Transaction in Own Shares

RNS Number : 2544R

Playtech PLC

08 December 2016

 

8 December 2016

Playtech plc

("Playtech" or the "Company")

Transaction in Own Shares

Playtech (LSE: PTEC) announces that on 7 December 2016 it purchased 320,000 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:	7 December 2016
Number of ordinary shares purchased:	320,000
Highest price paid per ordinary share:	813.00
Lowest price paid per ordinary share:	797.00
Volume weighted average price paid per ordinary share:	802.31

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 321,524,603, 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:	7 December 2016

Aggregate information:

Aggregated volume	Volume-weighted average price, pence	Venue
320,000	802.31	London Stock Exchange

Individual transactions:

Number of shares purchased	Transaction price (per share)	Time of transaction
100,000	797.50	9:20 AM (UK)
50,000	797.00	9:38 AM (UK)
50,000	797.00	10:18 AM (UK)
30,000	804.00	3:07 PM (UK)
90,000	813.00	4:35 PM (UK)

For further information contact:

Playtech plc	[phone]
Mor Weizer, CEO
Ron Hoffman, CFO
c/o Bell Pottinger
Andrew Smith, Head of Investor Relations	[phone]
Canaccord Genuity   Bruce Garrow	+ 44 (0) 20 7523 8000
Emma Gabriel
Richard Andrews
Bell Pottinger	[phone]
David Rydell
Olly Scott
James Newman

 

END

 

 

POSDMMGZNNDGVZM