Director/PDMR Shareholding

RNS Number : 6535J

Playtech PLC

29 June 2017

 

PLAYTECH PLC

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 28 June 2017, the following awards under the Playtech Long Term Incentive Plan 2012 (the "Plan") were made to certain PDMRs of the Company:

PDMR	No. of shares under award
Mor Weizer	207,792
Andrew Smith	54,545
Shimon Akad	41,558
Ron Hoffman	66,234

The awards are structured as nil cost options over ordinary shares of no par value.

The awards will ordinarily become exercisable as from 1 March 2020, subject to the grantee's continued service and to the extent to which earnings per share growth and total shareholder return performance conditions are satisfied over measurement period comprising three financial years of the Company commencing with the current financial year. 

Once exercisable, an award shall ordinarily remain exercisable as it to its vested shares until the eve of the tenth anniversary of the grant date of the awards.

Details of the full notifications received by the Company are set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mor Weizer
2	Reason for Notification
a)	Position/status	Chief Executive 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. The award will ordinarily become exercisable as from 1 March 2020 subject to continued service and to the extent to which performance conditions are satisfied. 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)	Price(s) Volume(s) Nil 207,792
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	28 June 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Smith
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. The award will ordinarily become exercisable as from 1 March 2020 subject to continued service and to the extent to which performance conditions are satisfied. 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)	Price(s) Volume(s) Nil 54,545
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	28 June 2017
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. The award will ordinarily become exercisable as from 1 March 2020 subject to continued service and to the extent to which performance conditions are satisfied. 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)	Price(s) Volume(s) Nil 41,558
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	28 June 2017
f)	Place of the transaction	Outside a trading venue

Details of the person discharging managerial responsibilities / person closely associated
Name	Ron Hoffman
Reason for Notification
Position/status	Chief Executive Officer - Financials Division
Initial notification/Amendment	Initial Announcement
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Playtech plc
LEI	21380068TTB6Z9ZEU548
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
Description of the financial instrument, type of instrument Identification code	Ordinary Shares of Playtech plc of no par value IM00B7S9G985
Nature of the transaction	Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2020 subject to continued service and to the extent to which performance conditions are satisfied. 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.
Price(s) and volume(s)	Price(s) Volume(s) Nil 66,234
Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
Date of the transaction	28 June 2017
Place of the transaction	Outside a trading venue

Enquiries:

James Newman

Head of Investor Relations

Playtech plc

  Tel: [phone]

 
  29 June 2017

 

END

 

 

DSHPGUAWQUPMGQB