REG - Entain PLC - Director / PDMR Shareholding

EntainAnnouncement

18/03/2022 15:00

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RNS Number : 3259F  Entain PLC  18 March 2022

 
 
 
18 March 2022

Entain plc

("Entain" or "Company")

 

 

 

Notification of Transactions by Persons Discharging Managerial Responsibility

Or Persons Closely Associated

 

Awards granted under the Entain plc 2017 Long Term Incentive Plan ("LTIP") and
the Annual and Deferred Bonus Plan ("ADBP")

 

Entain plc (LSE: ENT), the global sports betting gaming and interactive
entertainment group, announces that the following awards over Entain ordinary
shares of €0.01 each ("Shares") were granted to Executive Directors of the
Company on 18 March 2022 as set out below:

 

 Director                   Plan                        Number of Shares subject to the Award
 Jette Nygaard-Andersen     LTIP 2022 grant             149,090

 CEO
 Jette Nygaard-Andersen     ADBP - 2021 Deferred Bonus  46,805

 CEO
 Robert Wood                LTIP 2022 grant             81,534

 CFO & Deputy CEO
 Robert Wood                ADBP - 2021 Deferred Bonus  27,494

 CFO & Deputy CEO
 Robert Hoskin              LTIP 2022 grant             62,121

 Chief Governance Officer
 Robert Hoskin              ADBP - 2021 Deferred Bonus  21,164

 Chief Governance Officer

 

 

2022 LTIP Awards

 

The LTIP awards will normally vest on 18 March 2025, being the third
anniversary of the award date subject to 1) continuous employment; and 2) the
satisfaction of the relative Total Shareholder Return performance conditions
set by the Company's Remuneration Committee on 16 February 2022.  These
stretching performance conditions, are detailed in the 2021 Directors'
Remuneration Report in the Entain Annual Report (that will be available on the
Entain corporate website at www.entaingroup.com (http://www.entaingroup.com)
 from 25 March 2022).  The post tax number of shares vesting from these
awards are subject to a two year, post vest, holding period.

 

The terms of these awards provide the Remuneration Committee with the ability
to review the outcome at vesting and, if it concludes that participants would
benefit from 'windfall gains', it will consider making appropriate adjustments
to reflect this.

 

ADBP Awards

 

In the Company's remuneration policy, 50% of the Executive Directors' annual
bonus is deferred in shares.  The above deferred bonus awards have therefore
been granted in respect of the CEO, CFO & Deputy CEO, and Chief Governance
Officer's annual bonus for the 2021 financial year.  These awards will
normally vest on 18 March 2025, being the third anniversary of the award date,
subject to continued employment.

 

The Entain Directors hold in aggregate 328,481  Shares (including those of
their closely associated persons) equivalent to 0.06% of the Company's issued
share capital.

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 

Enquiries:

 

 Company Secretary                                        secretary@entaingroup.com (mailto:secretary@entaingroup.com)

 Emily Carey

 Investor Relations
 David Lloyd-Seed, Chief IR & Communications Officer      investors@entaingroup.com (mailto:investors@entaingroup.com)

 Powerscourt                                              entain@powerscourt-group.com (mailto:entain@powerscourt-group.com)
 Rob Greening / Nick Haynes                               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,
GiocoDigitale, 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 a 50/50 joint venture, BetMGM, a leader in sports betting and
iGaming in the US. Entain provides the technology and capabilities which power
BetMGM as well as exclusive games and products, specially developed at its
in-house gaming studios. The Group is tax resident in the UK with operations
in a total of 31 regulated or regulating territories. Entain is a leader in
ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has
set a science-based target, 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
(http://www.entaingroup.com)

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Jette Nygaard-Andersen
 2   Reason for the notification
 a)  Position/status                                              Chief Executive 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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Grant of conditional shares under the Entain plc 2017 Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       149,090

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      149,090 ordinary shares of €0.01 each

                                                            Nil consideration
 e)  Date of the transaction                                      18 March 2022
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

149,090 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

18 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Jette Nygaard-Andersen
 2   Reason for the notification
 a)  Position/status                                              Chief Executive 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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Grant of conditional shares under the Entain plc Annual and Deferred Bonus
                                                                  Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil        46,805

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      46,805  ordinary shares of €0.01 each

                                                            Nil consideration
 e)  Date of the transaction                                      18 March 2022
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

46,805  ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

18 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Robert Wood
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer and Deputy Chief Executive 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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Grant of conditional shares under the Entain plc 2017 Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil        81,534

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      81,534 ordinary shares of €0.01 each

                                                            Nil consideration
 e)  Date of the transaction                                      18 March 2022
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

81,534 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

18 March 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Robert Wood
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer and Deputy Chief Executive 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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Grant of conditional shares under the Entain plc Annual and Deferred Bonus
                                                                  Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil        27,494

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      27,494 ordinary shares of €0.01 each

                                                            Nil consideration
 e)  Date of the transaction                                      18 March 2022
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

27,494 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

18 March 2022

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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Grant of nil cost options under the Entain plc 2017 Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       62,121

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      62,121 ordinary shares of €0.01 each

                                                            Nil consideration
 e)  Date of the transaction                                      18 March 2022
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

62,121 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

18 March 2022

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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Grant of nil cost options under the Entain plc Annual and Deferred Bonus Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       21,164

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      21,164 ordinary shares of €0.01 each

                                                            Nil consideration
 e)  Date of the transaction                                      18 March 2022
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

21,164 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

18 March 2022

f)

Place of the transaction

Outside a trading venue

 

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