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For immediate release |
24 March 2020 |
SPORTECH PLC
('Sportech' or the 'Company')
Director/PDMR Share Dealing
Sportech PLC (LSE: SPO), the international betting technology business, announces that the Company has been notified that on 23 March 2020, Richard McGuire, CEO of Sportech, purchased 100,000 ordinary shares of 20p each in the capital of Company ('Ordinary Shares') at a price of 11 pence per share.
Following the above purchase, Richard McGuire now holds 1,100,000 Ordinary Shares representing 0.58% 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.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Richard McGuire |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Sportech PLC |
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b) |
LEI |
2138003BHYUQWAYGSK090 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 20p each in the capital of Company ('Ordinary Shares')
ISIN GB00B28ZPV64 |
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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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N/a |
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e) |
Date of the transaction |
23 March 2020 |
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f) |
Place of the transaction |
London Stock Exchange |
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- Ends -
Contacts:
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Sportech PLC |
Tel: +44 (0) 117 902 9000 |
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Giles Vardey, Non-Executive Chairman |
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Peel Hunt |
Tel: +44 (0) 20 7418 8900 |
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(Corporate Broker to Sportech) George Sellar / Andrew Clark |
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Buchanan |
Tel: +44 (0) 20 7466 5000 |
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(Financial PR adviser to Sportech) Henry Harrison-Topham / Mark Court / Jamie Hooper |
sportech@buchanan.uk.com |
Notes to Editors:
About Sportech
Sportech PLC, an international betting technology business, delivers solutions and services for some of the world's best-known gaming companies, sports teams, racetracks, casinos and lottery clients 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 29,000 betting terminals deployed to over 400 clients in 38 countries. Its global systems process US$12.3 billion in betting handle annually. In the US, it operates across 36 states. The Group has invested over US$60 million in the last five years in the successful expansion of its US gaming Venues, the diversification into raffle and lottery gaming platforms, and in developing its technology services, resulting in its proprietary Quantum™ System being the most widely deployed pari-mutuel betting system globally.