02/07/2012 The London Stock Exchange welcomes Playtech Ltd to a Premium Listing
Today Playtech Ltd opened the London markets in a ceremony at the London Stock Exchange as the Company’s shares progressed from AIM to the Main Market.
The London Stock Exchange is pleased to welcome Playtech Ltd, the leading international designer, developer and licensor of software and services for the online, mobile and land-based gaming industry. The Premium Listing demonstrates recognition by the UK capital markets of the Company’s strong growth and performance together with its good corporate governance and management team.
Founded in 1999, the Company listed on AIM in 2006 and has over 2,400 employees principally located in five countries and engaged in research and development of current and future gaming technologies or in providing marketing support and other ancillary services. Playtech’s leading gaming applications include casino, poker, bingo, sports betting, live, mobile and social gaming, as well as VLTs and FOBTs, casual and fixed odds games.
With a market capitalization of around £1 billion and the official listing of its ordinary shares on the Main Market, Playtech aims to strengthen its position as the world’s leading supplier of software and services to the gaming industry.
Mor Weizer, CEO of Playtech commented: “This is a very exciting day for Playtech and we are delighted to be part of the Official List. We have experienced exceptional growth since the Company’s foundation in 1999 and today marks a significant milestone in its continued development.”
Canaccord Genuity is the Company’s Nominated Adviser and broker. Berwin Leighton Paisner is the legal adviser and BDO LLP is the auditor and reporting accountant to the Company.