Paddy Power Betfair plc Director/PDMR Shareholding (9989N)

TIDMPPB

RNS Number : 9989N

Paddy Power Betfair plc

03 February 2016

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 
      Name of the Issuer                   Name of person discharging 
                                            managerial responsibilities 
       PADDY POWER BETFAIR 
 1     PLC                            2     PETER JACKSON (DIRECTOR) 
---  ------------------------------  ---  ---------------------------------- 
                                           Indicate whether the notification 
      State whether notification            is in respect of a holding 
       relates to a person                  of the person referred 
       closely associated                   to in 2 or 3 above or 
       with a person discharging            in respect of a non-beneficial 
       managerial responsibilities          interest 
       named in 2 and identify 
       the connected person                 NOTIFICATION IS IN RESPECT 
                                            OF THE PERSON NAMED AT 
 3     N/A                            4     2 ABOVE 
---  ------------------------------  ---  ---------------------------------- 
      Description of shares 
       or derivatives or other             Name of registered shareholder(s) 
       financial instruments                and, if more than one, 
       linked to them                       number of shares or derivatives 
                                            or other financial instruments 
                                            linked to them, held by 
                                            each shareholder 
       ORDINARY SHARES OF 
 5     EUR0.09 EACH                   6     HSDL NOMINEES LIMITED 
---  ------------------------------  ---  ---------------------------------- 
      State the nature of 
       the transaction 
 
       ISSUE OF PADDY POWER 
       BETFAIR PLC SHARES 
       IN EXCHANGE FOR BETFAIR 
       GROUP PLC SHARES UPON               Number of shares, derivatives 
       COMPLETION OF MERGER                 or other financial instruments 
       BETWEEN PADDY POWER                  linked to them acquired 
       PLC AND BETFAIR GROUP 
 7     PLC                            8     930 ORDINARY SHARES 
---  ------------------------------  ---  ---------------------------------- 
                                           Price per share or derivative 
                                            or other financial instrument 
                                            linked to them or value 
                                            of transaction 
 
      Number of shares, derivatives         EXCHANGE OF SHARES IN 
       or other financial                   BETFAIR GROUP PLC AT EXCHANGE 
       instruments linked                   RATIO OF 0.4254 PADDY 
       to them disposed of                  POWER BETFAIR PLC SHARES 
                                            FOR EACH BETFAIR GROUP 
 9     N/A                            10    PLC SHARE 
---  ------------------------------  ---  ---------------------------------- 
      Date and place of transaction        Date issuer informed of 
                                            transaction 
       DUBLIN, 2 FEBRUARY 
 11    2016                           12    2 FEBRUARY 2016 
---  ------------------------------  ---  ---------------------------------- 
                                           Name of contact and telephone 
                                            number for queries 
      Any additional information 
                                            PRITTI PATEL 
 13    N/A                            14    00 44 (0) 208 834 6886 
---  ------------------------------  ---  ---------------------------------- 
 
        Person authorised on behalf of the issuer responsible 
        for making the notification: 
 
        Pritti Patel, Paddy Power Betfair plc 
 
        Date of notification: 3 February 2016 
---  ----------------------------------------------------------------------- 
 

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons. An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

 
                                       State whether the notification 
                                        relates to a single 
      Name of director or               transaction being notified 
       secretary (if not                in accordance with the 
       required to be stated            Market Abuse Rules and 
       in box 2)                        ISE LR 6.10 
 
 15    N/A                        16    YES 
---  --------------------------  ---  ------------------------------- 
                                       Percentage of issued class 
                                        acquired (treasury shares 
      Description of class              of that class should not 
       of share                         be taken into account 
                                        when calculating percentage) 
       ORDINARY SHARES OF 
 17    EUR0.09 EACH               18    0.001% 
---  --------------------------  ---  ------------------------------- 
                                       Total holding following 
      Percentage of issued              notification and total 
       class disposed (treasury         percentage holding following 
       shares of that class             notification (any treasury 
       should not be taken              shares should not be taken 
       into account when                into account when calculating 
       calculating percentage)          percentage) 
 
 19    N/A                        20    930 ORDINARY SHARES (0.001%) 
---  --------------------------  ---  ------------------------------- 
 

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

 
                                      Period during which or 
                                       date on which it can be 
      Date of grant                    exercised 
 21    N/A                       22    N/A 
---  -------------------------  ---  ----------------------------- 
      Total amount paid 
       (if any) for grant             Description of shares 
       of the option                   involved (class and number) 
 23    N/A                       24    N/A 
---  -------------------------  ---  ----------------------------- 
      Exercise price (if 
       fixed at time of grant) 
       or indication that 
       the price is to be             Total number of shares 
       fixed at the time               over which options are 
       of exercise                     held following notification 
 25    N/A                       26    N/A 
---  -------------------------  ---  ----------------------------- 
 
   Name and signature of duly designated officer of 
   issuer responsible for making notification: 
 
   Pritti Patel, Paddy Power Betfair plc 
 
   Date of notification: 3 February 2016 
------------------------------------------------------------------ 
 

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 03, 2016 11:30 ET (16:30 GMT)