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RNS Number : 6189C Entain PLC 30 April 2026
30 April 2026
Entain plc
("Entain" or "Group" 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")
Entain plc (LSE: ENT), the global sports betting and gaming group, announces
that the following awards over Entain ordinary shares of €0.01 each
("Shares") were granted to Executive Directors of the Company under the Rules
of the LTIP on 30 April 2026 as set out below:
Name Role Number of Shares subject to the Award
Stella David Chief Executive Officer 725,967
Michael Snape Chief Financial Officer 413,913
The LTIP awards will normally vest on 30 April 2029, subject to 1) continuous
employment; and 2) the satisfaction of the performance conditions set by the
Company's Remuneration Committee on 23 March 2026. The performance conditions
are detailed below. The post tax number of shares vesting from these awards
are subject to a two-year post vest, holding period.
The Company confirms the performance condition targets that apply to the
awards are:
Performance Measure Weighting Threshold Maximum
TSR bespoke peer group(1) 25% Median 75(th) percentile
2028 Adjusted Cash Flow 25% £450m £525m
2028 Adjusted diluted EPS 25% 74p 89p
Digital market growth compared to the market 25% The targets set for this measure are commercially sensitive and will be
released at the point of vesting.
1. The TSR bespoke peer group comprising of: Caesars Entertainment,
Codere, DraftKings, Evolution Gaming, Flutter Entertainment, La Française des
Jeux, Lottomatica Group, MGM Resorts, Penn Entertainment, Rank Group,
SuperGroup, Tabcorp Holdings, as adjusted from time to time in accordance with
this Schedule.
25% of the award will vest at threshold performance and 100% of the award will
vest at maximum performance. There will be straight line vesting between these
points. Each element operates independently.
The Remuneration Committee has full discretion to ensure that the level of
vesting is appropriate based on the overall performance of the Group and the
shareholder and employee experience.
The information set out below is provided in accordance with the requirements
of Article 19(3) of the Market Abuse Regulation (EU) No. 596/2014 as it forms
part of English law by virtue of the European Union (Withdrawal) Act 2018.
Enquiries:
Company Secretary secretary@entaingroup.com (mailto:secretary@entaingroup.com)
Investor Relations - Entain plc investors@entaingroup.com (mailto:investors@entaingroup.com)
Media - Entain plc media@entaingroup.com
Sodali & Co Tel: +44 (0) 20 7250 1446
Rob Greening/Russ Lynch/Sam Austrums entain@sodali.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, STS and SuperSport; Gaming brands include
Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and
PartyCasino. The Group operates the TAB NZ brand as part of a long-term
strategic partnership with TAB New Zealand. 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 30 territories.
Entain is a leader in ESG, being AAA rated by MSCI, and a member of S&P
Global Sustainability Yearbook and the FTSE4Good. 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 Stella David
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 725,967
d) Aggregated information
- Aggregated volume
- Price 725,967 ordinary shares of €0.01 each
Nil consideration
e) Date of the transaction 30/04/2026
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
725,967 ordinary shares of €0.01 each
Nil consideration
e)
Date of the transaction
30/04/2026
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Michael Snape
2 Reason for the notification
a) Position/status Chief Financial 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 413,913
d) Aggregated information
- Aggregated volume
- Price 413,913 ordinary shares of €0.01 each
Nil consideration
e) Date of the transaction 30/04/2026
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
413,913 ordinary shares of €0.01 each
Nil consideration
e)
Date of the transaction
30/04/2026
f)
Place of the transaction
Outside a trading venue
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