Remuneration Information • Jun 29, 2017
Remuneration Information
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RNS Number : 6535J
Playtech PLC
29 June 2017
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 28 June 2017, 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 | 207,792 |
| Andrew Smith | 54,545 |
| Shimon Akad | 41,558 |
| Ron Hoffman | 66,234 |
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 2020, 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
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 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 2020 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 | 207,792 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
28 June 2017
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Smith
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
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 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 2020 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 | 54,545 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
28 June 2017
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 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 2020 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 | 41,558 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
28 June 2017
f)
Place of the transaction
Outside a trading venue
Details of the person discharging managerial responsibilities / person closely associated
Name
Ron Hoffman
Reason for Notification
Position/status
Chief Executive Officer - Financials Division
Initial notification/Amendment
Initial Announcement
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Playtech plc
LEI
21380068TTB6Z9ZEU548
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
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of Playtech plc of no par value
IM00B7S9G985
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 2020 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.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 66,234 |
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
Date of the transaction
28 June 2017
Place of the transaction
Outside a trading venue
Enquiries:
James Newman
Head of Investor Relations
Playtech plc
Tel: +44(0) 1624 645954
29 June 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
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