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 5 May 2023, the following awards under the Playtech Long Term Incentive Plan 2022 (the "Plan") were made to certain PDMRs of the Company:
PDMR |
No. of shares under award |
Mor Weizer |
292,548 |
Chris McGinnis |
90,988 |
Shimon Akad |
110,806 |
Uri Levy |
79,939 |
Fabio Schiavolin |
151,707 |
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 5 May 2026. 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 |
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a) |
Name |
Mor Weizer |
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2 |
Reason for Notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/Amendment |
Initial Announcement |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
a) |
Name |
Playtech plc |
||||
b) |
LEI |
21380068TTB6Z9ZEU548 |
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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 5 May 2026, 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 4 May 2026. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2025. 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.
|
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c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
e) |
Date of the transaction |
5 May 2023 |
||||
f) |
Place of the transaction |
Outside a trading venue |
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|
|
|
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|
|
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 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 5 May 2026, 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 4 May 2026. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2025. 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) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
e) |
Date of the transaction |
5 May 2023 |
||||
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 5 May 2026, 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 4 May 2026. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2025. 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) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
e) |
Date of the transaction |
5 May 2023 |
||||
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 5 May 2026, 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 4 May 2026. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2025. 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) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
e) |
Date of the transaction |
5 May 2023 |
||||
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 5 May 2026, 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 4 May 2026. In the case of earnings per share, performance will be measured over the three financial years ending on 31 December 2025. 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) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
e) |
Date of the transaction |
5 May 2023 |
||||
f) |
Place of the transaction |
Outside a trading venue |
- ENDS -
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 premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling industry with over 7,000 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 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.