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Playtika Holding Corp. — Director's Dealing 2021
Jan 27, 2021
31933_dirs_2021-01-27_72b5dfee-afb3-42f7-8956-0b36caacdd11.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Playtika Holding Corp. (PLTK)
CIK: 0001828016
Period of Report: 2021-01-25
Reporting Person: Chau On (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 81810506 | Indirect |
Footnotes
F1: 40,905,253 of the total reported securities are beneficially owned directly by 8th Wonder Corporation, which is 100% owned by Trustworthy Group Ltd. Ms. On Chau (the "Reporting Person) is the sole shareholder of Trustworthy Group Ltd. 40,905,253 of the total reported securities are beneficially owned directly by Hotlink Investment Limited, which is 100% owned by Infinite Bandwidth Limited.
F2: The Reporting Person is the sole shareholder of Infinite Bandwidth Limited. By virtue of the above, the Reporting Person beneficially owns 81,810,506 shares of common stock of the Issuer pursuant to a distribution agreement dated as of December 17, 2020 among, inter alios, Playtika Holding UK II Limited ("PHUKII"), 8th Wonder Corporation and Hotlink Investment Limited, which provides that PHUKII must transfer 81,810,506 shares of common stock of the Issuer in the aggregate to 8th Wonder Corporation and Hotlink Investment Limited within 70 calendar days after the first trading day of the common stock of the Issuer.
F3: In connection with this transfer/distribution discussed in footnote 1, each of 8th Wonder Corporation and Hotlink Investment Limited will enter into a lock-up agreement, pursuant to which they have each agreed that, for a period of 365 days beginning on January 14, 2021, the Issuer's common stock cannot be sold without the prior written consent of Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC, as representatives of the underwriters of the Issuer's initial public offering, provided that 50% of the Issuer's common stock held by each of 8th Wonder Corporation and Hotlink Investment Limited will be automatically released from such restrictions immediately after a period of 180 days beginning on January 14, 2021.