Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Playtech plc
  6. News
  7. Summary
    PTEC   IM00B7S9G985

PLAYTECH PLC

(PTEC)
  Report
Delayed Quote. Delayed London Stock Exchange - 10/22 11:37:01 am
673 GBX   -0.30%
10/20Gains in miners, banks lift Australian shares
RE
10/19FORM 8.3 - THE VANGUARD GROUP, INC. : Playtech plc
DJ
10/19PLAYTECH : Aussie firm all in on Playtech as takeover agreed
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Playtech : investors reject Finalto sale to consortium led by Barinboim

08/18/2021 | 07:09am EDT

Aug 18 (Reuters) - A majority of Playtech's shareholders on Wednesday rejected the gambling software maker's plan to sell its financial trading unit for up to $210 million to a consortium led by Israeli private equity group Barinboim Group.

The vote is a win for Playtech's second-biggest shareholder Gopher Investments, who had clashed with the company over the rejection of its $250 million proposal for the Finalto unit.

London-listed Playtech said it was now seeking to engage with Gopher regarding the sale of Finalto, which has been growing rapidly as market volatility brought on by the pandemic made it a lucrative target.

Gopher last month offered $10 million to Playtech as a breakup fee, if the company accepted its $250 million offer for Finalto.

Playtech had said it would have to pay the Barinboim consortium $8.8 million if its investors vote against the deal that was agreed between the two parties in May.

At a general meeting on Wednesday, 68.3% of votes cast were against the sale of Finalto to the consortium. (Reporting by Yadarisa Shabong in Bengaluru; Editing by Bernard Orr and Shounak Dasgupta)


© Reuters 2021
All news about PLAYTECH PLC
10/20Gains in miners, banks lift Australian shares
RE
10/19FORM 8.3 - THE VANGUARD GROUP, INC. : Playtech plc
DJ
10/19PLAYTECH : Aussie firm all in on Playtech as takeover agreed
AQ
10/18ARISTOCRAT LEISURE : Gambles On Playtech
AQ
10/18GLOBAL MARKETS LIVE : Valneva, Glencore, Facebook, Roche, Hertz...
10/18LONDON STOCK EXCHANGE : London's FTSE 100 falls on rate hike worries; Playtech soars
RE
10/18DIMENSIONAL FUND ADVISORS LTD. : Form 8.3 - PLAYTECH PLC - Ordinary Shares
AQ
10/18GAME ON : Playtech shares skyrocket by 57 per cent as takeover is confirmed
AQ
10/18The latest from London: Will last week's trends be confirmed?
10/18London's FTSE 100 falls on rate hike worries; Playtech soars
RE
More news
Analyst Recommendations on PLAYTECH PLC
More recommendations
Financials
Sales 2021 1 158 M 1 347 M 1 347 M
Net income 2021 8,27 M 9,62 M 9,62 M
Net Debt 2021 628 M 731 M 731 M
P/E ratio 2021 153x
Yield 2021 0,09%
Capitalization 2 013 M 2 770 M 2 342 M
EV / Sales 2021 2,28x
EV / Sales 2022 1,80x
Nbr of Employees 7 000
Free-Float 91,1%
Chart PLAYTECH PLC
Duration : Period :
Playtech plc Technical Analysis Chart | PTEC | IM00B7S9G985 | MarketScreener
Technical analysis trends PLAYTECH PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 6,73 €
Average target price 6,59 €
Spread / Average Target -2,04%
EPS Revisions
Managers and Directors
Moran Weizer Chief Executive Officer & Executive Director
Andrew James Smith Chief Financial Officer & Executive Director
Brian Roger Mattingley Non-Executive Chairman
Shimon Akad Chief Operating Officer
Ian Ince Global Head-Regulatory Affairs & Compliance
Sector and Competitors
1st jan.Capi. (M$)
PLAYTECH PLC67.70%2 779
EVOLUTION AB80.40%37 675
FLUTTER ENTERTAINMENT PLC0.96%34 358
CAESARS ENTERTAINMENT, INC.52.57%24 184
GALAXY ENTERTAINMENT GROUP LIMITED-29.46%23 632
ARISTOCRAT LEISURE LIMITED52.00%22 525