16 Nov 2018 11:42
For immediate release | 16 November 2018 |
SPORTECH PLC
('Sportech' or the 'Company')
Director/PDMR Share Dealing
Sportech PLC (LSE: SPO), the international betting technology business, that the Company has been notified that on 16 November 2018, Richard McGuire, Executive Chairman of Sportech, purchased 250,000 Ordinary Shares ('Ordinary Shares') at 40.6 pence each in the Company.
Following the above purchase, Richard McGuire now holds 770,000 Ordinary Shares representing 0.41% of the issued share capital of the Company.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Richard McGuire | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Sportech PLC | ||||
b) | LEI | 2138003BHYUQWAYGSK090 | ||||
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
ISIN GB00B28ZPV64 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information
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250,000 40.6p | ||||
e) | Date of the transaction | 16 November 2018 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
- Ends -
Contacts:
Sportech PLC | Tel: +44 (0) 20 7268 2400 |
Giles Vardey, Non-Executive Director |
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Peel Hunt | Tel: +44 (0) 20 7418 8900 |
(Corporate Broker to Sportech) Dan Webster / George Sellar |
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Buchanan | Tel: +44 (0) 20 7466 5000 |
(Financial PR adviser to Sportech) Henry Harrison-Topham / Mark Court / Jamie Hooper | sportech@buchanan.uk.com |
Notes to Editors
About Sportech
Sportech PLC, the international betting technology business, provides and operates betting technology solutions for some of the world's best-known gaming companies, sports teams, and horse and greyhound racetracks, as well as owning and operating its own gaming venues in Connecticut under exclusive licences.
The Group focuses on highly regulated markets worldwide. It has more than 27,000 betting terminals deployed to over 400 clients in 37 countries. Its global systems process nearly US$12 billion in betting handle annually. In the US, it operates under 35 licences across 37 states. The Group has invested over US$60 million in the last five years in the successful expansion of its US gaming Venues and in developing its technology services, resulting in its proprietary Quantum™ System being the most widely deployed pari-mutuel betting system globally.