Playtech PLC

AGM Information • Jun 30, 2022

National Storage Mechanism | Additional information

RNS Number : 8812Q

Playtech PLC

30 June 2022

Playtech plc (the "Company")

Results of Annual General Meeting

Playtech plc announces that at its Annual General Meeting (AGM), held today, 30 June 2022, ordinary resolutions nos. 1 to 12 set out in the Notice of Annual General Meeting dated 27 May 2022, were duly passed by shareholders by means of a poll vote. Special resolution no. 15 was also passed by shareholders by means of a poll vote. Special resolutions nos. 13 and 14 did not meet the required 75% threshold and therefore were not approved.

For information, the votes cast were as follows:

Resolutions	For	% Votes cast	Against	% Votes cast	Total Votes Cast (excl. Votes Withheld)	Votes Withheld
1.  Report and accounts	238,126,416	100.00	1,000	0.00	238,127,416	240,677
2.  Remuneration Report	166,001,674	69.67	72,258,663	30.33	238,260,337	107,756
3.  Reappoint the auditors	236,093,157	99.05	2,273,474	0.95	238,366,631	1,462
4.  Elect Brian Mattingley	232,184,978	98.14	4,400,750	1.86	236,585,728	1,782,365
5.  Re-Elect Ian Penrose	218,200,630	91.54	20,167,463	8.46	238,368,093	0
6.  Re-Elect Anna Massion	226,855,320	95.17	11,512,773	4.83	238,368,093	0
7.  Re-Elect John Krumins	236,109,856	99.05	2,258,237	0.95	238,368,093	0
8.  Elect Linda Marston-Weston	238,074,637	99.88	293,456	0.12	238,368,093	0
9.  Re-Elect Andrew Smith	222,540,029	99.84	361,036	0.16	222,901,065	15,467,028
10. Re-Elect Moran Weizer	222,502,194	99.82	398,871	0.18	222,901,065	15,467,028
11. Directors Power to allot shares	237,552,435	99.70	709,382	0.30	238,261,817	106,276
12. Long term incentive plan	238,221,238	99.98	40,229	0.02	238,261,467	106,626
13. Disapplication of Pre-Emption rights	137,858,941	58.04	99,664,114	41.96	237,523,055	845,038
14. Further disapplication of Pre-Emption rights	138,371,845	58.05	99,993,449	41.95	238,365,294	2,799
15. Market purchase of own shares	238,278,383	99.99	32,089	0.01	238,310,472	57,621

The Board notes that resolution 2, an advisory vote on the Remuneration Report, was passed with the necessary majority but received less than 80% of votes in favour.

Following an extended period of shareholder and stakeholder engagement, the Remuneration Committee has introduced material changes to the Company's Remuneration Policy, itself approved at last year's AGM.

Whilst shareholders noted the significant improvement to remuneration, it is clear that a number of shareholders did not agree with the decision to grant a one-off share award to the Chief Executive Officer in 2019, which partially vested in 2021. This award was the result of an extensive shareholder engagement programme driven by some of the Company's largest institutional investors. The requisite majority of shareholders voted in favour of the scheme at a General Meeting in December 2019, with many citing the better alignment between management and shareholders.

Playtech has already begun engaging with those shareholders who voted against this resolution and will continue consulting with them to understand their specific concerns. The Company will provide an update on this in the coming months in line with the UK Corporate Governance Code.

At 30 June 2022, the issued share capital of the Company was 306,356,693 ordinary shares of no par value (excluding 2,937,550 shares held as treasury shares).

In accordance with Listing Rule 9.6.2, copies of the resolutions (other than those concerning ordinary business) will be submitted to the National Storage Mechanism and will be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

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

-  Ends -

For further information please contact:

Playtech plc                                                      +44 (0) 16 2464 5954

Chris McGinnis, Director of Investor Relations &

Strategic Analysis

Headland (PR adviser to Playtech)                     +44 (0) 20 3805 4822

Lucy Legh, Stephen Malthouse, Jack Gault

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries with over 6,600 employees across 26 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 retail and online value chain. Playtech provides its technology on a B2B basis to the industry's leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. Playtech directly owns and operates Snai, the leading sports betting and gaming brand across online and retail in Italy.

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