30 Apr 2018 14:20
Sportech PLC
('Sportech' or the 'Company')
Exercise of Options, Directors' Dealing and Total Voting Rights
Sportech, the international betting technology business, announces that the Director referred to below has received ordinary shares of 20p each in the Company ('Shares') under the terms of the Company's long-term incentive plan (the 'Plan').
Following the dealing as set out below, Andrew Gaughan, Chief Executive Officer of Sportech increased his beneficial interest in the Company by 43,843 shares to 588,954 from 545,111 shares.
The shares were exercised on 25 April 2018 for nil consideration pursuant to awards granted under the Plan on 9 March 2015.
Director | Plan shares being exercised | Shares sold | Plan shares retained | Total shares held after event | % of share capital | ||
Price per share | Sales for tax and dealing costs | Other share sales | |||||
Andrew Gaughan | 88,041 | 57.204p | 44,198 | Nil | 43,843 | 588,954 | 0.32% |
Total Voting Rights
Following the exercise of options, Sportech's share capital consists of 186,751,257 ordinary shares of 20p with voting rights. There are no ordinary shares held in treasury. Therefore, the total number of voting rights in Sportech is 186,751,257.
The above figure (186,751,257) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Sportech PLC under the Disclosure and Transparency Rules.
- Ends -
For further information, please contact:
Sportech PLC | Tel: +44 (0) 20 7268 2400 |
Richard McGuire, Non-Executive Chairman |
|
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide 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
| Andrew Gaughan | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer | ||||
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
| 2138003BHYUQWAYGSK09 | ||||
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 20 pence each
ISIN GB00B28ZPV64 | ||||
b)
| Nature of the transaction
| Exercise of options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price | N/a single transaction
| ||||
e)
| Date of the transaction | 25 April 2018 | ||||
f) | Place of the transaction
| Off Market | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andrew Gaughan | ||||
2
| Reason for the notification
| |||||
a)
| Position/status | Chief Executive Officer | ||||
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
| 2138003BHYUQWAYGSK09 | ||||
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 20 pence each
ISIN GB00B28ZPV64 | ||||
b)
| Nature of the transaction
| Sale of shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price | N/a single transaction
| ||||
e)
| Date of the transaction | 25 April 2018 | ||||
f) | Place of the transaction
| LSE | ||||