Last checked at 24 Jul 2018 17:45
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) |
| ||||
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) |
| ||||
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) |
| ||||
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) |
| ||||
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
|