Playtech PLC

National Storage Mechanism | Additional information

RNS Number : 2209K

Playtech PLC

14 April 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		Playtech Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	Greenlight Capital, Inc. and each of its affiliates listed below: DME Advisors, LP DME Capital Management, LP Mr. David Einhorn
4. Full name of shareholder(s) (if different from 3.):iv	Greenlight Capital, Inc. DME Advisors, LP DME Capital Management, LP
5. Date of the transaction and date on which the threshold is crossed or reached: v	April 10, 2015
6. Date on which issuer notified:	April 14, 2015
7. Threshold(s) that is/are crossed or reached: vi, vii	Crossing below reportable threshold of 3%.


8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
Ordinary shares	4,976,752			4,976,752			4,100,000		4,100,000			1.40%
VGG7131X1078

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
Total Return Swap		N/A		N/A		N/A			3,843,896				Nominal		Delta
			1.31%

Total (A+B+C)
Number of voting rights								Percentage of voting rights
7,943,896								2.71%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Shares and financial instruments are held by Greenlight Capital, L.P., Greenlight Capital Qualified, L.P., Greenlight Capital Offshore Partners, Greenlight Reinsurance, Ltd., Greenlight Capital (Gold), LP, and Greenlight Capital Offshore Master (Gold), Ltd. The investment manager for Greenlight Capital, LP and Greenlight Capital Qualified, LP is Greenlight Capital, Inc., a Delaware corporation ("GCI"). The investment advisor for Greenlight Capital Offshore Partners is GCI. The investment advisor for Greenlight Reinsurance, Ltd. is DME Advisors, LP, a Delaware limited partnership. The investment manager for Greenlight Capital (Gold), LP is DME Capital Management, LP, a Delaware limited partnership ("DMECM"). The investment advisor for Greenlight Capital Offshore Master (Gold), Ltd. is DMECM. Each of GCI, DME Advisors, LP, and DMECM is controlled by David Einhorn.

Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:	None
14. Contact name:	Harry Brandler, Chief Financial Officer
15. Contact telephone number:	1-212-973-1900

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLSFEFMLFISEEL

AI Terminal