Playtech
plc
("Playtech" or the
"Company")
Results
of General Meeting
Following the General Meeting, which
was held earlier today, Playtech (LSE: PTEC) is pleased to announce
that the Resolutions set out in the Notice of General Meeting
within the Circular published on 27 November 2024 were all duly
passed by shareholders by means of a poll vote.
For information, the votes cast on
the Resolutions were as follows:
|
Resolutions
|
Votes
For
|
% Votes
cast
|
Votes
Against
|
% Votes
cast
|
Total
Votes Cast (excl. Votes Withheld)
|
% of ISC
Voted*
|
Votes
Withheld
|
|
1. To approve and adopt the revised
Directors' Remuneration Policy
|
148,939,100
|
59.04%
|
103,317,987
|
40.96%
|
252,257,087
|
81.56%
|
1,309,976
|
|
2. To approve the
Playtech plc Shareholder Incentive Plan
(Directors)
|
169,933,226
|
67.36%
|
82,331,124
|
32.64%
|
252,264,350
|
81.56%
|
1,302,713
|
|
3. To approve the
Playtech plc Transformation Plan
|
156,018,691
|
61.53%
|
97,537,532
|
38.47%
|
253,556,223
|
81.98%
|
10,840
|
|
4. To approve a revised Rule 2.2 of
the Playtech plc Restricted Share Plan 2024
|
163,623,627
|
64.53%
|
89,933,398
|
35.47%
|
253,557,025
|
81.98%
|
10,038
|
|
5. To approve the temporary increase
in the limit on directors' fees contained in Article 95 to
£3,000,000 per annum
|
183,986,910
|
73.04%
|
67,922,099
|
26.96%
|
251,909,009
|
81.45%
|
1,658,054
|
Prior to the General Meeting, there
was extensive consultation with a broad spectrum of the Company's
shareholders on the Resolutions and, in particular, the revised
directors' remuneration policy and two new long-term incentive
plans.
The Board of Playtech is grateful
for the engagement of its shareholders in advance of the General
Meeting and is pleased that all Resolutions were passed. The Board
notes, however, the level of votes against the Resolutions.
Playtech will continue to engage with its shareholders regarding
the implementation of the Resolutions and, in accordance with the
UK Corporate Governance Code, the Company will publish an update on
its continued engagement within six months of the General Meeting.
* As at 8:00
pm on 17 December 2024, being the record time and date for
eligibility to vote at the General Meeting, the Company's issued
share capital comprised 309,294,243 ordinary shares of no par value
(at which time the Company held no shares in treasury). Each such
share carries the right to one vote at a general meeting of
Playtech and, therefore, the total number of voting rights in
Playtech as at 8:00 pm on 17 December 2024 was
309,294,243.
The results of the poll have been
submitted to the National Storage Mechanism, and will shortly be
available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
and on the Company's website
https://www.investors.playtech.com/.
The full text of the Resolutions is
set out in the Notice of General Meeting contained in Part 6 of the
Circular published by the Company on 27 November 2024, which is
available for inspection on the National Storage Mechanism
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
and on the Company's website
https://www.investors.playtech.com/.
In accordance with UK Listing Rule
6.4.2R, copies of the Resolutions passed at the General Meeting
will be submitted to the National Storage Mechanism and will be
available for viewing in due course at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Copies of these will also be made available for viewing in due
course on the Company's website https://www.investors.playtech.com/.
-
ENDS -
For
further information contact:
|
Playtech plc
Sandeep Gandhi, Head of Investor
Relations
|
+44 (0) 20 3805 4822
|
|
Headland (PR adviser to Playtech)
Lucy Legh, Jack Gault
|
+44 (0) 20 3805 4822
|
About Playtech
Founded in 1999 and with a listing
on the Main Market of the London Stock Exchange, Playtech is a
technology leader in the gambling industry with over 7,900
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 online and
retail value chain. Playtech provides its technology on a B2B basis
to the industry's leading online and retail operators, land-based
casino groups and government sponsored entities such as lotteries.
The Playtech Group owns and operates Snaitech, one of the leading
sports betting and gaming companies in online and retail in
Italy.