Tag: Teddy Sagi

January 10, 2017 BY LeapRate Staff

Ron Hoffman removed as CFO of Playtech to focus full-time on Markets.com

Online gaming giant Playtech PLC (LON:PTEC) has announced that its longtime CFO Ron Hoffman will resign his position as CFO, in order to focus full-time on building the company's Financials division. Mr. Hoffman will also resign from Playtech's board of directors. His replacement as CFO of Playtech will be Andrew Smith, currently Head of Investor Relations, who…

Read more
Playtech continues with share buyback programme
December 21, 2016 BY LeapRate Staff

Playtech completes €50 million share buyback program

Online gaming and financial trading giant Playtech PLC (LON:PTEC) announced today that it has completed buying back €50 million (USD $52 million) of its own shares in the open market. Playtech initiated the share buyback plan after its shares dropped around 10% late in November, following news that controlling shareholder Teddy Sagi was selling £329 million…

Read more
November 14, 2016 BY LeapRate Staff

Playtech acquires CFH Group for $120 million

If you can’t join ‘em, serve ‘em. Online gaming technology company Playtech PLC (LON:PTEC), which was unsuccessful last year in its attempts to buy Retail Forex brokers AvaTrade and Plus500 Ltd (LON:PLUS), is once again attempting to increase its footprint in the FX world by agreeing to acquire institutional Forex player CFH Group for $120…

Read more
October 11, 2016 BY LeapRate Staff

Miton Group plc takes 5.3% stake in SafeCharge

LeapRate has learned from regulatory filings made in the UK that London-based investment management firm Miton Group plc has taken a 5.3% stake in payments services and technologies provider SafeCharge International Group Ltd (LON:SCH). Miton Group currently owns 8,058,577 SafeCharge shares, worth £17.7 million. Miton now becomes the second largest shareholder in SafeCharge after controlling shareholder…

Read more