NOTIFICATION OF TRANSACTIONS BY PDMRS

RNS Number : 5057B

Playtech Limited

03 April 2013

 



03 April 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 that on 3 April 2013, Liron Snir, a person discharging managerial responsibility, exercised options over, in aggregate, 50,000 ordinary shares of no par value in the Company at an average price of £3.676 granted to him under the terms of the Playtech 2005 Global Share Plan (the "Plan").

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 £6.385, less the cost of exercise of the option, resulting in an aggregate cash payment of ₤135,450.   

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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