30 April 2024
Entain plc
("Entain" or "Group" or "Company")
Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMR")
Or Persons Closely Associated ('PCA')
Entain plc (LSE: ENT), the global sports betting and gaming group, announces transactions of Entain ordinary shares of €0.01 each in the capital of the Company ("Shares") due to portfolio rebalancing transactions by Eminence Capital, LP set out below:
Name & Role |
Shares held prior to dealing |
Nature of transaction |
Number Shares sold and purchased |
Date of Sale and Purchase of Shares |
Sale & Purchase price (pence per share) |
Total Shares held after dealing
|
Eminence Capital, LP PCA of Ricky Sandler |
30,054,030 |
Rebalancing transaction between funds and accounts managed by Eminence Capital, LP |
Sold: 924,505 Purchased: 924,505 |
26/04/2024 |
784.20p |
30,054,030 |
There is no change to the aggregate holding of the funds and accounts managed by Eminence Capital, LP as a result of the rebalancing transactions above. The purchase and sales were done simultaneously as two separate cross transactions between Eminence funds and accounts.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 as it forms part of UK law.
Enquiries:
Company Secretary
Investor Relations - Entain plc
|
|
Media - Entain plc |
media@entaingroup.com
|
Powerscourt
Rob Greening/Russ Lynch/Sam Austrums |
Tel: +44 (0) 20 7250 1446
entain@powerscourt-group.com |
LEI: 213800GNI3K45LQR8L28
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands: Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK and is the only global operator to exclusively operate in domestically regulated or regulating markets operating in over 30 territories.
Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has set a science-based target, committing to be carbon net zero by 2035 and through the Entain Foundation supports a variety of initiatives, focusing on safer gambling, grassroots sport, diversity in technology and community projects. For more information see the Group's website: www.entaingroup.com
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Eminence Capital, LP |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
PCA of Ricky Chad Sandler, a Non-Executive Director of the issuer |
||||
b) |
Initial notification/Amendment |
Initial notification |
||||
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
a) |
Name |
Entain plc |
||||
b) |
LEI |
213800GNI3K45LQR8L28 |
||||
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 instrument, type of instrument Identification code |
Ordinary shares of Entain plc of €0.01 each IM00B5VQMV65 |
||||
b) |
Nature of the transaction |
Share sale |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
924,505 ordinary shares of €0.01 each
|
||||
e) |
Date of the transaction |
26 April 2024 |
||||
f) |
Place of the transaction |
CBOE BXE |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Eminence Capital, LP |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
PCA of Ricky Chad Sandler, a Non-Executive Director of the issuer |
||||
b) |
Initial notification/Amendment |
Initial notification |
||||
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
a) |
Name |
Entain plc |
||||
b) |
LEI |
213800GNI3K45LQR8L28 |
||||
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 instrument, type of instrument Identification code |
Ordinary shares of Entain plc of €0.01 each IM00B5VQMV65 |
||||
b) |
Nature of the transaction |
Share purchase |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
924,505 ordinary shares of €0.01 each
|
||||
e) |
Date of the transaction |
26 April 2024 |
||||
f) |
Place of the transaction |
CBOE BXE |