Source - RNS
RNS Number : 4104V
Playtech PLC
03 December 2019

Playtech PLC


('Playtech' or the 'Company')


Notice of General Meeting


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations



Playtech announces that, following an extensive Shareholder engagement programme driven by some of the Company's largest institutional Shareholders, the Company is now seeking shareholder approval for the grant to the Chief Executive Officer, Mor Weizer, of a share award linked to long-term shareholder value creation.


The full terms of the award are set out in a circular to shareholders which includes a notice of general meeting to approve the terms of the award which is due to be held at 10.00 am on 19 December 2019.

In accordance with Listing Rule 9.6.1, copies of the circular have been submitted to the National Storage Mechanism and are available to view at and on the Company's website





Details of the person discharging managerial responsibilities / person closely associated



Mor Weizer


Reason for notification



Chief Executive Officer


Initial notification/Amendment

Initial Announcement


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



Playtech plc





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





Nature of the transaction

Grant of a nil cost option award under the Playtech Long Term Incentive Plan 2012


The award will ordinarily become exercisable over the vested shares at such time as the share price performance target that is applicable to such shares is satisfied.


Once vested the award shall ordinarily remain exercisable as to the vested shares until the eve of the tenth anniversary of the grant date of the award.


The option will automatically lapse if the award is not approved by shareholders at the Company's general meeting which is due to be held at 10.00 am on 19 December 2019




Price(s) and volume(s)




Share Price target














Aggregated information

-     Aggregate volume

-     Price

Not applicable - single transaction


Date of transaction

2 December 2019


Place of the transaction

Outside a trading venue


- ENDS -


For further information please contact:


Playtech plc


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.


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. As of June 2018, through the acquisition of Snaitech, Playtech directly owns and operates a leading sports betting and gaming brand in online and retail in Italy, Snai.


Playtech's Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2B and B2C basis.


Playtech has in total c.5,900 employees across 18 countries and is headquartered in the Isle of Man.




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