Result of AGM

RNS Number : 1606Z
Playtech PLC
15 May 2019
 

 

 

15 May 2019

 

Playtech plc (the "Company")

 

Results of Annual General Meeting

 

For information, the votes cast were as follows:

Resolutions

For

% Votes cast

Against

% Votes cast

Total Votes Cast (excl. Votes Withheld)

Votes Withheld

1.  Report and accounts     

198,803,380

99.27

1,453,000

0.73

200,256,380

436,831

2.  Remuneration Policy

118,149,127

59.05

81,937,009

40.95

200,086,136

607,074

3.  Remuneration Report

114,928,838

58.20

82,541,555

41.80

197,470,393

3,222,817

4.  Reappoint the auditors  

195,542,989

97.56

4,899,682

2.44

200,442,671

250,539

5.  Final Dividend          

200,440,157

100.00

3,000

0.00

200,443,157

250,054

6.  Re-Elect John Jackson

154,163,046

85.64

25,842,624

14.36

180,005,670

20,687,541

7.  Re-Elect Claire Milne

165,665,672

91.72

14,948,557

8.28

180,614,229

20,078,982

8.  Elect Susan Ball

197,381,606

98.47

3,061,477

1.53

200,443,083

250,128

9.  Elect Ian Penrose  

196,893,961

98.23

3,549,063

1.77

200,443,024

250,187

10.        Elect John Krumins   

200,321,638

99.94

119,086

0.06

200,440,724

252,487

11.        Elect Anna Massion   

200,323,197

99.94

119,160

0.06

200,442,357

250,854

12.        Re-Elect Alan Jackson     

123,573,254

64.23

68,813,340

35.77

192,386,594

8,306,616

13.        Re-Elect Andrew Smith

200,218,199

99.89

224,825

0.11

200,443,024

250,187

14.        Re-Elect Moran Weizer

200,322,204

99.94

119,320

0.06

200,441,524

251,687

15.        Authority to allot shares

196,172,113

97.87

4,271,007

2.13

200,443,120

250,091

16.       Disapplication of Pre-Emption rights

180,186,243

90.03

19,960,519

9.97

200,146,762

546,449

17.        Further disapplication of Pre-Emption rights

177,491,182

88.68

22,655,520

11.32

200,146,702

546,508

18.        Market purchase of own shares

200,168,095

99.89

221,295

0.11

200,389,390

303,820

19.        Articles of Association (Articles 164 - 169)

200,310,273

99.94

123,551

0.06

200,433,824

259,387

20.        Articles of Association (Article 15.1(g)

200,310,273

99.94

122,768

0.06

200,433,041

260,170

21.        Articles of Association (Article 95)

180,480,478

90.04

19,953,479

9.96

200,433,957

259,254

 

 

Resolutions 2, 3 & 12

 

Since last year's AGM the Company has conducted an extensive shareholder engagement and consultation process on remuneration. As a result of this process, and reflecting shareholder feedback, we made a number of changes to the Company's Remuneration policy and approach. With the majority of shareholders voting in support of the new Directors' Remuneration Policy and the Directors' Remuneration Report, we believe the results reflect significant progress.

 

Regarding Resolution 12, which was also supported by a majority of shareholders, as announced on 11 April 2019, an orderly succession process is currently underway to identify a new Chairman for the Group. This follows the evolution of the Board's composition over the last year, with the appointment of four new non-executive directors, which was led by our Chairman, Alan Jackson.

 

However, we recognise that the vote against these resolutions was more than 20% and we will continue to engage with investors on these important issues to make further progress.

 

In line with the provisions of the 2018 UK Corporate Governance Code, we will provide an update on the views received from shareholders on these issues and actions taken in response no later than in six months' time.

 

On 15 May 2019, the issued share capital of the Company was 309,294,243 ordinary shares of no par value.

 

In accordance with Listing Rule 9.6.2, copies of the resolutions (other than those concerning ordinary business) will be submitted to the National Storage Mechanism and will be available for viewing at www.morningstar.co.uk/uk/nsm

 

The proxy figures for the resolutions will also displayed on the Company's corporate website -www.playtech.com

 

- Ends -

 

For further information please contact:

 

Playtech plc

 

Chris McGinnis, Director of Investor Relations and Strategic Analysis

 

James Newman, Director of Corporate Affairs

 

+44 (0) 16 2464 5954


Headland (PR adviser to Playtech)

 

Stephen Malthouse, Chloe Francklin

+44 (0) 20 3805 4822


 

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. As of June 2018, through the acquisition of Snaitech, Playtech directly owns and operates the leading sports betting and gaming brand in online and retail in Italy, Snai. Snaitech operates a B2B2C model as a service provider to franchisees in the retail market while operating the leading brand, Snai directly online as a B2C business.

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.5,800 employees across 17 countries and is headquartered in the Isle of Man.

 

 

 

                       


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