Exercise of Options

RNS Number : 5992M

Sportech PLC

30 April 2018

 

Sportech PLC

('Sportech' or the 'Company')

Exercise of Options, Directors' Dealing and Total Voting Rights

Sportech, the international betting technology business, announces that the Director referred to below has received ordinary shares of 20p each in the Company ('Shares') under the terms of the Company's long-term incentive plan (the 'Plan').

Following the dealing as set out below, Andrew Gaughan, Chief Executive Officer of Sportech increased his beneficial interest in the Company by 43,843 shares to 588,954 from 545,111 shares.

The shares were exercised on 25 April 2018 for nil consideration pursuant to awards granted under the Plan on 9 March 2015.

Director	Plan shares being exercised	Shares sold			Plan shares retained	Total shares held after event	% of share capital
		Price per share	Sales for tax and dealing costs	Other share sales
Andrew Gaughan	88,041	57.204p	44,198	Nil	43,843	588,954	0.32%

Total Voting Rights

Following the exercise of options, Sportech's share capital consists of 186,751,257 ordinary shares of 20p with voting rights.  There are no ordinary shares held in treasury.  Therefore, the total number of voting rights in Sportech is 186,751,257.

The above figure (186,751,257) 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, Sportech PLC under the Disclosure and Transparency Rules.

- Ends -

For further information, please contact:

Sportech PLC	Tel: [phone]
Richard McGuire, Non-Executive Chairman

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Gaughan
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sportech PLC
b)	LEI	2138003BHYUQWAYGSK09
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 20 pence each ISIN GB00B28ZPV64
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 88,041
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Gaughan
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sportech PLC
b)	LEI	2138003BHYUQWAYGSK09
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 20 pence each ISIN GB00B28ZPV64
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 57.204p 44,198
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	LSE

 

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