888 Holdings plc Director/PDMR Shareholding (3896W)

TIDM888

RNS Number : 3896W

888 Holdings plc

16 April 2019

16 April 2019

888 Holdings plc

Notification of Transactions by Persons Discharging Managerial Responsibilities

Following notifications made in accordance with Article 19(1) of the EU Market Abuse Regulation (EU 596/2014) and in accordance with Article 19(3) thereof, 888 Holdings Plc (the "Company") notifies the following transaction by a person discharging managerial responsibilities (a PDMR) in ordinary shares of 0.5p each in the Company ("Ordinary Shares").

On 15 April 2019, the Company was notified that Mr Itai Frieberger, Non-executive Director at 888, sold 2,000,000 Ordinary Shares on 15 April 2019, at a price of 152p each (the "Transaction"). As previously announced, Mr Frieberger stepped down as Chief Executive Officer of 888 on 24 January 2019, after more than 15 years with the Company, with this Transaction conducted as part of Mr Frieberger's personal wealth planning. Mr Frieberger has verbally committed to not selling any further Ordinary Shares for a period of at least 60 days from today's date.

Post this Transaction, Mr Frieberger holds an interest of 3,511,297 Ordinary Shares, representing 1.0 per cent. of the Company's issued share capital.

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 
 1. Details of the person discharging managerial responsibilities/person 
  closely associated 
 (a)     Name                                      Itai Frieberger 
        ----------------------------------------  ---------------------------------------------- 
 2. Reason for the notification 
 (a)     Position/status                           Non-Executive Director 
        ----------------------------------------  ---------------------------------------------- 
 (b)     Initial notification/Amendment            Initial notification 
        ----------------------------------------  ---------------------------------------------- 
 3. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 (a)     Name                                      888 Holdings Plc 
        ----------------------------------------  ---------------------------------------------- 
 (b)     LEI                                       213800H84UJQYSVF9750 
        ----------------------------------------  ---------------------------------------------- 
 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                        Ordinary Shares of 0.5p each in the capital 
          financial instrument,                     of 888 Holdings plc (Ordinary Shares) 
          type of instrument                        ISIN: GI000A0F6407 
          Identification code 
        ----------------------------------------  ---------------------------------------------- 
 (b)     Nature of the transaction                 Sale of Ordinary Shares 
        ----------------------------------------  ---------------------------------------------- 
 (c)     Price(s) and volume(s)                    Price(s)                Volume(s) 
                                                    152 pence               2,000,000 
        ----------------------------------------  ----------------------  ---------------------- 
 (d)          Aggregated information 
                *    Aggregated volume               N/A - single transaction 
 
 
                *    Price 
        ----------------------------------------  ---------------------------------------------- 
 (e)     Date and time of the                      15 April 2019 
          transaction 
        ----------------------------------------  ---------------------------------------------- 
 (f)     Place of the transaction                  London Stock Exchange 
        ----------------------------------------  ---------------------------------------------- 
 

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Contacts and enquiries

 
 888 Holdings plc 
  Brian Mattingley, Chairman 
  Itai Pazner, Chief Executive Officer 
  Aviad Kobrine, Chief Financial Officer    [phone] 
 Hudson Sandler 
  Alex Brennan 
  Hattie O'Reilly 
  Bertie Berger                             [phone] 
 

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April 16, 2019 10:06 ET (14:06 GMT)