TIDMPTEC

RNS Number : 6757Y

Playtech PLC

09 May 2023

Playtech PLC

('Playtech' or the 'Company')

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 5 May 2023, the following awards under the Playtech Long Term Incentive Plan 2022 (the "Plan") were made to certain PDMRs of the Company:

 
 PDMR                No. of shares under award 
 Mor Weizer          292,548 
                    -------------------------- 
 Chris McGinnis       90,988 
                    -------------------------- 
 Shimon Akad         110,806 
                    -------------------------- 
 Uri Levy             79,939 
                    -------------------------- 
 Fabio Schiavolin    151,707 
                    -------------------------- 
 

The awards are structured as nil cost options over ordinary shares of no par value, and, subject to certain conditions, will ordinarily become exercisable as from 5 May 2026. Once exercisable, an award shall ordinarily remain exercisable as to its vested shares until the eve of the tenth anniversary of the grant date of the awards.

Further details of the awards are set out below.

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                              Mor Weizer 
     --------------------------------  --------------------------------------------- 
      Reason for Notification 
  2 
     ------------------------------------------------------------------------------- 
 a)   Position/status                   Chief Executive Officer 
     --------------------------------  --------------------------------------------- 
 b)   Initial notification/Amendment    Initial Announcement 
     --------------------------------  --------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------- 
 a)   Name                              Playtech plc 
     --------------------------------  --------------------------------------------- 
 b)   LEI                               21380068TTB6Z9ZEU548 
     --------------------------------  --------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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      Ordinary Shares of Playtech plc of 
       instrument, type of instrument    no par value 
       Identification code               IM00B7S9G985 
     --------------------------------  --------------------------------------------- 
 b)   Nature of the transaction         Grant of a nil cost option award under 
                                         the Company's LTIP Scheme. The award 
                                         will ordinarily become exercisable 
                                         as from 5 May 2026, subject to continued 
                                         service and the extent to which performance 
                                         conditions consisting of both total 
                                         shareholder return and earnings per 
                                         share performance are satisfied. In 
                                         the case of total shareholder return, 
                                         performance will be measured over 
                                         the three-year period ending on 4 
                                         May 2026. In the case of earnings 
                                         per share, performance will be measured 
                                         over the three financial years ending 
                                         on 31 December 2025. Once exercisable, 
                                         the award shall ordinarily remain 
                                         exercisable as 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         292,548 
                                                     ---------- 
     --------------------------------  --------------------------------------------- 
 d)        Aggregated information       Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     --------------------------------  --------------------------------------------- 
 e)   Date of the transaction           5 May 2023 
     --------------------------------  --------------------------------------------- 
 f)   Place of the transaction          Outside a trading venue 
     --------------------------------  --------------------------------------------- 
 
 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                              Chris McGinnis 
     --------------------------------  --------------------------------------------- 
      Reason for Notification 
  2 
     ------------------------------------------------------------------------------- 
 a)   Position/status                   Chief Financial Officer 
     --------------------------------  --------------------------------------------- 
 b)   Initial notification/Amendment    Initial Announcement 
     --------------------------------  --------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------- 
 a)   Name                              Playtech plc 
     --------------------------------  --------------------------------------------- 
 b)   LEI                               21380068TTB6Z9ZEU548 
     --------------------------------  --------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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      Ordinary Shares of Playtech plc of 
       instrument, type of instrument    no par value 
       Identification code               IM00B7S9G985 
     --------------------------------  --------------------------------------------- 
 b)   Nature of the transaction         Grant of a nil cost option award under 
                                         the Company's LTIP Scheme. The award 
                                         will ordinarily become exercisable 
                                         as from 5 May 2026, subject to continued 
                                         service and the extent to which performance 
                                         conditions consisting of both total 
                                         shareholder return and earnings per 
                                         share performance are satisfied. In 
                                         the case of total shareholder return, 
                                         performance will be measured over 
                                         the three-year period ending on 4 
                                         May 2026. In the case of earnings 
                                         per share, performance will be measured 
                                         over the three financial years ending 
                                         on 31 December 2025. Once exercisable, 
                                         the award shall ordinarily remain 
                                         exercisable as 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         90,988 
                                                     ---------- 
     --------------------------------  --------------------------------------------- 
 d)        Aggregated information       Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     --------------------------------  --------------------------------------------- 
 e)   Date of the transaction           5 May 2023 
     --------------------------------  --------------------------------------------- 
 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     Ordinary Shares of Playtech plc of 
       instrument, type of              no par value 
       instrument                       IM00B7S9G985 
       Identification code 
     -------------------------------  --------------------------------------------- 
 b)   Nature of the transaction        Grant of a nil cost option award under 
                                        the Company's LTIP Scheme. The award 
                                        will ordinarily become exercisable 
                                        as from 5 May 2026, subject to continued 
                                        service and the extent to which performance 
                                        conditions consisting of both total 
                                        shareholder return and earnings per 
                                        share performance are satisfied. In 
                                        the case of total shareholder return, 
                                        performance will be measured over the 
                                        three-year period ending on 4 May 2026. 
                                        In the case of earnings per share, 
                                        performance will be measured over the 
                                        three financial years ending on 31 
                                        December 2025. Once exercisable, the 
                                        award shall ordinarily remain exercisable 
                                        as 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         110,806 
                                                    ---------- 
     -------------------------------  --------------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  --------------------------------------------- 
 e)   Date of the transaction          5 May 2023 
     -------------------------------  --------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Uri Levy 
     -------------------------------  --------------------------------------------- 
 2    Reason for Notification 
     ------------------------------------------------------------------------------ 
 a)   Position/status                  Vice President Business Development 
     -------------------------------  --------------------------------------------- 
 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     Ordinary Shares of Playtech plc of 
       instrument, type of              no par value 
       instrument                       IM00B7S9G985 
       Identification code 
     -------------------------------  --------------------------------------------- 
 b)   Nature of the transaction        Grant of a nil cost option award under 
                                        the Company's LTIP Scheme. The award 
                                        will ordinarily become exercisable 
                                        as from 5 May 2026, subject to continued 
                                        service and the extent to which performance 
                                        conditions consisting of both total 
                                        shareholder return and earnings per 
                                        share performance are satisfied. In 
                                        the case of total shareholder return, 
                                        performance will be measured over the 
                                        three-year period ending on 4 May 2026. 
                                        In the case of earnings per share, 
                                        performance will be measured over the 
                                        three financial years ending on 31 
                                        December 2025. 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         79,939 
                                                    ---------- 
     -------------------------------  --------------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  --------------------------------------------- 
 e)   Date of the transaction          5 May 2023 
     -------------------------------  --------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Fabio Schiavolin 
     -------------------------------  --------------------------------------------- 
 2    Reason for Notification 
     ------------------------------------------------------------------------------ 
 a)   Position/status                  Chief Executive Officer - Snaitech 
                                        S.p.A. 
     -------------------------------  --------------------------------------------- 
 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     Ordinary Shares of Playtech plc of 
       instrument, type of              no par value 
       instrument                       IM00B7S9G985 
       Identification code 
     -------------------------------  --------------------------------------------- 
 b)   Nature of the transaction        Grant of a nil cost option award under 
                                        the Company's LTIP Scheme. The award 
                                        will ordinarily become exercisable 
                                        as from 5 May 2026, subject to continued 
                                        service and the extent to which performance 
                                        conditions consisting of both total 
                                        shareholder return and earnings per 
                                        share performance are satisfied. In 
                                        the case of total shareholder return, 
                                        performance will be measured over the 
                                        three-year period ending on 4 May 2026. 
                                        In the case of earnings per share, 
                                        performance will be measured over the 
                                        three financial years ending on 31 
                                        December 2025. Once exercisable, the 
                                        award shall ordinarily remain exercisable 
                                        as 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         151,707 
                                                    ---------- 
     -------------------------------  --------------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  --------------------------------------------- 
 e)   Date of the transaction          5 May 2023 
     -------------------------------  --------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  --------------------------------------------- 
 

- ENDS -

For further information please contact:

 
 Playtech plc                                  +44 (0) 20 3805 4822 
 Sandeep Gandhi, Head of Investor Relations 
 Headland (PR adviser to Playtech)             +44 (0) 20 3805 4822 
 Lucy Legh, Jack Gault 
 

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling industry with over 7,000 employees across 20 countries.

Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry's most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.

Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry's leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. Playtech directly owns and operates Snaitech, the leading sports betting and gaming company in online and retail in Italy.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUPUWUAUPWPGR

(END) Dow Jones Newswires

May 09, 2023 02:00 ET (06:00 GMT)

Playtech (LSE:PTEC)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Playtech Charts.
Playtech (LSE:PTEC)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Playtech Charts.