Director/PDMR Shareholding

RNS Number : 6368V

Playtech PLC

24 July 2018

 

PLAYTECH PLC

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 23 July 2018, the following awards under the Playtech Long Term Incentive Plan 2012 (the "Plan") were made to certain PDMRs of the Company:

PDMR	No. of shares under award
Shimon Akad	74,766
Ron Hoffman	119,159
Uri Levy	112,150
Fabio Schiavolin	195,066

The awards are structured as nil cost options over ordinary shares of no par value.

The awards will ordinarily become exercisable as from 1 March 2021 (save for Mr. Schiavolin's award which will ordinarily become exercisable as from 18 July 2021), subject to the grantee's continued service. 

Once exercisable, an award shall ordinarily remain exercisable as it to its vested shares until the eve of the tenth anniversary of the grant date of the awards.

Details of the full notifications received by the Company are set out below.

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 Identification code	Ordinary Shares of Playtech plc of no par value IM00B7S9G985
b)	Nature of the transaction	Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2021 subject to continued service. 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 74,766
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	23 July 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ron Hoffman
2	Reason for Notification
a)	Position/status	Chief Executive Officer - Financials Division
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 Identification code	Ordinary Shares of Playtech plc of no par value IM00B7S9G985
b)	Nature of the transaction	Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2021 subject to continued service. 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 119,159
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	23 July 2018
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 Identification code	Ordinary Shares of Playtech plc of no par value IM00B7S9G985
b)	Nature of the transaction	Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2021 subject to continued service. 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 112,150
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	23 July 2018
f)	Place of the transaction	Outside a trading venue

 

Details of the person discharging managerial responsibilities / person closely associated
Name	Fabio Schiavolin
Reason for Notification
Position/status	Chief Executive Officer - Snaitech S.p.A.
Initial notification/Amendment	Initial Announcement
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Playtech plc
LEI	21380068TTB6Z9ZEU548
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
Description of the financial instrument, type of instrument Identification code	Ordinary Shares of Playtech plc of no par value IM00B7S9G985
Nature of the transaction	Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 18 July 2021 subject to continued service. 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.
Price(s) and volume(s)	Price(s) Volume(s) Nil 195,066
Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
Date of the transaction	23 July 2018
Place of the transaction	Outside a trading venue

Enquiries:

Playtech PLC Mor Weizer, CEO Andrew Smith, CFO James Newman, Head of Investor Relations & Corporate Communications	[phone]
Headland PR adviser to Playtech Lucy Legh / Stephen Malthouse	[phone]

 

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