Playtech PLC — Director's Dealing 2018

Jul 24, 2018

National Storage Mechanism | Additional information

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RNS Number : 6368V

Playtech PLC

24 July 2018

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 23 July 2018, 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
Shimon Akad	74,766
Ron Hoffman	119,159
Uri Levy	112,150
Fabio Schiavolin	195,066

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 2021 (save for Mr. Schiavolin's award which will ordinarily become exercisable as from 18 July 2021), subject to the grantee's continued service. 

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

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 2021 subject to continued service. 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	74,766

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

23 July 2018

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 Executive Officer - Financials Division

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 2021 subject to continued service. 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	119,159

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

23 July 2018

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

Vice President 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

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 2021 subject to continued service. 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	112,150

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

23 July 2018

f)

Place of the transaction

Outside a trading venue

Details of the person discharging managerial responsibilities / person closely associated

Name

Fabio Schiavolin

Reason for Notification

Position/status

Chief Executive Officer - Snaitech S.p.A.

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 18 July 2021 subject to continued service. 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	195,066

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

Date of the transaction

23 July 2018

Place of the transaction

Outside a trading venue

Enquiries:

Playtech PLC Mor Weizer, CEO Andrew Smith, CFO James Newman, Head of Investor Relations & Corporate Communications	+44 1624 645954
Headland PR adviser to Playtech Lucy Legh / Stephen Malthouse	+44 (0) 20 3805 4822

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