Online gaming and financial trading company Playtech PLC (LON:PTEC) announced late Friday that it has successfully priced €530 million (USD $611 million) in new junk debt. The 3.75% senior secured five-year notes due 2023 are expected to be assigned a rating of BB by S&P Global Ratings Europe Limited, UK Branch and Ba2 by Moody's Investors Service…
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After seeing UK hedge fund Odey Asset Management acquire a 5% stake in the company a month ago, online gaming and financial trading company Playtech PLC (LON:PTEC) has had Dublin, Ireland based value investor Setanta Asset Management jump in and buy a slightly smaller but still significant 3% interest in Playtech. The Setanta stake in…
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Which Retail FX broker decided to 'move offshore', from its home country to St. Vincent? Which Plus500 shareholders pocketed more than $400 million from the sale of stock? What are Tickmill UK's trading volumes? Admiral Markets' revenues? Answers to these questions and more appeared first or only at LeapRate. Some of our most viewed and…
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There are a lot more free floating shares out there now for Plus500 Ltd (LON:PLUS). Just several hours after a group of Plus500 founders sold 9.39 million shares in the company for £145 million, another 11.4 million PLUS shares hit the market, with online gaming and financial trading company Playtech PLC (LON:PTEC) selling its entire 9.99% stake…
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London based investment manager Odey Asset Management has made filings indicating that it has acquired a 5.02% stake in online gaming and financial trading company Playtech PLC (LON:PTEC). The interest of about 15.9 million Playtech shares (consisting of 6.7 million Playtech ordinary shares and 9.2 million CFDs on Playtech shares) is worth approximately £78.8 million (USD…
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Following the issuing of its Trading Update in early July it wasn't quite a surprise that online gaming and financial trading company Playtech PLC (LON:PTEC) reported declining profits (although increasing Revenues) for the first half of 2018. Overall, Playtech saw Revenue of €436.5 million for the first six months of the year, which was actually up by…
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Continuing a year-long hiring spree, FX liquidity and Prime of Prime solutions provider CFH Clearing has announced that it has bolstered its institutional sales team with the appointment of Michael Bleys as VP Sales (EMEA). Michael Bleys joins CFH from Sucden Financial, where he spent over five years in the firm’s e-FX division. His career…
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Online gaming and financial trading company Playtech PLC (LON:PTEC) has announced that Ian Penrose will join the Company's Board as a Non-Executive Director, from September 1, 2018. Ian Penrose brings over 20 years of global gaming, technology and leisure sector experience to the Board. He was CEO of Sportech PLC from 2005 to 2017 where he led…
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Online gaming and financial trading company Playtech PLC (LON:PTEC) has announced that further to its announcement on June 22 relating to the launch of the mandatory takeover offer for the remaining shares of Snaitech S.p.A. not owned by the Group, it is pleased to announce that, as at the end of the acceptance period for the…
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Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that Susan Ball will join the Company's Board as a Non-Executive Director, effective August 1, 2018. Susan Ball is a Chartered Accountant with over 35 years' senior finance and board level experience in the gambling, leisure and consumer industries, with a focus in…
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