Playtech PLC

AGM Information • May 16, 2018

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RNS Number : 3274O

Playtech PLC

16 May 2018

Playtech plc (the "Company")

Results of Annual General Meeting

Playtech PLC announces that at its Annual General Meeting (AGM), held today, 16 May 2018, resolutions set out in the Notice of Annual General Meeting dated 12 April 2018, were duly passed by shareholders by means of a poll vote, with the exception of the Annual Report on Remuneration.

Disclosure under E.2.2 of the UK Corporate Governance Code (the "Code")

Ahead of the AGM, Playtech conducted an in-depth shareholder engagement programme in order to better understand shareholders' objections to specific parts of the remuneration policy.

In what is a highly active and dynamic sector, Playtech's Remuneration Committee has sought to balance the parameters of a publicly listed company's remuneration policy with the need to retain and incentivise its leadership team.  

The Company has considered the reasons for the results of today's meeting, reflected in the voting results regarding the remuneration report and the re-election of John Jackson, the Chairman of the Remuneration Committee and Alan Jackson, Chairman of the Board, and will take these into account in the implementation of its remuneration policy going forwards. Playtech intends to review the composition of its Remuneration Committee and discussions are also underway with potential candidates to join the Board as a non-executive director.  

Alan Jackson, Group Chairman, said: "We have listened to our shareholders and we understand their concerns. We are committed to working with shareholders to address the issues raised going forward".

For information, the votes cast were as follows:

Resolutions	For	% Votes cast	Against	% Votes cast	Total Votes Cast (excl. Votes Withheld)	Vote Withheld
1.  Report and accounts	230,164,829	99.14	2,002,357	0.86	232,167,186	649,645
2.  Remuneration Report	93,840,469	40.62	137,203,120	59.38	231,043,589	1,773,241
3.  Reappoint the auditors	230,488,566	99.00	2,327,666	1.00	232,816,232	598
4.  Final Dividend	232,516,831	99.87	300,000	0.13	232,816,831	0
5.  Re-Elect Paul Hewitt	219,251,456	94.17	13,565,369	5.83	232,816,825	6
6.  Re-Elect John Jackson	132,808,224	57.04	100,008,600	42.96	232,816,824	6
7.  Re-Elect Claire Milne	217,974,487	93.62	14,842,338	6.38	232,816,825	6
8.  Re-Elect Andrew Thomas	217,134,372	93.26	15,682,453	6.74	232,816,825	6
9.  Re-Elect Alan Jackson	150,654,280	64.83	81,725,415	35.17	232,379,695	437,135
10. Re-Elect Andrew Smith	232,085,076	99.69	731,749	0.31	232,816,825	6
11. Re-Elect Mor Weizer	232,133,548	99.71	683,277	0.29	232,816,825	6
12. Authority to allot shares	230,564,144	99.03	2,247,181	0.97	232,811,325	5,506
13. Disapply pre-emption rights	220,864,771	94.87	11,946,403	5.13	232,811,174	5,656
14. Purchase own shares	231,979,986	99.69	715,635	0.31	232,695,621	121,209

At 16 May 2018, the issued share capital of the Company was 317,344,603 ordinary shares of no par value.

In accordance with Listing Rule 9.6.2, copies of the resolutions 12, 13 and 14 will be submitted to the National Storage Mechanism and will be available for viewing at www.morningstar.co.uk/uk/nsm

The proxy figures for the resolutions will also displayed on the Company's corporate website -www.playtech.com

- Ends -

For further information, contact:

Playtech plc Mor Weizer, Chief Executive Officer Andrew Smith, Chief Financial Officer c/o Headland James Newman, Head of Investor Relations & Corporate Communications	+44 (0)20 3805 4822
Headland Consultancy Lucy Legh, Stephen Malthouse	+44 (0)20 3805 4822

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a market leader in the gambling and financial trading industries.

Playtech is the gambling industry's leading software and services supplier to many of the world's leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering includes casino, live casino, bingo, poker and sports betting.

It is the pioneer of omni-channel gambling which, through Playtech ONE, offers operators and their customers a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution. Playtech's Financials Division, named TradeTech Group, operates both on a B2C and B2B basis.

Playtech has in total c.5,000 employees across 17 countries.

This information is provided by RNS

The company news service from the London Stock Exchange

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