Annuncio • Apr 21
Playtech plc, Annual General Meeting, May 20, 2026 Playtech plc, Annual General Meeting, May 20, 2026. Location: uncommon holborn, 81 87 high holborn, wc1v 6df, london United Kingdom Annuncio • Aug 01
Playtech plc to Report First Half, 2025 Results on Sep 11, 2025 Playtech plc announced that they will report first half, 2025 results on Sep 11, 2025 Annuncio • May 30
Netx Betting Limited reached an agreement to acquire German HAPPYBET assets of Playtech plc. Netx Betting Limited reached an agreement to acquire German HAPPYBET assets of Playtech plc on May 28, 2025. Pursuant to such agreement, pfederwetten.de is being given the opportunity to contract with franchise partners for the HAPPYBET shops in Germany, subject to negotiations with those franchise partners. As part of this agreement, Pfedermwetten.de will also assume ownership of certain associated hardware. There will now be a transition period to allow pferdewetten.de to negotiate with the relevant franchise partners and for the relevant regulatory approvals to be sought from the competent authorities in Germany. It is intended that any remaining HAPPYBET assets not transferred to, or assumed by, pferdewetten.de will cease operations and, where relevant, will be wound up. Annuncio • May 22
Playtech plc Appoints John Gleasure as Chair of the Board and Chair of Nominations Committee Playtech plc announced that at the AGM held on 21 May 2025, approved the John Gleasure has now assumed the role of Chair of the Board and Chair of the Nominations Committee. As set out on 16 April 2025, John is succeeding Brian Mattingley, who has stepped down as Chair and from the Board. Annuncio • May 02
Playtech plc Announces Special Dividend, Payable on 12 June 2025 Playtech plc announced a special dividend of €5.73 per ordinary share . The Special Dividend will be paid on 12 June 2025 to shareholders who appear on the register on 9 May 2025 (the "Record Date"). The Company's ordinary shares will be marked as ex-dividend on 8 May 2025. Annuncio • Apr 28
Playtech plc, Annual General Meeting, May 21, 2025 Playtech plc, Annual General Meeting, May 21, 2025. Location: the offices of bryan cave leighton paisner llp, governors house, 5 laurence pountney hill, ec4r 0br, london United Kingdom Annuncio • Mar 27
Playtech plc Intends to Pay A Special Dividend Playtech plc intends to pay a special dividend of between €1.7 billion and €1.8 billion following completion of the sale of Snaitech, which is expected in Second Quarter 2025. Annuncio • Mar 11
Playtech plc to Report Fiscal Year 2024 Results on Mar 27, 2025 Playtech plc announced that they will report fiscal year 2024 results on Mar 27, 2025 Annuncio • Jan 29
Playtech plc Announces Board and Committee Changes Playtech plc announced that Brian Mattingley has informed the Board of his intention to step down as the Chair and from the Board. Brian will remain in situ for a few months in order to oversee the process to appoint a new Chair and ensure an orderly handover to his successor. During Brian's tenure as Chair, he has overseen a period of strong financial performance and strategic progress, including, most recently, the revised strategic agreement with Caliplay and the disposal of Snaitech, which, on completion, will result in the Company's transformation into a predominantly pure-play B2B business. The Board also announced that it has approved changes to the structure of its Committees with effect from 1 March 2025. This includes merging the Regulatory & Compliance and the Sustainability & Public Policy Committees to provide combined oversight of these key areas. From 1 March 2025, the merged committee will be called the Sustainability & Compliance Committee and will be chaired by Linda Marston-Weston, with Ian Penrose and Samy Reeb as ordinary members. Linda will also become a member of the Nomination Committee from 1 March 2025. As announced on 26 November 2024, Anna Massion is stepping down from her role as a Non-executive Director and Chair of the Remuneration Committee on 28 February 2025. A process to appoint a new Non-executive Director to the Board is ongoing and an update will be provided in due course. The Board announced that Samy Reeb will assume the role of Chair of the Remuneration Committee with effect from 1 March 2025. Samy is currently Chair of the Regulatory & Compliance Committee, as well as a member the Sustainability & Public Policy Committee (and will remain a member of the Sustainability & Compliance Committee until those committees are merged on 1 March 2025). He will also continue to serve as a member of the Audit & Risk Committee. Annuncio • Sep 16
Playtech plc to Report First Half, 2024 Results on Sep 30, 2024 Playtech plc announced that they will report first half, 2024 results on Sep 30, 2024 Annuncio • May 25
Playtech Announces Board Committee Changes, effective June 1, 2024 Playtech announced that it has made the following changes to the Committees of the Board, effective from 1 June 2024. The Risk and Compliance Committee will be partly merged with the Audit Committee, to form the Audit and Risk Committee. The newly formed Audit and Risk Committee will be chaired by Ian Penrose, with Linda Marston-Weston and Samy Reeb as ordinary members. Compliance will become part of a new Committee to be named the Regulatory and Compliance Committee. The newly formed Regulatory and Compliance Committee will be chaired by Samy Reeb, with Ian Penrose and Anna Massion as ordinary members. Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: €0.35 (vs €0.14 in FY 2022) Full year 2023 results: EPS: €0.35 (up from €0.14 in FY 2022). Revenue: €1.71b (up 6.5% from FY 2022). Net income: €105.1m (up 159% from FY 2022). Profit margin: 6.2% (up from 2.5% in FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • Apr 26
Playtech plc Announces the Appointment of Doreen Tan as Independent Non-Executive Director, Effective 9 July 2024 Playtech plc announced the appointment of Doreen Tan to the Board as a new Independent Non-executive Director, effective 9 July 2024. Over a career spanning more than 30 years, Doreen possesses a broad range of skills and an extensive network, having held senior positions in some of the largest international financial institutions. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: €0.35 (vs €0.14 in FY 2022) Full year 2023 results: EPS: €0.35 (up from €0.14 in FY 2022). Revenue: €1.71b (up 6.5% from FY 2022). Net income: €105.1m (up 159% from FY 2022). Profit margin: 6.2% (up from 2.5% in FY 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Nov 02
Caliplay Issues Legal Proceedings in Mexico Against, Amongst Others, Playtech plc and Some of Its Subsidiaries On 5October 2023, Tecnologia en Entretenimiento Caliplay, S.A.P.I. de C.V. ('Caliplay') announced that Caliplay had issued legal proceedings in Mexico against, amongst others, Playtech and some of its subsidiaries. Caliplay has been and remains a very highly valued customer of the Playtech Group. During the past nine years, both parties have worked closely together to create a successful and rapidly growing digital business in Mexico. This has been an extremely productive relationship for both parties, and resolving the commercial dispute is a priority for Playtech. The disagreement initially centred on whether an option held by Caliplayto redeem the additional services fee element of the strategic agreementhas lapsed, and this is the subject of ongoing proceedings in the English Courts, with Playtech seeking a declaration from the Court on whether the option has expired. The trial of that issue is scheduled to take place in London in October 2024. On 5 October 2023, Playtech noted Caliplay's announcement that it had issued legal proceedings in Mexico against members of the Playtech Group. Playtech has now accepted service of those proceedings to enable the Group to respond to them and is now able to update on the content of the Court filings in Mexico. The actions taken by Caliplay in the Mexican Court proceedings contravene the contractual agreements in place since the strategic agreement was originally established in 2014, in particular the agreement between the parties that any disputes would be resolved in England. One of the primary interim measures that the Mexican Court granted was that all fees due to the Playtech Group under its arrangements with Caliplay are to be paid into a Court-mandated trust account in Mexico rather than paid directly to the Group. Consequently, the Company understands that the fees due to the Playtech Group for August (in part) and September have been paid into this Court-mandated trust account. Other interim measures the Mexican Court granted include the suspension of many rights and protections under the agreements. In order to protect its position and ultimately progress towards a resolution with Caliplay, Playtech has taken the following steps: In England, PT Services Malta has applied for and obtained interim anti-suit injunctions from the English Court against Caliplay. These injunctions compel Caliplay to stop taking any further steps in the Mexico proceedings, as litigation should not have been commenced in that jurisdiction. In Mexico, PT Services Malta has obtained separate interim measures from a Mexico court ordering Caliplay to discontinue the case it commenced in Mexico against the relevant Playtech entities, so that the dispute can be resolved in the appropriate and agreed forum in England. Those measures also include orders for Caliplay to comply with the terms of the Framework Agreement between the parties (which contains most of the provisions which had been suspended by the Mexican Court).Playtech will continue to take such other steps as it considers necessary to enforce its rights under its agreements with Caliplay and to lift the interim measures obtained by Caliplay. Caliplay remains a highly important customer for Playtech, and the Company is determined to resolve this matter as quickly as possible. In order to do so, Playtech is committed to maintaining an open dialogue with Caliplay to discuss a path forward. Board Change • Oct 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Samy Reeb was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Aug 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.5%. The fair value is estimated to be UK£6.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 64%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is also forecast to grow by 31% per annum over the same time period. Annuncio • Jul 12
Playtech plc Announces Resignation of Ruby Yam as an Independent Non-Executive Director Playtech plc announces that Ruby Yam is to step down as an Independent Non-executive Director with immediate effect due to personal family reasons. Buying Opportunity • Jul 06
Now 20% undervalued Over the last 90 days, the stock is up 4.9%. The fair value is estimated to be UK£6.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 64%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is also forecast to grow by 31% per annum over the same time period. Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Ruby Yam was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 28
CEO & Executive Director recently bought UK£275k worth of stock On the 25th of May, Moran Weizer bought around 44k shares on-market at roughly UK£6.20 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Moran has been a buyer over the last 12 months, purchasing a net total of UK£542k worth in shares. Annuncio • May 25
Playtech plc Approves Election of Samy Reeb and Chris Mcginnis as Director Playtech plc approved election of Samy Reeb and Chris McGinnis as director at the Annual General Meeting held on May 24, 2023. Annuncio • May 17
Playtech plc Announces Directorate Change Playtech plc announced the appointment of Ruby Yam as an Independent Non-Executive Director with effect from 1 June 2023. Ruby brings over 30 years of corporate and banking experience across industries including infrastructure, utilities, pharmaceuticals and racing. Following roles with Bank of America and Cathay International, Ruby spent several years working for the China Construction Bank Group in Hong Kong, where her last role was as General Manager and Head of Private Banking. Over the years, she has acquired strong expertise spanning corporate strategy, business development and marketing, as well as compliance and risk control. Most recently, Ruby held a senior role at the Hong Kong Jockey Club. In addition, John Krumins has advised the Board that he wishes to step down from the Board. At the request of the Chairman, John has agreed to remain as a Non-Executive Director of the Company and Chairman of the Audit Committee until after the publication in September 2023 of the Group's interim results, ensuring a smooth transition to his successor as Chairman of the Audit Committee. Recent Insider Transactions • Apr 08
Senior Independent Director recently bought UK£105k worth of stock On the 3rd of April, Ian Penrose bought around 20k shares on-market at roughly UK£5.25 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£172k more in shares than they have sold in the last 12 months. Buying Opportunity • Mar 25
Now 23% undervalued Over the last 90 days, the stock is up 3.8%. The fair value is estimated to be UK£6.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 64%. Revenue is forecast to grow by 8.6% in 2 years. Earnings is forecast to grow by 307% in the next 2 years. Annuncio • Jan 26
Playtech plc to Report Fiscal Year 2022 Results on Mar 23, 2023 Playtech plc announced that they will report fiscal year 2022 results on Mar 23, 2023 Annuncio • Jan 05
Playtech plc Appoints Samy Reeb to the Board Playtech plc appointed Samy Reeb to the Board as a new Independent Non-Executive Director, effective immediately. Samy brings extensive experience of working with global businesses largely across wealth and tax advisory. Samy began his career in tax advisory at Ernst & Young and tax management at Credit Suisse, before focusing on wealth advisory as an Executive Director at Julius Baer, and subsequently joining 1291 Group as Managing Partner. Over the years, Samy developed a leading franchise advising on the financial affairs of many Asia-based ultra-high net worth clients. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director John Krumins was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Oct 29
Now 21% undervalued Over the last 90 days, the stock is up 6.6%. The fair value is estimated to be UK£6.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 91%. Revenue is forecast to grow by 7.4% in 2 years. Earnings is forecast to decline by 62% in the next 2 years. Reported Earnings • Sep 23
First half 2022 earnings released: EPS: €0.24 (vs €1.35 in 1H 2021) First half 2022 results: EPS: €0.24 (down from €1.35 in 1H 2021). Revenue: €792.3m (up 73% from 1H 2021). Net income: €71.4m (down 82% from 1H 2021). Profit margin: 9.0% (down from 88% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buying Opportunity • Sep 23
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be UK£5.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 91%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to decline by 66% in the next 2 years. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorated over the past week After last week's 23% share price decline to UK£4.21, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Hospitality industry in the United Kingdom. Total loss to shareholders of 5.3% over the past three years. Reported Earnings • Jun 19
Full year 2021 earnings released: EPS: €2.30 (vs €0.24 loss in FY 2020) Full year 2021 results: EPS: €2.30 (up from €0.24 loss in FY 2020). Revenue: €1.21b (up 12% from FY 2020). Net income: €686.7m (up €759.7m from FY 2020). Profit margin: 57% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 15%, compared to a 25% growth forecast for the restaurants industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • May 02
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director John Krumins was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to UK£5.80, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 22x in the Hospitality industry in the United Kingdom. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£8.23 per share. Buying Opportunity • Jan 22
Now 30% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €8.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 18% per annum over the last 3 years. Recent Insider Transactions • Nov 16
Insider recently bought UK£22m worth of stock On the 10th of November, Ki Ya Lo bought around 3m shares on-market at roughly UK£7.26 per share. In the last 3 months, there was an even bigger purchase from another insider worth UK£35m. Insiders have collectively bought UK£98m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Oct 23
Insider recently bought UK£3.4m worth of stock On the 20th of October, Hao Liu bought around 500k shares on-market at roughly UK£6.79 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£3.5m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 64% share price gain to UK£6.79, the stock trades at a forward P/E ratio of 62x. Average forward P/E is 25x in the Hospitality industry in the United Kingdom. Total returns to shareholders of 65% over the past three years. Board Change • Oct 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Senior Independent Director Ian Penrose was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Executive Departure • Oct 07
Senior Independent Director John Jackson has left the company On the 30th of September, John Jackson's tenure as Senior Independent Director ended after 2.4 years in the role. As of June 2021, John still personally held only 5.00k shares (UK£14k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.33 years. Executive Departure • Oct 07
Independent Non-Executive Director Claire Milne has left the company On the 30th of September, Claire Milne's tenure as Independent Non-Executive Director ended after 5.2 years in the role. We don't have any record of a personal shareholding under Claire's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.33 years. Reported Earnings • Sep 25
First half 2021 earnings released: EPS €1.35 (vs €0.074 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: €457.4m (down 4.0% from 1H 2020). Net income: €401.9m (up €424.0m from 1H 2020). Profit margin: 88% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Chairman Brian Mattingley was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jul 03
Gopher Investments made an indicative non-binding conditional offer to acquire Finalto Group Limited from Playtech plc (LSE:PTEC) for $250 million. Gopher Investments made an indicative non-binding conditional offer to acquire Finalto Group Limited from Playtech plc (LSE:PTEC) for $250 million on June 29, 2021. Gopher’s all-cash Offer includes no deferred or contingent component, delivering full value up front and allowing Playtech to receive proceeds with certainty and in full on completion, securing the clean break which the Board has declared as an objective of the transaction. Gopher’s Offer will be financed from funds which are immediately available. The indicative proposal from Gopher is non-binding and is subject to a number of conditions, including due diligence, financing, negotiation of key terms, preparation of transaction documentation, namely Class 1 shareholder approval and receipt of regulatory approvals. Therefore, there can be no certainty that the transaction proposed by Gopher would proceed to signing or completion. Sandip Dhillon and Ben Crystal of UBS Investment Bank acted as financial advisor to Playtech. Lucy Legh, Stephen Malthouse and Jack Gault of Headland and Piers Coombs, Charlotte Craigie and Stephen Kane of Goodbody Stockbrokers represented Playtech. N M Rothschild & Sons Limited and TTB Partners acted as financial advisor and White & Case LLP acted as legal advisor to Gopher. Recent Insider Transactions • Mar 19
CEO & Executive Director recently bought UK£80k worth of stock On the 16th of March, Moran Weizer bought around 19k shares on-market at roughly UK£4.28 per share. This was the largest purchase by an insider in the last 3 months. Moran has been a buyer over the last 12 months, purchasing a net total of UK£133k worth in shares. Reported Earnings • Mar 12
Full year 2020 earnings released: €0.24 loss per share (vs €0.044 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.08b (down 28% from FY 2019). Net loss: €73.0m (down €86.2m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Mar 12
Revenue misses expectations Revenue missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 23% while theHospitality industry in the United Kingdom is not expected to grow. Is New 90 Day High Low • Mar 03
New 90-day high: UK£5.07 The company is up 28% from its price of UK£3.95 on 03 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£0.54 per share. Is New 90 Day High Low • Jan 06
New 90-day high: UK£4.40 The company is up 17% from its price of UK£3.75 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.36 per share. Is New 90 Day High Low • Dec 17
New 90-day high: UK£4.16 The company is up 14% from its price of UK£3.66 on 18 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£0.43 per share. Is New 90 Day High Low • Dec 01
New 90-day high: UK£3.96 The company is up 9.0% from its price of UK£3.63 on 02 September 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.12 per share.