REG - GVC Holdings PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">GVC.L</Origin>

EntainAnnouncement

29/12/2017 10:35

RNS Number : 5791A
GVC Holdings PLC
29 December 2017
29 December 2017
GVC Holdings PLC
("GVC" or "Company")
Notification of Transactions by Persons Discharging Managerial Responsibility or Persons Closely Associated
2017 Awards granted under the GVC Holdings PLC 2017 Long Term Incentive Plan
The following awards over GVC ordinary shares of 0.01 each("Shares") under theGVC 2017 Long Term Incentive Plan ("LTIP") approved by the shareholders at the General Meeting held on 14 December 2017 were granted to Executive Directors of the Company on 28 December 2017 as set out below.
Name
Number of Shares subject to the Award
Kenneth Alexander
242,587
Paul Miles
94,339
The awards will normally vest on 28 December 2020 being the third anniversary of the Award Date subject to the satisfaction of the relative Total Shareholder Return (50%) and the cumulative Earning Per Share (50%) performance conditions.
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.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Kenneth Alexander
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
GVC Holdings 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 GVC Holdings PLC of 0.01 each


IM00B5VQMV65
b)
Nature of the transaction
Grant of Nil-Cost Option award under the GVC Holdings PLC 2017 Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
242,587
d)
Aggregated information
-
Aggregated volume
-
Price
242,587 ordinary shares of 0.01 each
Nil consideration
e)
Date of the transaction
28 December 2017
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Paul Miles
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
GVC Holdings 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 GVC Holdings PLC of 0.01 each


IM00B5VQMV65
b)
Nature of the transaction
Grant of Nil-Cost Option award under the GVC Holdings PLC 2017 Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
94,339
d)
Aggregated information
-
Aggregated volume
-
Price
94,339 ordinary shares of 0.01 each
Nil consideration
e)
Date of the transaction
28 December 2017
f)
Place of the transaction
Outside a trading venue
Enquiries
Robert Hoskin +350 200 78700
Company Secretary
GVC Holdings PLC

This information is provided by RNS
The company news service from the London Stock Exchange
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