Source - RNS
RNS Number : 5181X
Playtech PLC
19 December 2019
 

 

 

19th December 2019

 

Playtech plc

(the "Company")

 

Results of General Meeting

 

 

Playtech is pleased to confirm that the proposed resolution at today's General Meeting has now been formally approved by shareholders.

 

For information, the votes cast were as follows:

Resolutions

For

% Votes cast

Against

% Votes cast

Total Votes Cast (excl. Votes Withheld)

Vote Withheld

1.  LTIP grant to Mor Weizer       

127,179,674

54.76

105,080,918

45.24

232,260,592

1,667

 

Fergal Sarsfield of Setanta Asset Management, Playtech's largest shareholder, said: "We are pleased that this long-term incentive package has been approved. Alignment of interest between management and shareholders is something we encourage and value highly. Importantly the package is designed to reward only exceptional long-term performance and the high performance hurdles are representative of the confidence management and shareholders have in the long-term growth potential of Playtech."

 

At 19 December 2019, the issued share capital of the Company was 303,791,693 ordinary shares of no par value (excluding 5,502,550 shares held as Treasury Shares).

 

In accordance with Listing Rule 9.6.2, a copy of the resolution 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 resolution will also be displayed on the Company's corporate website -www.playtech.com

 

- ENDS -

 

For further information please contact:

 

Playtech plc

 

Chris McGinnis, Director of Investor Relations & Strategic Analysis

 

James Newman, Director of Corporate Affairs

 

 

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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