TIDMSPO

RNS Number : 7272S

Sportech PLC

23 December 2016

23 December 2016

Exercise of Options, Directors' Dealing and Total Voting Rights

Sportech PLC ("Sportech" or the "Company") announces that the Directors referred to below have received ordinary shares of 50p each in the Company ("shares") under the terms of the Company's long term incentive plan (the "Plan").

Following the dealings as set out below, Ian Penrose, Chief Executive Officer of Sportech increased his beneficial interest in the Company by 100,000 shares to 950,000 from 850,000 shares, and Mickey Kalifa, Chief Financial Officer of Sportech, increased his beneficial interest in the Company by 41,205 to 89,613 shares from 48,408 shares.

The shares were exercised on 22 December 2016 for nil consideration pursuant to awards granted under the Plan on 2 December 2011 and 8 March 2012. These awards vested in December 2014 and March 2015, but have been unable to be exercised until now, due to ongoing corporate activity.

 
 Director      Plan              Shares sold              Plan     Total shares    % of 
              shares                                      shares    held after     share 
               being                                     retained      event      capital 
             exercised 
----------  ----------  ------------------------------  ---------  ------------  -------- 
                         Price       Sales      Other 
                           per       for tax     share 
                          share    and dealing   sales 
                                      costs 
----------  ----------  --------  ------------  ------  ---------  ------------  -------- 
    Ian 
  Penrose    367,228    85.1095p    173,116     94,112   100,000     950,000       0.46 
----------  ----------  --------  ------------  ------  ---------  ------------  -------- 
  Mickey 
   Kalifa     77,957    85.1095p     36,752      Nil     41,205       89,613       0.04 
----------  ----------  --------  ------------  ------  ---------  ------------  -------- 
 

Total Voting Rights

Following the exercise of options, Sportech's share capital consists of 206,238,048 ordinary shares of 50p with voting rights. There are no ordinary shares held in treasury. Therefore, the total number of voting rights in Sportech is 206,238,048.

The above figure (206,238,048) 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

Luisa Wright, Group General Counsel & Company Secretary +44 (0)20 7268 2400

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                     Ian Penrose 
---  -----------------------  ------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status          Chief Executive Officer 
---  -----------------------  ------------------------------ 
 b)   Initial notification     Initial Notification 
       /Amendment 
---  -----------------------  ------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                     Sportech Plc 
---  -----------------------  ------------------------------ 
 b)   LEI                      N/A 
---  -----------------------  ------------------------------ 
 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          Ordinary shares of 50 pence 
       instrument,               each 
       type of instrument 
                                 GB00B28ZPV64 
       Identification 
       code 
---  -----------------------  ------------------------------ 
 b)   Nature of the            Exercise of options 
       transaction 
---  -----------------------  ------------------------------ 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                 ----------  ---------- 
                                  Nil         367,228 
                                 ----------  ---------- 
---  -----------------------  ------------------------------ 
 d)   Aggregated information   N/a single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ------------------------------ 
 e)   Date of the              22 December 2016 
       transaction 
---  -----------------------  ------------------------------ 
 f)   Place of the             Off Market 
       transaction 
---  -----------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                     Ian Penrose 
---  -----------------------  ------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status          Chief Executive Officer 
---  -----------------------  ------------------------------ 
 b)   Initial notification     Initial Notification 
       /Amendment 
---  -----------------------  ------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                     Sportech Plc 
---  -----------------------  ------------------------------ 
 b)   LEI                      N/A 
---  -----------------------  ------------------------------ 
 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          Ordinary shares of 50 pence 
       instrument,               each 
       type of instrument 
                                 GB00B28ZPV64 
       Identification 
       code 
---  -----------------------  ------------------------------ 
 b)   Nature of the            Sale of shares 
       transaction 
---  -----------------------  ------------------------------ 
 c)   Price(s) and               Price(s)   Volume(s) 
       volume(s)                 ---------  ---------- 
                                  85.1095p   267,228 
                                 ---------  ---------- 
---  -----------------------  ------------------------------ 
 d)   Aggregated information   N/a single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ------------------------------ 
 e)   Date of the              22 December 2016 
       transaction 
---  -----------------------  ------------------------------ 
 f)   Place of the             LSE 
       transaction 
---  -----------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                     Mickey Kalifa 
---  -----------------------  ------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status          Chief Financial Officer 
---  -----------------------  ------------------------------ 
 b)   Initial notification     Initial Notification 
       /Amendment 
---  -----------------------  ------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                     Sportech Plc 
---  -----------------------  ------------------------------ 
 b)   LEI                      N/A 
---  -----------------------  ------------------------------ 
 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          Ordinary shares of 50 pence 
       instrument,               each 
       type of instrument 
                                 GB00B28ZPV64 
       Identification 
       code 
---  -----------------------  ------------------------------ 
 b)   Nature of the            Exercise of options 
       transaction 
---  -----------------------  ------------------------------ 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                 ----------  ---------- 
                                  Nil         77,957 
                                 ----------  ---------- 
---  -----------------------  ------------------------------ 
 d)   Aggregated information   N/a single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ------------------------------ 
 e)   Date of the              22 December 2016 
       transaction 
---  -----------------------  ------------------------------ 
 f)   Place of the             Off Market 
       transaction 
---  -----------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                     Mickey Kalifa 
---  -----------------------  ------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status          Chief Financial Officer 
---  -----------------------  ------------------------------ 
 b)   Initial notification     Initial Notification 
       /Amendment 
---  -----------------------  ------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                     Sportech Plc 
---  -----------------------  ------------------------------ 
 b)   LEI                      N/A 
---  -----------------------  ------------------------------ 
 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          Ordinary shares of 50 pence 
       instrument,               each 
       type of instrument 
                                 GB00B28ZPV64 
       Identification 
       code 
---  -----------------------  ------------------------------ 
 b)   Nature of the            Sale of shares 
       transaction 
---  -----------------------  ------------------------------ 
 c)   Price(s) and               Price(s)   Volume(s) 
       volume(s)                 ---------  ---------- 
                                  85.1095p   36,752 
                                 ---------  ---------- 
---  -----------------------  ------------------------------ 
 d)   Aggregated information   N/a single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ------------------------------ 
 e)   Date of the              22 December 2016 
       transaction 
---  -----------------------  ------------------------------ 
 f)   Place of the             LSE 
       transaction 
---  -----------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 23, 2016 04:33 ET (09:33 GMT)

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