Playtech PLC

Remuneration Information • Dec 22, 2016

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RNS Number : 6658S

Playtech PLC

22 December 2016

PLAYTECH PLC

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 21 December 2016, the following awards under the Playtech Long Term Incentive Plan 2012 (the "Plan") were made to certain PDMRs of the Company:

PDMR	No. of shares under award
Mor Weizer	110,038
Ron Hoffman	51,193
Shimon Akad	47,498
Uri Levy	37,999

The awards are structured as nil cost options over ordinary shares of no par value.

The awards will ordinarily become exercisable as from 1 March 2019, subject to the grantee's continued service and to the extent to which earnings per share growth and total shareholder return performance conditions are satisfied over measurement period comprising three financial years of the Company commencing with the current financial year. 

Once exercisable, an award shall ordinarily remain exercisable as it to its vested shares until the eve of the tenth anniversary of the grant date of the awards.

Details of the full notifications received by the Company are set out below.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mor Weizer

2

Reason for Notification

a)

Position/status

Chief Executive 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

N/A

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 instrument, type of instrument

Identification code

Ordinary Shares of Playtech plc of no par value

IM00B7S9G985

b)

Nature of the transaction

Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2019 subject to continued service and to the extent to which performance conditions are satisfied. 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	110,038

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

21 December 2016

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ron Hoffman

2

Reason for Notification

a)

Position/status

Chief Financial 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

N/A

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 instrument, type of instrument

Identification code

Ordinary Shares of Playtech plc of no par value

IM00B7S9G985

b)

Nature of the transaction

Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2019 subject to continued service and to the extent to which performance conditions are satisfied. 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	51,193

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

21 December 2016

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

N/A

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 instrument, type of instrument

Identification code

Ordinary Shares of Playtech plc of no par value

IM00B7S9G985

b)

Nature of the transaction

Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2019 subject to continued service and to the extent to which performance conditions are satisfied. 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	47,498

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

21 December 2016

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

VP 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

N/A

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 instrument, type of instrument

Identification code

Ordinary Shares of Playtech plc of no par value

IM00B7S9G985

b)

Nature of the transaction

Grant of a nil cost option award under the Company's LTIP. The award will ordinarily become exercisable as from 1 March 2019 subject to continued service and to the extent to which performance conditions are satisfied. 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	37,999

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

21 December 2016

f)

Place of the transaction

Outside a trading venue

Enquiries:                 

Brian Moore       Company Secretary

Playtech plc

Tel: +44(0) 1624 645999

22 December 2016

This information is provided by RNS

The company news service from the London Stock Exchange

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