IGT Non-Executive Director’s Disposal of $908K Bonds Noted
International Game Technology PLC (IGT) has announced that Blu Acquario Prima S.p.A., a Person Closely Associated with Mr. Marco Drago, a Non-Executive Director at IGT, disposed of $908,000 worth of senior secured notes. The transaction took place on August 2, 2023, and the bonds had a principal amount of $1,100,000,000 with an interest rate of 6.500%. The aggregate value of the disposal was $906,638.
IGT, a global leader in gaming, provides responsible and entertaining gaming experiences across various channels and regulated segments. Their solutions encompass lotteries, gaming machines, sports betting, and digital gaming. The company delivers exceptional gaming experiences through innovative content, investment in technology, player insights, and operational expertise.
With a presence in over 100 jurisdictions worldwide, IGT has strong relationships with governments and regulators. They prioritize service excellence, integrity, and responsibility, striving to create value for their stakeholders.
Despite this recent disposal of bonds by Blu Acquario Prima S.p.A., IGT continues to focus on its goals and plans for the future. The company remains committed to delivering industry-leading gaming experiences that engage players and drive growth.
Forward-looking statements in this announcement highlight the Company’s intentions, expectations, and plans for future developments. However, these statements are subject to various risks and uncertainties, which may cause actual results to differ from the predicted outcomes. Investors are advised to consider the factors and risks discussed in the Company’s annual report and other documents filed with the Securities and Exchange Commission (SEC).
IGT ensures transparency and compliance with regulations, filing the required notification of dealing form for the transaction in accordance with Article 19 of Regulation (EU) No 596/2014. The Company strives to maintain the highest standards of corporate governance and accountability.
IGT’s commitment to responsible gaming, technological innovation, and exceptional player experiences positions them as a leader in the industry. As they navigate the evolving landscape of gaming and entertainment, IGT continues to bring value to their customers and shareholders.
In conclusion, International Game Technology PLC (IGT) has noted the disposal of $908,000 worth of bonds by Blu Acquario Prima S.p.A., a Person Closely Associated with Mr. Marco Drago, a Non-Executive Director at IGT. Despite this transaction, the company remains focused on delivering entertaining and responsible gaming experiences while adhering to the highest standards of service, integrity, and responsibility.
