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PPB Paddy Power Betfair Plc

5,676.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Paddy Power Betfair Plc LSE:PPB London Ordinary Share IE00BWT6H894 ORD EUR0.09
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5,676.00 5,694.00 5,700.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Paddy Power Betfair plc Director/PDMR Shareholding (1933Z)

10/03/2017 3:49pm

UK Regulatory


Paddy Power Betfair (LSE:PPB)
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TIDMPPB

RNS Number : 1933Z

Paddy Power Betfair plc

10 March 2017

10 March 2017

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                                  Breon Corcoran 
---  ------------------------------------  --------------------------------------------------------------------------- 
 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          Paddy Power Betfair plc ordinary shares of EUR0.09 each 
      instrument, type of instrument 
      Identification code                    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 (i) Paddy Power Betfair plc 2015 Long Term Incentive Plan 
                                            ("LTIP"); and (ii) Paddy 
                                            Power Betfair plc 2015 Deferred Share Incentive Plan ("DSIP") 
---  ------------------------------------  --------------------------------------------------------------------------- 
 c)   Price(s) and volume(s)                              Price(s)                              Volume(s) 
---  ------------------------------------  -------------------------------------  ------------------------------------ 
                                                            GBP0                              25,579 (LTIP) 
---  ------------------------------------  -------------------------------------  ------------------------------------ 
                                                            GBP0                              2,227 (DSIP) 
---  ------------------------------------  -------------------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                27,806 shares 
                                              GBP0 
---  ------------------------------------  --------------------------------------------------------------------------- 
 e)   Date of the transaction               2017-10-03 
---  ------------------------------------  --------------------------------------------------------------------------- 
 f)   Place of the transaction              Outside a trading venue 
---  ------------------------------------  --------------------------------------------------------------------------- 
 g)   Additional Information                LTIP 
                                            These awards 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 
                                            The awards 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                      Alex Gersh 
---  ------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------- 
 a)   Position/status           Chief Financial Officer 
---  ------------------------  ----------------------------------------- 
 b)   Initial notification      Initial Notification 
       /Amendment 
---  ------------------------  ----------------------------------------- 
 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               Paddy Power Betfair plc ordinary 
       of the financial          shares of EUR0.09 each 
       instrument, 
       type of instrument        IE00BWT6H894 
       Identification 
       code 
---  ------------------------  ----------------------------------------- 
 b)   Nature of                 Grant of nil value share options 
       the transaction           over Paddy Power Betfair plc ordinary 
                                 shares of EUR0.09 each under the 
                                 (i) Paddy Power Betfair plc 2015 
                                 Long Term Incentive Plan ("LTIP"); 
                                 and (ii) Paddy Power Betfair plc 
                                 2015 Deferred Share Incentive Plan 
                                 ("DSIP") 
---  ------------------------  ----------------------------------------- 
 c)   Price(s)                      Price(s)             Volume(s) 
       and volume(s) 
---  ------------------------  -----------------  ---------------------- 
                                      GBP0             13,399 (LTIP) 
---  ------------------------  -----------------  ---------------------- 
                                      GBP0             1,400 (DSIP) 
---  ------------------------  -----------------  ---------------------- 
 d)   Aggregated 
       information 
       - Aggregated               14,799 shares 
       volume                     GBP0 
       - Price 
---  ------------------------  ----------------------------------------- 
 e)   Date of the               2017-10-03 
       transaction 
---  ------------------------  ----------------------------------------- 
 f)   Place of                  Outside a trading venue 
       the transaction 
---  ------------------------  ----------------------------------------- 
 g)   Additional                LTIP 
       Information               These awards 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 
                                 The awards 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. 
---  ------------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEBLFFDXFZBBV

(END) Dow Jones Newswires

March 10, 2017 10:49 ET (15:49 GMT)

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