REG - Entain PLC - Director/PDMR Shareholding
RNS Number : 4128REntain PLC04 November 2021
4 November 2021Entain plc
("Entain" or "Company")
Notification of Transactions by Persons Discharging Managerial ResponsibilityOr Persons Closely Associated
Exercise of Options under the Entain plc 2017 Long Term Incentive Plan ("LTIP")
Entain plc (LSE: ENT), the global sports betting and gaming group, announces the acquisition of ordinary shares of €0.01 each in the capital of the Company ("Shares") on 3 November 2021 as set out below:
Director / PDMR
Shares held prior to dealing
Nature of Transaction
Number of Shares over which option exercised
Number of shares sold to cover exercise price and taxes
Price shares sold in the market
Total Shares held after Transactions
Rob Wood
CFO and Deputy CEO
25,500*
Vesting of Conditional Share Award
27,519
12,967
£20.31
40,052*
Robert Hoskin
Chief Governance Officer
12,496*
Exercise of vested options
56,939
Nil
Nil
69,435*
Sandeep Tiku
Chief Operating Officer
8,972
Vesting of Conditional Share Award
16,853
7,222
£20.31
18,603
Following the above transactions the Directors' / PDMR's personal shareholdings in the Company have increased as follows:
Director / PDMR
Number of Shares before the Transactions
Number of Shares after the Transactions
Rob Wood
25,500*
40,052*
Robert Hoskin
12,496*
69,435*
Sandeep Tiku
8,972
18,603
Entain Directors hold in aggregate 294,112 Shares (including those of their persons closely associated) equivalent to 0.05% of the Company's issued share capital.
*Includes shares held by persons closely associated with the Director / PDMR.
Enquiries:
Company Secretary
Emily Carey
Investor Relations
David Lloyd-Seed, Group Director of Investor Relations & Corporate Communications
Powerscourt
Rob Greening / Elly Williamson
Tel: +44 (0) 20 7250 1446
LEI:213800GNI3K45LQR8L28
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Bet.pt, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, Ninja Casino, Optibet, partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports betting and gaming opportunity in the US, through BetMGM. Entain provides the technology which powers BetMGM and exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK with licenses in a total of 27 regulated markets. Entain is a leader in ESG, a member of FTSE4Good, the DJSI, is AA rated by MSCI and is included in Bloomberg's 50 global leaders in sustainability. The Group has set Science Based Targets, committing to be carbon net zero by 2035 and through the Entain Foundation supports a variety of initiatives, focusing on safer gambling, grassroots sport, diversity in technology and community projects.
For more information see the Group's website: www.entaingroup.com
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Rob Wood
2
Reason for the notification
a)
Position/status
Chief Financial Officer and Deputy CEO
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Entain plc
b)
LEI
213800GNI3K45LQR8L28
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of Entain plc of €0.01 each
IM00B5VQMV65
b)
Nature of the transaction
Vesting of conditional shares under the Entain plc 2017 Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
27,519
d)
Aggregated information
-
Aggregated volume
-
Price
27,519 ordinary shares of €0.01 each
Nil consideratione)
Date of the transaction
3 November 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Robert Hoskin
2
Reason for the notification
a)
Position/status
Chief Governance Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Entain plc
b)
LEI
213800GNI3K45LQR8L28
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of Entain plc of €0.01 each
IM00B5VQMV65
b)
Nature of the transaction
Exercise of Options under the Entain plc 2017 Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
56,939
d)
Aggregated information
-
Aggregated volume
-
Price
56,939 ordinary shares of €0.01 each
Nil consideratione)
Date of the transaction
3 November 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sandeep Tiku
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Entain plc
b)
LEI
213800GNI3K45LQR8L28
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of Entain plc of €0.01 each
IM00B5VQMV65
b)
Nature of the transaction
Vesting of conditional shares under the Entain plc 2017 Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
16,853
d)
Aggregated information
-
Aggregated volume
-
Price
16,853 ordinary shares of €0.01 each
Nil consideratione)
Date of the transaction
3 November 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Rob Wood
2
Reason for the notification
a)
Position/status
Chief Financial Officer and Deputy CEO
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Entain plc
b)
LEI
213800GNI3K45LQR8L28
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of Entain plc of €0.01 each
IM00B5VQMV65
b)
Nature of the transaction
Share Sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£20.31
12,967
d)
Aggregated information
-
Aggregated volume
-
Price
12,967 ordinary shares of €0.01 each
£20.31 per sharee)
Date of the transaction
3 November 2021
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sandeep Tiku
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Entain plc
b)
LEI
213800GNI3K45LQR8L28
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of Entain plc of €0.01 each
IM00B5VQMV65
b)
Nature of the transaction
Share sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£20.31
7,222
d)
Aggregated information
-
Aggregated volume
-
Price
7,222 ordinary shares of €0.01 each
£20.31e)
Date of the transaction
3 November 2021
f)
Place of the transaction
London Stock Exchange (XLON)
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