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Playtech CEO of Snaitech Exercises and Sells Shares

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Playtech CEO of Snaitech Exercises and Sells Shares

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Playtech ( (GB:PTEC) ) has shared an update.

Playtech announced the exercise and sale of 100,000 ordinary shares by Fabio Schiavolin, CEO of Snaitech, under the Playtech Long Term Incentive Plan 2012. This transaction, conducted on the London Stock Exchange, reflects the company’s adherence to the UK Market Abuse Regulation and may have implications for its stock value and investor perceptions.

More about Playtech

Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling industry with over 8,300 employees across 19 countries. It delivers business intelligence-driven gambling software, services, content, and platform technology across popular product verticals such as casino, live casino, sports betting, bingo, and poker. Playtech is known for its omni-channel gambling technology through its integrated platform, Playtech ONE, which offers data-driven marketing, single wallet functionality, CRM, and responsible gambling solutions.

YTD Price Performance: 2.80%

Average Trading Volume: 532,974

Technical Sentiment Signal: Sell

Current Market Cap: £2.24B

For detailed information about PTEC stock, go to TipRanks’ Stock Analysis page.

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