REG - Paddy Power Betfair - Director/PDMR Shareholding

Flutter EntertainmentAnnouncement

11/03/2019 16:15

RNS Number : 5009S
Paddy Power Betfair plc
11 March 2019
 


11 March 2019
Paddy Power Betfair plc (the "Company")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Peter Jackson




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


Paddy Power Betfair plc




b)


LEI


635400EG4YIJLJMZJ782




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


Paddy Power Betfair plc ordinary shares of EUR0.09 each
 
IE00BWT6H894




b)


Nature of the transaction


Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Long Term Incentive Plan ("LTIP"); and
Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Deferred Share Incentive Plan ("DSIP").




c)


Price(s) and volume(s)


Price(s)


Volume(s)




£0


37,983 (LTIP)




£0


3,545 (DSIP)




d)


Aggregated information
- Aggregated volume
- Price


 
 
41,528 shares
£0




e)


Date of the transaction


2019-11-03




f)


Place of the transaction


Outside a trading venue




g)


Additional Information


LTIP
This award will vest on the third anniversary of the date of the grant thereof, subject to meeting the performance conditions and continued employment.
 
Vested LTIP awards then normally remain exercisable until 7 years from grant.
 
DSIP
This award will normally vest 50% after 1 year and 50% after 2 years from the date of grant, subject to continued employment.
 
Vested DSIP awards then normally remain exercisable until 7 years from grant.




 
 
 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Jonathan Hill




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


Paddy Power Betfair plc




b)


LEI


635400EG4YIJLJMZJ782




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


Paddy Power Betfair plc ordinary shares of EUR0.09 each
 
IE00BWT6H894




b)


Nature of the transaction


Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Long Term Incentive Plan ("LTIP").
 




c)


Price(s) and volume(s)


Price(s)


Volume(s)




£0


20,361




d)


Aggregated information
- Aggregated volume
- Price


 
 
20,361 shares
£0




e)


Date of the transaction


2019-11-03




f)


Place of the transaction


Outside a trading venue




g)


Additional Information


This award will vest on the third anniversary of the date of the grant thereof, subject to meeting the performance conditions and continued employment.
 
Vested LTIP awards then normally remain exercisable until 7 years from grant.




 




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