Ladbrokes Coral Group PLC Director/PDMR Shareholding (1481J)

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RNS Number : 1481J

Ladbrokes Coral Group PLC

27 March 2018

LADBROKES CORAL GROUP PLC

Notification of Interests of Directors and Persons Discharging Managerial Responsibility ("PDMR")

On 26 March 2018, the Court sanctioned a scheme of arrangement for the acquisition of the entire issued and to be issued share capital of Ladbrokes Coral Group plc (the "Company") by GVC Holdings PLC ("GVC" and the "Acquisition", respectively). As a result of this, the following outstanding awards(1) ("Awards") held by a PDMR under the 1983 Savings Related Share Option Scheme ("Sharesave") vested and were exercised.

Details of the total number of Shares vesting in respect of executive directors and PDMRs are as follows:

 
                    Number              Number      Balance 
                 of Shares           of Shares    of Shares 
                   subject            deducted         held 
                 to Awards             for Net 
                    Vested          Settlement 
                                      purposes 
                              (i.e. proportion 
                                      of Award 
                                        Shares 
                                    which were 
                                       settled 
                                      in cash) 
 
 Name 
 Andy Hornby 
 
      SAYE           3,960                            3,960 
                                                ----------- 
 
 
 

This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure Guidance and Transparency Rules.

The attached notifications made in accordance with the EU Market Abuse Regulation, provide further information.

Geoff Mason

Company Secretary

Notes

1 The share awards were made in respect of the Company's ordinary shares of 281/3 pence per share ("Shares").

Ladbrokes Coral Group plc LEI: 213800P7FJOPCV4H3J04

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                             Andy Hornby 
---  -------------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                  Chief Operating Officer 
---  -------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment   Amendment - additional notification 
---  -------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                             Ladbrokes Coral Group plc 
---  -------------------------------  ------------------------------------ 
 b)   LEI                              213800P7FJOPCV4H3J04 
---  -------------------------------  ------------------------------------ 
 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                   Ordinary shares of 281/3 pence 
       the financial                    each ("Shares") 
       instrument, type 
       of instrument 
      Identification                   GB00B0ZSH635 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the                    Vesting of Share Awards 
       transaction 
---  -------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                         ----------  ---------- 
                                          GBP1.01     3,960 
                                         ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)   Aggregated information 
 
        *    Aggregated volume           3960 
                                         GBP3,999.60 
 
        *    Price 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          2018-03-26 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         Outside a trading venue 
---  -------------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 27, 2018 12:30 ET (16:30 GMT)