Sportech PLC Director/PDMR Share Dealing (7967E)
08 July 2019 - 7:30PM
UK Regulatory
TIDMSPO
RNS Number : 7967E
Sportech PLC
08 July 2019
For immediate release
SPORTECH PLC
('Sportech' or the 'Company')
Director/PDMR Share Dealing
On 1 February 2019, the Company announced that, in connection
with the purchase of LOT.TO Systems Limited ('LOT.TO') by the
Company, Richard McGuire, CEO of Sportech, received 100,000
ordinary shares of 20p each in Sportech ('Ordinary Shares') as
consideration for his 5% shareholding in LOT.TO.
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 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 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 Ordinary shares of 20p each in the Company ('Ordinary
instrument Shares')
Identification code
ISIN GB00B28ZPV64
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Ordinary Shares received by Richard McGuire as
consideration for his 5% shareholding in LOT.TO
Systems Limited - a business which was acquired by
Sportech Plc (as announced on 1 February
2019)
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/a 100,000
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume
N/a
- Price
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 7 February 2019
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------------------------------------- -------------------------------------------------------
- Ends -
Contacts:
Sportech PLC Tel: +44 (0) 117 902 9000
Giles Vardey, Non-Executive Chairman
Peel Hunt Tel: +44 (0) 20 7418 8900
(Corporate Broker to Sportech)
Dan Webster / George Sellar / Guy Pengelley
Buchanan Tel: +44 (0) 20 7466 5000
(Financial PR adviser to Sportech) sportech@buchanan.uk.com
Henry Harrison-Topham / Mark Court
/ Jamie Hooper
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(TM) System being the most widely deployed
pari-mutuel betting system globally.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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