REG - Entain PLC - Director/PDMR Shareholding
16/06/2023 09:45
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RNS Number : 0005D Entain PLC 16 June 2023
16 June 2023
Entain plc
("Entain" or "Group" or "Company")
Notification of Transactions by Persons Discharging Managerial Responsibility
("PDMR")
Or Persons Closely Associated
Share purchases by PDMRs, Vesting of Awards and Granting of Awards under the
Entain plc 2017 Long Term Incentive Plan ("LTIP"), and Vesting of an Award
under the Annual and Deferred Bonus Plan ("ADBP")
Entain plc (LSE: ENT), the global sports betting gaming and interactive
entertainment group, announces the purchases of Entain ordinary shares of
€0.01 each in the capital of the Company ("Shares") as set out below:
Name & Role Shares held prior to dealing Nature of transaction Number Shares purchased Date of purchase of Shares Purchase price (pence per share) Total Shares held after dealing
Jette Nygaard- Andersen 9,900 Share purchase 20,481 15/06/2023 1,210.22 30,381
CEO
J M Barry Gibson 28,185 Share purchase 1,651 14/06/2023 1,210.72 29,836
Chairman of the Board
Brenda Gibson - Spouse of JM Barry Gibson 40,252 Share purchase 1,650 14/06/2023 1,211.93 41,902
Stella David 8,873 Share purchase 8,288 15/06/2023 1207.00 17,161
Senior Independent Non-Executive Director
Entain also announces the acquisition of Shares under the Rules of the LTIP on
14 June 2023 as set out below:
Name & Role Shares held prior to Transaction Nature of Transaction Number of Shares vested under award Number of Shares sold to cover taxes Price Shares sold in the market Total Shares held after vesting
Robert Wood 144,675 Vesting of Conditional Share Award 111,797 52,808 £12.096 203,664
CFO & Deputy CEO
Robert Hoskin 256,160 Exercise of vested option 97,379 Nil Nil 353,539
Chief Governance Officer
Entain also announces the acquisition of Shares under the Rules of the ADBP on
14 June 2023 as set out below:
Name & Role Shares held prior to Transaction Nature of Transaction Number of Shares Number of Shares sold to cover taxes Price Shares sold in the market Total Shares held after vesting
Robert Wood 203,664 Vesting of deferred bonus award 39,560 18,687 £12.096 224,537
CFO & Deputy CEO
The Entain Directors hold in aggregate 758,356 Shares (including those of
their closely associated persons) equivalent to 0.119% of the Company's issued
share capital.
Entain also announces that the following awards over Shares were granted to
Executive Directors of the Company on 16 June 2023 as set out below:
Name & Role Plan Number of Shares subject to the Award
Jette Nygaard-Andersen LTIP - 2023 grant 316,198
CEO
Robert Wood LTIP - 2023 grant 184,459
CFO & Deputy CEO
The LTIP awards will normally vest on 21 March 2026 subject to 1) continuous
employment; and 2) the satisfaction of the relative Total Shareholder Return
performance conditions set by the Company's Remuneration Committee. These
stretching performance conditions are detailed in the 2022 Directors'
Remuneration Report in the Entain Annual Report which is available on the
Entain corporate website at www.entaingroup.com (http://www.entaingroup.com/)
.
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 make appropriate adjustments
to reflect this.
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)
Investor Relations - Entain plc investors@entaingroup.com (mailto:investors@entaingroup.com)
David Lloyd-Seed, Chief IR & Communications Officer
Davina Hobbs, Head of Investor Relations
Aimee Remey, VP US IR
Callum Sims, IR Manager
Media - Entain plc media@entaingroup.com
Lisa Attenborough, Head of Corporate Communications
Jay Dossetter, Head of Corporate PR
Jodie Hitch, PR Manager
Media - Powerscourt Tel: +44 (0) 20 7250 1446
Rob Greening/Nick Hayns/Sam Austrums entain@powerscourt-group.com
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 BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet, Sports Interaction and SuperSport; Gaming brands include 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 and is the only
global operator to exclusively operate in domestically regulated or regulating
markets operating in over 40 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
(https://eur03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.entaingroup.com%2F&data=05%7C01%7CEmily.Carey%40entaingroup.com%7C89986aa3574b4384d55c08db10dbbe93%7C60c43c0a64ac4050bf3e31e1cdfffdeb%7C0%7C0%7C638122308205799396%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=XNdgGlXYdOaFRljkqU6Ae%2BTjlt%2B4xA90bacwAGAunqc%3D&reserved=0)
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 Share purchase
c) Price(s) and volume(s) Price(s) Volume(s)
1210.22p 20,481
d) Aggregated information
- Aggregated volume
- Price 20,481 ordinary shares of €0.01 each
1210.22p consideration
e) Date of the transaction 15 June 2023
f) Place of the transaction London Stock Exchange
Aquis Exchange plc
Cboe Europe Equities
Turquoise
d)
Aggregated information
- Aggregated volume
- Price
20,481 ordinary shares of €0.01 each
1210.22p consideration
e)
Date of the transaction
15 June 2023
f)
Place of the transaction
London Stock Exchange
Aquis Exchange plc
Cboe Europe Equities
Turquoise
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name J M Barry Gibson
2 Reason for the notification
a) Position/status Chairman of the Board
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 Share purchase
c) Price(s) and volume(s) Price(s) Volume(s)
1210.72p 1,651
d) Aggregated information
- Aggregated volume
- Price 1,651 ordinary shares of €0.01 each
1210.72p
e) Date of the transaction 14 June 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
1,651 ordinary shares of €0.01 each
1210.72p
e)
Date of the transaction
14 June 2023
f)
Place of the transaction
London Stock Exchange
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Brenda Gibson
2 Reason for the notification
a) Position/status Spouse of Chairman of the Board
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 Share purchase
c) Price(s) and volume(s) Price(s) Volume(s)
1211.93p 1,650
d) Aggregated information
- Aggregated volume
- Price 1,650 ordinary shares of €0.01 each
1211.93p
e) Date of the transaction 14 June 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
1,650 ordinary shares of €0.01 each
1211.93p
e)
Date of the transaction
14 June 2023
f)
Place of the transaction
London Stock Exchange
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Stella David
2 Reason for the notification
a) Position/status Senior Independent Non-Executive Director
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 Share purchase
c) Price(s) and volume(s) Price(s) Volume(s)
1207.00p 8,288
d) Aggregated information
- Aggregated volume
- Price 8,288 ordinary shares of €0.01 each
1207.00p
e) Date of the transaction 15 June 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
8,288 ordinary shares of €0.01 each
1207.00p
e)
Date of the transaction
15 June 2023
f)
Place of the transaction
London Stock Exchange
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 Vesting of conditional shares under the Entain plc 2017 Long Term Investment
Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 111,797
d) Aggregated information
- Aggregated volume
- Price 111,797 ordinary shares of €0.01 each
Nil consideration
e) Date of the transaction 14 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
111,797 ordinary shares of €0.01 each
Nil consideration
e)
Date of the transaction
14 June 2023
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 Exercise of vested option under the Entain plc 2017 Long Term Investment Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 97,379
d) Aggregated information
- Aggregated volume
- Price 97,379 ordinary shares of €0.01 each
Nil consideration
e) Date of the transaction 14 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
97,379 ordinary shares of €0.01 each
Nil consideration
e)
Date of the transaction
14 June 2023
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 Vesting of award under the Entain plc Annual and Deferred Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 39,560
d) Aggregated information
- Aggregated volume
- Price 39,560 ordinary shares of €0.01 each
Nil consideration
e) Date of the transaction 14 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
39,560 ordinary shares of €0.01 each
Nil consideration
e)
Date of the transaction
14 June 2023
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 2017 Long Term Investment
Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 316,198
d) Aggregated information
- Aggregated volume
- Price 316,198 ordinary shares of €0.01 each
Nil consideration
e) Date of the transaction 16 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
316,198 ordinary shares of €0.01 each
Nil consideration
e)
Date of the transaction
16 June 2023
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 Investment
Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 184,459
d) Aggregated information
- Aggregated volume
- Price 184,459 ordinary shares of €0.01 each
Nil consideration
e) Date of the transaction 16 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
184,459 ordinary shares of €0.01 each
Nil consideration
e)
Date of the transaction
16 June 2023
f)
Place of the transaction
Outside a trading venue
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