Reuters logo
BRIEF-Playtech investor Brickington sells over a third of its stake
November 30, 2016 / 7:20 AM / 10 months ago

BRIEF-Playtech investor Brickington sells over a third of its stake

Nov 30 (Reuters) - Playtech Plc :

* Has been notified that Brickington has sold 38.7 million ordinary shares at a price of 850 pence per ordinary share

* Due to strong investor demand, brickington agreed with joint bookrunners to increase size of placing to 38.7 million shares, representing 12.0 per cent

* Placing is expected to settle on a t+2 basis, on 2 december 2016

* Co is not a party to placing and will not receive any proceeds from placing

* Following placing, Brickington retains a beneficial interest representing 21.6 percent of voting rights of company

* Placing was conducted via an accelerated book build through ubs Canaccord Genuity and credit suisse securities Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below