William Hill PLC Director/PDMR Shareholding (9828N)

TIDMWMH

RNS Number : 9828N

William Hill PLC

14 May 2018

14 May 2018

Notification of Changes in the Interests of Directors/PDMRs

William Hill PLC (LSE: WMH) confirms, in accordance with the current Remuneration Policy of the Company approved by shareholders of the Company at the Annual General Meeting of the Company held in 2017, that Performance Share Plan ('PSP') awards were granted over the Company's ordinary share capital to Philip Bowcock, Chief Executive Officer and Ruth Prior, Chief Financial Officer, on 14 May 2018 as follows:

 
 Director / PDMR       PSP Award (at 
                     GBP2.828 per share) 
-----------------  --------------------- 
  Philip Bowcock          424,328 
-----------------  --------------------- 
    Ruth Prior            262,995 
-----------------  --------------------- 
 

The PSP Award is granted as a nil-cost option award. Vesting of the Award is conditional, inter alia, on the satisfaction of four performance conditions, each measured over a three year performance period as follows: 40% of the Award will be subject to a performance condition based on aggregate earnings per share (EPS); 20% of the Award will be subject to relative shareholder return (TSR); a further 20% of the Award will be based on online net revenue; and the final 20% of the Award will be subject to a new Sustainability measure agreed with, and to be monitored by, the Corporate Responsibility Committee. Any Award shares vesting on satisfactory achievement of the performance conditions will be subject to the holding period required under the Remuneration Policy.

Further information regarding the Remuneration Policy under which the awards were granted can be found in the Directors' Remuneration Report on pages 77 to 97 of the 2017 Annual Report.

The following information is given in accordance with Article 19.3 of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name                       Philip Bowcock 
                                  Ruth Prior 
---  -------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer (Director 
                                  and PDMR) 
                                  Chief Financial Officer (Director 
                                  and PDMR) 
---  -------------------------  ----------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------------- 
 a)   Name                       William Hill PLC 
---  -------------------------  ----------------------------------------- 
 b)   LEI                        213800MDW41W5UZQIX82 
---  -------------------------  ----------------------------------------- 
 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 10 pence 
       the financial              each 
       instrument, type 
       of instrument 
--- 
 
      Identification             ISIN: GB0031698896 
       code 
                                 SEDOL: 3169889 
---  -------------------------  ----------------------------------------- 
 b)   Nature of the              Grant of Awards under the 
       transaction                2014 Performance Share Plan 
---  -------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s) 
---                               ----------------  ------------------- 
                                   Price(s)          Volume(s) 
---                               ----------------  ------------------- 
                                   GBP2.828 per      424,328 ordinary 
                                    share             shares 
                                  ----------------  ------------------- 
                                   GBP2.828 per      262,995 ordinary 
                                    share             shares 
                                  ----------------  ------------------- 
 
 d)   Aggregated information 
--- 
 
      - Aggregated volume        Philip Bowcock - 424,328 
                                  ordinary shares 
 
                                  Ruth Prior - 262,995 ordinary 
                                  shares 
 
      - Price                    All awards granted at GBP2.828 
                                  per ordinary share 
 
 e)   Date of the transaction    14 May 2018 
---  -------------------------  ----------------------------------------- 
 f)   Place of the transaction   London, UK 
---  -------------------------  ----------------------------------------- 
 

OAM: Additional Regulated Information

William Hill LEI: 213800MDW41W5UZQIX82

 
 About William Hill 
=================== 
 

William Hill, The Home of Betting, is one of the world's leading betting and gaming companies, employing around 16,000 people. Founded in 1934, it is the one of the UK's largest bookmakers with around 2,340 licensed betting offices that provide betting opportunities on a wide range of sporting and non-sporting events, and gaming on machines, providing customers with the opportunity to access William Hill's products online, through their smartphone or tablet. William Hill US was established in June 2012 and provides land-based and mobile sports betting services in Nevada, and is the exclusive risk manager for the State of Delaware's sports lottery. William Hill PLC is listed on the London Stock Exchange and is a member of both the FTSE 250 and FTSE4Good Indices.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 14, 2018 09:00 ET (13:00 GMT)