Paddy Power Betfair plc Director/PDMR Shareholding (5009S)

TIDMPPB

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          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 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) 
     ------------------------------------  -------------------------------------  ------------------------------------ 
                                                            GBP0                              37,983 (LTIP) 
     ------------------------------------  -------------------------------------  ------------------------------------ 
                                                            GBP0                              3,545 (DSIP) 
     ------------------------------------  -------------------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                41,528 shares 
                                              GBP0 
     ------------------------------------  --------------------------------------------------------------------------- 
 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                     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 shares of 
        of the financial                         EUR0.09 each 
        instrument, 
        type of instrument                       IE00BWT6H894 
        Identification 
        code 
      ---------------------------------------  -------------------------------------------------------- 
 b)    Nature of the                            Grant of nil value share options over Paddy 
        transaction                              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                                      Price(s)                    Volume(s) 
        volume(s) 
      ---------------------------------------  ---------------------------  --------------------------- 
                                    GBP0                                               20,361 
  ------------------------------------------------------------------------  --------------------------- 
 d)    Aggregated information 
        - Aggregated 
        volume                                    20,361 shares 
        - Price                                   GBP0 
      ---------------------------------------  -------------------------------------------------------- 
 e)    Date of the                              2019-11-03 
        transaction 
      ---------------------------------------  -------------------------------------------------------- 
 f)    Place of the                             Outside a trading venue 
        transaction 
      ---------------------------------------  -------------------------------------------------------- 
 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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March 11, 2019 12:15 ET (16:15 GMT)