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.
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END
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