Investegate |Playtech PLC Announcements | Playtech PLC

View Tal Sibony’s profile on LinkedIn, the world’s largest professional community. Tal has 6 jobs listed on their profile. See the complete profile on LinkedIn and discover Tal’s connections and jobs at similar companies. ONLINE CASINO MARKS 100K PLAYER 10 February 2006. Shiny new car to be given away. The Net Entertainment-powered online Casino is on the run-up to an important milestone in its commercial life - the registration of its 100 000th player. And to mark the event, the company has bought a spanking new Peugeot 206 Cabriolet, which now After announcing a revenue drop in August due to reduced success in the Asian market, London-listed iGaming operator and solution supplier Playtech has now sold its stake in Plus500, the financial trading platform, which has resulted in gross proceeds surging roughly £176 million. Spending the Profit Smart The company declared the sale of its stake […] The Playtech sale comes just a day after the founders of Plus500—Alon Gonen, Gal Haber, Elad Ben-Izhak, Omer Elazari and Shlomi Weizmann—announced the sale of 9.4 million shares, which was Playtech’s recent choice to sell off its 9.99% stake in the online trading platform Plus500 has come as no surprise, considering the firm’s recent bid to refinance its debt to fund its recent purchase of Snaitech, according to iGaming industry analysts. In a regulatory report filed last week, the developer noted that the sale would bring in gross proceeds of around £176 million (€196m Playtech has sold its entire holding of approximately 11.4 million ordinary shares in Plus500. At a price of 1,550 pence per ordinary share, gross proceeds from the sale will reach approximately £176m. The stake represents just under 10 per cent of Plus500's issued share capital. This comes soon after the founders of Plus500, Alon Gonen, Gal Haber, Elad Ben-Izhak, Omer Elazari and Shlomi Playtech attaches importance to the skills, experience and industry knowledge of the existing management and employees of Plus500. Playtech cannot be certain as to what, if any, repercussions there will be on employment, the locations of Plus500's or Playtech's places of business or any redeployment of their fixed assets. Playtech intends

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