Edition:
India

Playtech PLC (PTEC.L)

PTEC.L on London Stock Exchange

800.00GBp
24 Apr 2018
Change (% chg)

-23.80 (-2.89%)
Prev Close
823.80
Open
824.40
Day's High
825.00
Day's Low
795.00
Volume
2,307,519
Avg. Vol
1,514,201
52-wk High
1,020.00
52-wk Low
670.00

Latest Key Developments (Source: Significant Developments)

Playtech To Make Takeover Bid On Snaitech At EUR 2.19 /shr In Cash
Thursday, 12 Apr 2018 

April 12 (Reuters) - Snaitech SpA ::PLAYTECH WILL MAKE MANDATORY TAKEOVER OFFER AT PRICE OF INITIAL ACQUISITION, EUR 2.19 PER SHARE IN CASH.  Full Article

Playtech To Buy 70.6 Pct Of Snaitech From Global Games And Oi-Games
Thursday, 12 Apr 2018 

April 12 (Reuters) - Snaitech SpA ::PLAYTECH TO BUY 70.6 PERCENT OF SNAITECH FROM GLOBAL GAMES AND OI-GAMES.PURCHASE PRICE IS EQUAL TO A TOTAL AMOUNT OF EUR 291 MILLION.PURCHASE PRICE WILL BE PAID BY PLAYTECH THROUGH ITS OWN CASH RESOURCES AND NEW DEBT FACILITIES.AFTER CLOSING, PLAYTECH TO BE REQUIRED TO MAKE MANDATORY TAKEOVER OFFER FOR ALL REMAINING SHARES.FOLLOWING THE MANDATORY TAKEOVER OFFER, PLAYTECH INTENDS TO DELIST SNAITECH.MANDATORY TAKEOVER OFFER SHOULD BE COMPLETED BY THE LAST QUARTER OF 2018.  Full Article

Playtech Says Proposed Internal Corporate Re-Organisation Of Playtech BGT Sports Division​
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Playtech Plc ::‍ANNOUNCES PROPOSED INTERNAL CORPORATE RE-ORGANISATION OF PLAYTECH BGT SPORTS DIVISION​.‍DR. SAGEDER'S INTEREST IN BGT WILL BE EXCHANGED FOR EQUIVALENT INTEREST IN PBS WITH ASSOCIATED PUT, CALL OPTION ARRANGEMENTS BEING REVISED ​.ARRANGEMENTS BEING REVISED TO RELATE TO DR.SAGEDER'S PROPOSED 10% INTEREST IN PBS​.‍MAXIMUM AMOUNT PAYABLE PURSUANT TO REVISED ARRANGEMENTS WILL BE INCREASED TO EUR 95 MILLION, AN INCREMENTAL INCREASE OF EUR 35 MILLION VERSUS PREVIOUSLY AGREED CAP​.‍PROPOSED RE-ORGANISATION ARE NOT EXPECTED TO BECOME EFFECTIVE UNTIL NEXT YEAR​.  Full Article

Playtech expects FY performance to be 5 pct below bottom end of market expectations​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Playtech Plc ::Expects group's performance for full year will be around 5 pct below bottom end of market expectations​."Seen a recent slowdown in certain parts of Asia due to recent changing market conditions​".‍"Now not expecting any significant improvement in 2017​".  Full Article

Playtech acquires BetBuddy
Friday, 27 Oct 2017 

Oct 27 (Reuters) - PLAYTECH PLC ::ACQUIRED BETBUDDY, GAMBLING ANALYTICS SOLUTION PROVIDER, FOR AN UNDISCLOSED FEE‍​.  Full Article

Shares in Playtech open 3.3 pct up after co announces special dividend
Thursday, 25 Aug 2016 

Playtech Plc : Shares in Playtech open 3.3 percent up after co says it would return 150 million euros to shareholders via a special dividend Further company coverage: [PTEC.L] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Playtech buys Best Gaming Technology for 138 mln euro
Wednesday, 13 Jul 2016 

Playtech Plc : Has acquired best gaming technology gmbh for eur 138 million. Consideration was paid from playtech's existing cash resources . Has acquired 90% of issued share capital of bgt for eur 138 million, with remaining 10% retained by dr. Armin sageder, bgt's founder and ceo, who will remain with bgt for at least 3 years from completion . Has a call option to purchase remaining 10% of bgt at a valuation of 6x bgt's 2019 ebitda, subject to maximum consideration of eur 55 million for 10% holding .Acquisition is expected to generate high single-digit earnings accretion for Playtech in first full year of ownership.  Full Article

UK's Takeover Panel committee rules on Ladbrokes deal on Playtech
Wednesday, 15 Jun 2016 

Uk's Takeover Panel Hearing Committee : Concluded and rules that there is no basis for requiring publication by ladbrokes of any further information relating . No basis for requiring ladbrokes to call further meeting to vote on resolutions which were before shareholders on 24 nov Further company coverage: [LAD.L].  Full Article

Playtech says acquires Quickspin AB
Tuesday, 24 May 2016 

Playtech Plc : Acquisition of Quickspin AB . Acquisition of Quickspin AB , both in online real money gambling as well as in social gaming market. .Playtech will pay a maximum consideration of 6 times Quickspin's EBITDA in 2018, subject to a cap of 50 million euro.  Full Article

Playtech says 83.08 shareholders at AGM vote to approve directors' pay report
Wednesday, 18 May 2016 

Playtech Plc :83.08 percent of votes cast at agm in favour of remuneration report, 16.92 percent against.  Full Article

BRIEF-LeoVegas: Authentic Gaming Signs Agreements With Playtech And Betsson Group

* LEOVEGAS AB: AUTHENTIC GAMING SIGNS AGREEMENTS WITH PLAYTECH AND BETSSON GROUP