with the rules of the Plan, the Company has in lieu of issuing new shares elected to pay the cash equivalent being the closing market value of the Company's ordinary shares on the day immediately prior to the date of exercise of the option, being £6.13, less the cost of exercise of the option, resulting in an aggregate cash payment of ₤4,261,460.               .

Following this transaction, as no new ordinary shares have been issued, there is no change to the Company's issued ordinary share capital.

The above notification relates to a transaction notified in accordance with the Disclosure and Transparency Rules (rule 3.1.2R).

- Ends -

For further information contact:

Playtech Limited Paul Wright Company Secretary and Legal Counsel	+ 44 (0) 1624 645957

 

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