Asia FX rises; US-Japan trade deal boosts yen, won to 2-week highs
LONDON - Playtech plc (LSE:LON:PTEC), a leading technology company in the gambling industry, has declared a special dividend of €5.73 per share, returning approximately €1.8 billion to its shareholders. This announcement follows the successful completion of the sale of its subsidiary, Snaitech S.p.A.
The significant return to shareholders is scheduled for payment on June 12, 2025, to those on the register by the close of business on May 9, 2025, which is the record date for entitlement. Playtech’s shares will go ex-dividend on May 8, 2025.
Shareholders have the option to receive their special dividend in Sterling instead of the default Euro currency. Those wishing to elect a currency change must submit their requests by May 27, 2025. The company has provided detailed instructions for both uncertificated and certificated shareholders to make their currency elections through various channels, including a downloadable form on the company’s website.
The Sterling dividend rate applicable to the special dividend will be announced on June 3, 2025. Playtech retains discretion regarding future dividends and the option for shareholders to receive payments in Sterling.
This substantial distribution of funds highlights Playtech’s financial position following the divestiture of Snaitech. The company, which has been operational since 1999, is recognized as a technology leader in the gambling sector, employing over 7,300 people across 19 countries. Playtech is known for its Playtech ONE integrated platform technology, which offers data-driven marketing, single wallet functionality, CRM, and responsible gambling solutions across various product verticals and channels.
The information for this article is based on a press release statement from Playtech plc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.