Press releases | |

£250m placing by Playtech PLC


Travers Smith Corporate Finance partner Richard Spedding has advised Canaccord, UBS and Shore Capital on the £250m accelerated bookbuild placing for Playtech plc.

Canaccord Genuity is acting as Sponsor and Joint Bookrunner, UBS as Joint Bookrunner and Shore Capital as Lead Manager to the placing.  Playtech is to use the proceeds to fund future acquisitions including Plus500 and, potentially, a midsize B2C broker over which its newly acquired subsidiary TradeFX has an option to purchase.

The Travers Smith team included corporate associates Hannah Parker and Helen Davies, alongside US securities law partner Charles Casassa and senior counsel Dan McNamee. The transaction is one of many on which the firm's ECM team has advised Canaccord this year, and the second for UBS.

Back To Top