For the first time since mid 2017, Playtech founder and (former) controlling shareholder Teddy Sagi has sold shares in the company. Regulatory filings in the UK indicate that Teddy Sagi's Brickington Trading Ltd holding company sold 5 million Playtech shares earlier this week, for proceeds of approximately £23.2 million (USD $30.2 million). The sale takes Mr.…
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Following our report from last night that Teddy Sagi's holding company, Brickington Trading Limited, had informed Playtech PLC (LON:PTEC) that Mr. Sagi intended to sell 32 million Playtech shares in an effort to diversify his investments, the company announced early this morning that the share sale was increased in size and completed - but at…
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For the first time since he founded the company in 1999, Teddy Sagi might soon no longer be the largest shareholder in Playtech PLC (LON:PTEC). Playtech announced after the close of London Stock Exchange trading on Monday that it has been advised that Teddy Sagi's holding company Brickington Trading Limited is planning to sell approximately 32 million…
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It looks like someone is making a big bet on Playtech. Online entrepreneur Teddy Sagi has indicated in filings with the London Stock Exchange that he has sold 13 million shares of publicly traded Playtech PLC (LON:PTEC) to the UK arm of Paris based asset manager Boussard & Gavaudan for £113.4 million (USD $138 million). The stake represents about…
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Teddy Sagi's Brickington Trading Limited now owns 21.6% of Playtech, down from 33.6%.
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Teddy Sagi is selling when Playtech shares sit near all-time highs.
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