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Playtech ( (GB:PTEC) ) has issued an announcement.
Playtech has announced that Fabio Schiavolin, CEO of Snaitech, exercised options and sold 25,000 shares of the company under the Playtech Long Term Incentive Plan 2012. This transaction, conducted on the London Stock Exchange, reflects Playtech’s ongoing commitment to transparency and adherence to the UK Market Abuse Regulation. The sale, totaling £190,000, highlights the active participation of Playtech’s management in its equity, potentially impacting investor confidence and market perception.
More about Playtech
Founded in 1999 and listed on the London Stock Exchange, Playtech is a leading technology company in the gambling industry. It offers a range of products and services, including gambling software, services, and platform technology for casinos, sports betting, virtual sports, bingo, and poker. Playtech is known for its omni-channel gambling technology through its integrated platform, Playtech ONE, and partners with top brands in regulated markets to deliver data-driven gambling technology.
YTD Price Performance: 5.59%
Average Trading Volume: 546,742
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.3B
Learn more about PTEC stock on TipRanks’ Stock Analysis page.