Purchase of shares in Plus500 Limited ("Plus500")

RNS Number : 5355Q

Playtech PLC

18 June 2015

 

Playtech plc

("Playtech" or "the Company")

Purchase of shares in Plus500 Limited ("Plus500")

Playtech (LSE:PTEC) announces that, following market purchases this morning, the Playtech group now has a total holding of 10,756,067 ordinary shares in Plus500 (AIM: PLUS), representing 9.36 per cent of Plus500's issued ordinary share capital.

In addition to this 9.36 per cent holding, as previously announced on 1 June 2015, Plus500 founders and members of management, representing 35.6 per cent of Plus 500's issued ordinary share capital, have undertaken to procure the vote in favour of Playtech's cash offer of 400p per Plus500 share. 

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For further information contact:

Playtech plc c/o Bell Pottinger Mor Weizer, CEO Ron Hoffman, CFO Andrew Smith, Head of Investor Relations	[phone]
Bell Pottinger David Rydell / Olly Scott / David Bass / James Newman	[phone]

 

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