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PTEC

1.34%
NEUTRAL

Playtech Director Sells Shares

Why we think this is neutral

This RNS announcement is a routine notification of director share dealings, which does not provide any significant new information about Playtech's business performance or outlook. The sale of shares by the CEO of Snaitech, a subsidiary of Playtech, is not unexpected and does not indicate any major concerns.

Key Points

  • Fabio Schiavolin, CEO of Snaitech, exercised options and sold 75,000 Playtech shares
  • Schiavolin also sold an additional 20,000 Playtech shares

Summary

The retailer has announced a director has sold a portion of their shareholding in the company.

Playtech plc has announced that Fabio Schiavolin, Chief Executive Officer of Snaitech, has exercised options over and subsequently sold 75,000 ordinary shares in the company. Additionally, Schiavolin has sold a further 20,000 ordinary shares.

DIRECTOR DEALINGS