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Playtech plc shareholders passed ordinary resolutions 1-11 and special resolution 14 at its Annual General Meeting held on 21 May 2025. Ordinary resolution 12 (Directors' Power to Allot Shares) and special resolution 13 (Disapplication of Pre-Emption Rights) did not pass, receiving 45.39% and 45.73% of votes in favour, respectively. Following the AGM, John Gleasure assumed the role of Chair of the Board and Nominations Committee, succeeding Brian Mattingley.
| Date | 21 May 2025 |
| Time | 14:08:51 |
| Category | AGMs and other meetings |
| ID | 6447J |
Playtech plc
("Playtech" or the "Company")
Results of Annual General Meeting
Playtech (LSE: PTEC) announces that at its Annual General Meeting (AGM), held today on 21 May 2025, ordinary resolutions numbers 1 to 11 set out in the Notice of Annual General Meeting, dated 24 April 2025, were duly passed by shareholders by means of a poll vote. Special resolution number 14 was also passed by shareholders by means of a poll vote. Ordinary resolution number 12 and special resolution number 13 did not meet the requisite approval thresholds and, therefore, were not passed.
For information, the votes cast were as follows:
|
Resolutions |
For |
% |
Against |
% Votes |
Total Votes Cast |
Votes |
|
1. Accounts and Reports |
234,526,369 |
100.00% |
2,085 |
0.00% |
234,528,454 |
536,769 |
|
2. Remuneration Report |
153,089,109 |
65.13% |
81,964,686 |
34.87% |
235,053,795 |
11,428 |
|
3. Re-Appoint the Auditors |
223,688,284 |
95.16% |
11,365,083 |
4.84% |
235,053,367 |
11,856 |
|
4. Auditors' Remuneration |
235,013,929 |
99.98% |
47,345 |
0.02% |
235,061,274 |
3,949 |
|
5. Elect John Gleasure |
234,171,594 |
99.63% |
880,856 |
0.37% |
235,052,450 |
12,773 |
|
6. Re-Elect Ian Penrose |
147,401,763 |
62.71% |
87,650,687 |
37.29% |
235,052,450 |
12,773 |
|
7. Re-Elect Linda |
186,904,806 |
79.52% |
48,147,644 |
20.48% |
235,052,450 |
12,773 |
|
8. Re-Elect Samy Reeb |
185,537,363 |
78.93% |
49,515,087 |
21.07% |
235,052,450 |
12,773 |
|
9. Elect Doreen Tan |
203,971,834 |
86.77% |
31,088,616 |
13.23% |
235,060,450 |
4,773 |
|
10. Re-Elect Chris McGinnis |
234,252,951 |
99.66% |
799,499 |
0.34% |
235,052,450 |
12,773 |
|
11. Re-Elect Mor |
234,270,711 |
99.67% |
781,739 |
0.33% |
235,052,450 |
12,773 |
|
12. Directors' Power |
106,684,985 |
45.39% |
128,367,489 |
54.61% |
235,052,474 |
12,749 |
|
13. Disapplication of |
107,486,917 |
45.73% |
127,555,557 |
54.27% |
235,042,474 |
22,749 |
|
14. Make Market Purchases of Own Shares |
235,028,724 |
100.00% |
10,193 |
0.00% |
235,038,917 |
26,306 |
Resolution numbers 2, 6, 7, 8, 12 and 13
The Board notes that resolutions 12 and 13 were not passed and that resolutions 2, 6, 7 and 8 were passed with the requisite majority, but received less than 80% of votes in favour.
Playtech will consult with those shareholders who voted against these resolutions to understand their specific concerns. In accordance with the UK Corporate Governance Code, the Company will publish a further statement detailing the outcome of its shareholder engagement in relation to these resolutions, including any actions taken as a result, within six months of the 2025 AGM.
At 21 May 2025, the issued share capital of the Company was 309,294,243 ordinary shares of no par value.
In accordance with UKLR 6.4.2, copies of the resolutions (other than those concerning ordinary business) will be submitted to the National Storage Mechanism and will be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The proxy figures for the resolutions will also be displayed on the Company's corporate website - www.playtech.com.
Changes to Board composition
Following the conclusion of today's AGM, 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.
- ENDS -
For further information please contact:
|
Playtech plc |
+44 (0) 20 3805 4822 |
|
Sandeep Gandhi, Head of Investor Relations |
|
|
Headland (PR adviser to Playtech) |
+44 (0) 20 3805 4822 |
|
Lucy Legh, Jack Gault |
|
About Playtech
Founded in 1999 and with a listing on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling industry with over 7,300 employees across 19 countries.
Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry's most popular product verticals, including, casino, live casino, sports betting, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.
Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data-driven gambling technology across the online and retail value chain. Playtech provides its technology on a B2B basis to the industry's leading online and retail operators, land-based casino groups and government sponsored entities such as lotteries.