Director/PDMR Shareholding

RNS Number : 3856D

Playtech PLC

27 October 2020

 

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 26 October 2020, 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
Mor Weizer	546,000
Andrew Smith	176,290
Shimon Akad	204,750
Ron Hoffman	136,500
Uri Levy	204,750
Fabio Schiavolin	273,000

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 26 October 2023. 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 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 Scheme. The award will ordinarily become exercisable as from 26 October 2023, 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 26 October 2023. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2022.  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 546,000
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	26 October 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Smith
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 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 Scheme. The award will ordinarily become exercisable as from 26 October 2023, 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 26 October 2023. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2022.  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 176,290
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	26 October 2020
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 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 Scheme. The award will ordinarily become exercisable as from 26 October 2023, 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 26 October 2023. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2022.  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 204,750
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	26 October 2020
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 Scheme. The award will ordinarily become exercisable as from 26 October 2023, 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 26 October 2023. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2022.  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 136,500
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	26 October 2020
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 Scheme. The award will ordinarily become exercisable as from 26 October 2023, 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 26 October 2023. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2022.  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 204,750
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	26 October 2020
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 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 Scheme. The award will ordinarily become exercisable as from 26 October 2023, 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 26 October 2023. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2022.  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 273,000
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	26 October 2020
f)	Place of the transaction	Outside a trading venue

- ENDS -

For further information please contact:

Playtech plc  Chris McGinnis, Director of Investor Relations & Strategic Analysis
Headland (PR adviser to Playtech)  [phone]  Lucy Legh, Stephen Malthouse

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a market leader in the gambling and financial trading industries.

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,

Playtech's Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2B and B2C basis.

Playtech has in total c.6,400 employees across 24 countries and is headquartered in the Isle of Man.

 

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