Transaction in Own Shares

RNS Number : 1395R
Playtech PLC
07 December 2016
 

7 December 2016

 

 

Playtech plc

 

("Playtech" or the "Company")

 

Transaction in Own Shares

 

 

Playtech (LSE: PTEC) announces that on 6 December 2016 it purchased 780,000 ordinary shares in the Company on the London Stock Exchange (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") announced on 6 December 2016, as follows:

 

 

Date of purchase:             

6 December 2016



Number of ordinary shares purchased:

780,000



Highest price paid per ordinary share:

816.63



Lowest price paid per ordinary share:

797.75

Volume weighted average price paid per ordinary share:

807.79

 

Application will be made for the Repurchased Shares to be cancelled. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 321,844,603, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Playtech under the FCA's Disclosure Guidance and Transparency Rules. The Company holds no shares in treasury.   

 

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.

 

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Playtech which were all executed through the Company's broker, Canaccord Genuity Limited, are set out below:

 

Schedule of Purchases: 

Shares purchased:        

Playtech plc (ISIN: IM00B7S9G985)

Date of purchases:        

6 December 2016



 

Aggregate information:

Aggregated volume                

Volume-weighted

average price, pence

Venue

780,000

807.79

London Stock Exchange

 

Individual transactions:

Number of shares
purchased

Transaction price
(per share)

Time of transaction

225,000

810.75

1:19 PM (UK)

150,000

816.63

12:34 PM (UK)

100,000

809.50

1:53 PM (UK)

100,000

803.00

3:44 PM (UK)

75,000

797.75

4:25 PM (UK)

50,000

798.50

4:08 PM (UK)

30,000

803.00

3:45 PM (UK)

25,000

804.75

3:40 PM (UK)

25,000

798.00

4:36 PM (UK)

 

 

 

For further information contact:

 

Playtech plc                                                                            

+44 (0)20 3772 2500

Mor Weizer, CEO


Ron Hoffman, CFO


c/o Bell Pottinger                                                                                  


Andrew Smith, Head of Investor Relations                                                                           

+44 (0)1624 645954



Canaccord Genuity  

Bruce Garrow

+ 44 (0) 20 7523 8000

Emma Gabriel


Richard Andrews




Bell Pottinger

+44 (0)20 3772 2500

David Rydell                                                                                         


Olly Scott


James Newman


 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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