TIDMPTEC
RNS Number : 2695E
Playtech PLC
28 June 2023
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT
FOR RELEASE. PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH SUCH RELEASE,
PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT HAVE NOT BEEN
AND WILL NOT BE REGISTERED UNDER THE US SECURITIES ACT 1933, AS
AMED (THE "SECURITIES ACT"), AND MAY NOT BE OFFERED OR SOLD WITHIN
THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S.
PERSONS EXCEPT IN CERTAIN TRANSACTIONS EXEMPT FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT. TERMS USED IN THIS PARAGRAPH
HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE
SECURITIES ACT.
This announcement is not an offer of securities for sale in any
jurisdiction. Investors should not subscribe for or purchase any
securities referred to in this announcement except on the basis of
information in the final offering circular dated 26 June 2023 (the
"Offering Circular") in connection with the proposed admission of
the securities referred to herein to trading on the Global Exchange
Market of Euronext Dublin.
Playtech plc
("Playtech")
Playtech successfully closes EUR300 million bond offering
28 June 2023
Further to the announcement on the 21 June 2023 (the "Pricing
Announcement") that Playtech (LSE: PTEC) successfully priced EUR300
million 5.875 per cent. senior secured notes due 2028 (the "New
Notes"), Playtech today announces that it has successfully closed
the issue of the New Notes at the price confirmed in the Pricing
Announcement. The Offering Circular in respect of the New Notes is
available for viewing online here:
https://ise-prodnr-eu-west-1-data-integration.s3-eu-west-1.amazonaws.com/202306/6124edc1-92c3-4f01-9037-6f4bb66850e6.pdf
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.
- Ends -
Regulatory notice
This announcement does not constitute or form part of any offer
or invitation to sell or issue, or any solicitation of any offer to
purchase or subscribe for, any securities of Playtech or any
related company nor shall it or any part of it nor the fact of its
distribution form the basis of, or be relied on in connection with,
any contractual commitment or investment decision in relation
thereto nor does it constitute a recommendation regarding any
securities.
Any decision to purchase the securities referred to in this
announcement, if any, should be made solely on the basis of
information contained in an offering circular to be published in
relation to such securities. No reliance may be placed for any
purpose whatsoever on the information contained in this
announcement, or any other material discussed verbally, or on its
completeness, accuracy or fairness. This announcement does not
constitute a recommendation regarding any securities by
Playtech.
This announcement has not been approved by the UK Financial
Conduct Authority. This announcement is only being distributed to
and is only directed at persons who meet the requirements of the
following paragraph and who are (i) persons outside the United
Kingdom or (ii) investment professionals falling within Article
19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth
entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order
(all such persons together being referred to as "relevant
persons"). Any investment activity to which this communication may
relate is only available to, and any invitation, offer, or
agreement to engage in such investment activity will be engaged in
only with, relevant persons. Any person who is not a relevant
person should not act or rely on this announcement or any of its
contents.
MIFID II PRODUCT GOVERNANCE/PROFESSIONAL INVESTORS AND ECPS ONLY
TARGET MARKET- The target market assessment in respect of the New
Notes has led to the conclusion that: (i) the target market of the
New Notes is eligible counterparties and professional clients only,
each as defined in Directive 2014/65/EU (as amended, "MiFID II");
and (ii) all channels for the distribution of the New Notes to
eligible counterparties and professional clients are appropriate.
Any person subsequently offering, selling or
recommending the New Notes (a "distributor") should take into
consideration the manufacturers' target market assessment; however,
a distributor subject to MiFID II is responsible for undertaking
its own target market assessment in respect of the New Notes (by
either adopting or refining the manufacturers' target market
assessment) and determining appropriate distribution channels.
UK MIFIR PRODUCT GOVERNANCE/PROFESSIONAL INVESTORS AND ECPS ONLY
TARGET MARKET- The target market assessment in respect of the New
Notes has led to the conclusion that: (i) the target market of the
New Notes is eligible counterparties, as defined in the FCA
Handbook Conduct of Business Sourcebook, and professional clients
only, as defined in Regulation (EU) No 600/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ("EUWA") ("UK MiFIR"); and (ii) all channels for the
distribution of the New Notes to eligible counterparties and
professional clients are appropriate. Any distributor should take
into consideration the manufacturers' target market assessment;
however, a distributor subject to the FCA Handbook Product
Intervention and Product Governance Sourcebook responsible for
undertaking its own target market assessment in respect of the New
Notes (by either adopting or refining the manufacturers' target
market assessment) and determining appropriate distribution
channels.
PROHIBITION OF SALES TO EEA RETAIL INVESTORS- The New Notes are
not intended to be offered, sold or otherwise made available to and
should not be offered, sold or otherwise made available to any
retail investor in the European Economic Area ("EEA"). For these
purposes, a retail investor means a person who is one (or more) of:
(i) a retail client as defined in point (11) of Article 4(1) MiFID
II; or (ii) a customer within the meaning of Directive (EU) 2016/97
where that customer would not qualify as a professional client as
defined in point (10) of Article 4(1) of MiFID II. Consequently, no
key information document required by Regulation (EU) No 1286/2014
(as amended, the "PRIIPs Regulation") for offering or selling the
New Notes or otherwise making them available to retail investors in
the EEA has been prepared and therefore offering or selling the New
Notes or otherwise making them available to any retail investor in
the EEA may be unlawful under the PRIIPs Regulation.
PROHIBITION OF SALES TO UK RETAIL INVESTORS- The New Notes are
not intended to be offered, sold or otherwise made available to and
should not be offered, sold or otherwise made available to any
retail investor in the UK. For these purposes, a retail investor
means a person who is one (or more) of: (i) a retail client as
defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as
it forms part of UK domestic law by virtue of the EUWA; or (ii) a
customer within the meaning of the provisions of the Financial
Services and Markets Act 2000 (the "FSMA") and any rules or
regulations made under the FSMA to implement Directive (EU)
2016/97, where that customer would not qualify as a professional
client, as defined in point (8) of Article 2(1) of Regulation (EU)
No 600/2014 as it forms part of UK domestic law by virtue of the
EUWA. Consequently, no key information document required by the
PRIIPS Regulation as it forms part of UK domestic law by virtue of
the EUWA (the "UK PRIIPS Regulation") for offering or selling the
New Notes or otherwise making them available to retail investors in
the UK has been prepared and therefore offering or selling the New
Notes or otherwise making them available to any retail investor in
the UK may be unlawful under the UK PRIIPs Regulation.
The recipients of this announcement should not engage in any
behaviour in relation to qualifying investments or related
investments (as defined in the Financial Services and Markets Act
2000 (FSMA) and the Code of Market Conduct made pursuant to FSMA)
which would or might amount to market abuse for the purposes of
FSMA nor any other activities which would or might amount to market
abuse or insider dealing for the purposes of any other applicable
laws or regulations.
Neither this announcement nor any copy of it may be taken or
transmitted into, or distributed, directly or indirectly in, the
United States of America, its territories or possessions. This
announcement is not a public offer of securities for sale in the
United States. The securities referred to in this announcement have
not been and will not be registered under the U.S. Securities Act
of 1933, as amended (the "Securities Act") and may not be offered
or sold in the United States absent registration or an exemption
from registration under the Securities Act. Playtech does not
intend to register any portion of the proposed securities offering
under the applicable securities laws of the United States, or
conduct a public offering of any securities in the United States or
to, or for the account or benefit of, U.S. persons (as defined in
Regulation S under the Securities Act). The distribution of this
announcement in other jurisdictions may also be restricted by law,
and persons into whose possession this announcement comes should
inform themselves about, and observe, any such restrictions.
The announcement is not for publication, release or distribution
in any jurisdiction where to do so would constitute a violation of
the relevant laws of such jurisdiction nor should it be taken or
transmitted into such jurisdiction. Failure to comply with this
notice may result in violation of securities law of the relevant
jurisdiction.
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END
MSCKZGZVMRKGFZM
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