888 Holdings plc
12 May 2006
888 HOLDINGS PLC
DISPOSAL UNDER LOCK-UP ARRANGEMENTS AND NOTIFICATION OF TRANSACTIONS OF
DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
12 May 2006
888 Holdings plc ('888') announces that HSBC Bank plc ('HSBC') has agreed to
disposals under exemptions allowed in the respective lock-up arrangements put in
place upon 888's admission to the Official List of the FSA and to trading on the
London Stock Exchange between, amongst others, HSBC, and the following
individuals (the 'Transferors') in respect of the transfer by the Transferors of
certain shares in 888 as set out in the information provided below.
The respective lock-up arrangements to which the Transferors are subject in
respect of their respective shareholdings shall continue as described in the
prospectus published by 888 on 15 September 2005 and, accordingly, shall expire
on the date of publication of the interim report and accounts for 888 for the
six month period ending 30 June 2006.
+----+------------------------------------------------------+---+------------------------+
|1. |Name of issuer |2. |State whether the |
| |888 Holdings Public Limited Company | |notification relates to |
| | | |(i) a transaction |
| | | |notified in accordance |
| | | |with DR 3.1.4(R)(1)(a); |
| | | |or |
| | | |(ii) DR 3.1.4(R)(1)(b) a|
| | | |disclosure made in |
| | | |accordance with section |
| | | |324 (as extended by |
| | | |section 328) of the |
| | | |Companies Act 1985; or |
| | | |(iii) both (i) and (ii) |
| | | |(iii) - both DR 3.1.4(R)|
| | | |(1)(a) and equivalent |
| | | |disclosure of s.324 of |
| | | |the Companies Act 1985 |
| | | |(UK) pursuant to DR |
| | | |3.1.8(R) |
+----+------------------------------------------------------+---+------------------------+
|3. |Name of person discharging managerial responsibilities|4. |State whether |
| |/director | |notification relates to |
| +--------------------------+---------------------------+ |a person connected with |
| |Name |Position | |a person discharging |
| | | | |managerial |
| |Jordan Rosenberg |Executive Vice-President - | |responsibilities/ |
| | |ePayments | |director named in 3 and |
| | | | |identify the connected |
| |Zvi Alon |Executive Vice-President - | |person |
| | |Product Development | |The notification relates|
| | | | |to the persons named in |
| |Michael Palmon |Executive Vice-President - | |3 and not to any |
| | |Marketing | |connected persons. |
| | | | | |
| |Eran Gonen |Chief Operating Officer - | | |
| | |Gibraltar | | |
+----+--------------------------+---------------------------+---+------------------------+
|5. |Indicate whether the notification is in respect of a |6. |Description of shares |
| |holding of the person referred to in 3 or 4 above or | |(including class), |
| |in respect of a non-beneficial interest | |debentures or |
| |The notification relates to holdings of the persons | |derivatives or financial|
| |named in 3. | |instruments relating to |
| | | |shares |
| | | |Ordinary shares in 888 |
| | | |of £0.005 each |
| | | |('Shares') |
+----+--------------------------+---------------------------+---+------------------------+
+----+--------------------------+---------------------------+---+------------------------+
+---+----------------------------------+----+--------------------------------------+
|7. |Name of registered shareholder(s) |8. |State the nature of the transaction |
| |and, if more than one, the number | |The persons named in 3 above sold |
| |of shares held by each of them | |Shares in 888. |
| |Capita IRG Trustees (Nominees) | | |
| |Limited | | |
+---+----------------------------------+----+--------------------------------------+
|9. |Number of shares, debentures or |10. |Percentage of issued class acquired |
| |financial instruments relating to | |(treasury shares of that class should |
| |shares acquired | |not be taken into account when |
| |N/A | |calculating percentage) |
| | | |N/A |
+---+----------------------------------+----+--------------------------------------+
|11.|Number of shares, debentures or |12. |Percentage of issued class disposed |
| |financial instruments relating to | |(treasury shares of that class should |
| |shares disposed | |not be taken into account when |
| |Name Number of shares | |calculating percentage) |
| | | |Name Percentage |
| |Jordan Rosenberg 356,292 | | |
| | | |Jordan Rosenberg 0.11 |
| |Zvi Alon 106,000 | | |
| | | |Zvi Alon 0.03 |
| |Michael Palmon 360,000 | | |
| | | |Michael Palmon 0.11 |
| |Eran Gonen 36,154 | | |
| | | |Eran Gonen 0.01 |
+---+----------------------------------+----+--------------------------------------+
|13.|Price per share or value of |14. |Date and place of transaction |
| |transaction | |10 May 2006, London |
| |233.137 pence per Share | | |
+---+----------------------------------+----+--------------------------------------+
|15.|Total holding following notification and total percentage holding following |
| |notification (any treasury shares should not be taken into account when |
| |calculating percentage) |
| |Following notification, the total holding and total percentage holding of each|
| |person is set opposite his name below: |
| |+------------------------+------------------------+------------------------+ |
| ||Name |Total holding |Total percentage holding| |
| |+------------------------+------------------------+------------------------+ |
| ||Jordan Rosenberg |2,018,989 |0.60 | |
| |+------------------------+------------------------+------------------------+ |
| ||Zvi Alon |606,545 |0.18 | |
| |+------------------------+------------------------+------------------------+ |
| ||Michael Palmon |2,131,553 |0.63 | |
| |+------------------------+------------------------+------------------------+ |
| ||Eran Gonen |204,870 |0.06 | |
| |+------------------------+------------------------+------------------------+ |
+---+------------------------------------------------------------------------------+
|16.|Date issuer informed of transaction |
+---+------------------------------------------------------------------------------+
| |10 May 2006 |
+---+------------------------------------------------------------------------------+
If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes
+----+----------------------------------+----+---------------------------------+
|17. |Date of grant |18. |Period during which or date on |
| | | |which it can be exercised |
+----+----------------------------------+----+---------------------------------+
| |n/A | |n/A |
| | | | |
+----+----------------------------------+----+---------------------------------+
|19. |Total amount paid (if any) for |20. |Description of shares or |
| |grant of the option | |debentures involved (class and |
| | | |number) |
+----+----------------------------------+----+---------------------------------+
| |N/A | |N/A |
+----+----------------------------------+----+---------------------------------+
|21. |Exercise price (if fixed at time |22. |Total number of shares or |
| |of grant) or indication that price| |debentures over which options |
| |is to be fixed at the time of | |held following notification |
| |exercise | | |
+----+----------------------------------+----+---------------------------------+
| |N/A | |N/A |
+----+----------------------------------+----+---------------------------------+
|23. |Any additional information |24. |Name of contact and telephone |
| | | |number for queries |
| | | | |
+----+----------------------------------+----+---------------------------------+
| |N/A | |Aviad Kobrine |
| | | |+350 49800 |
+----+----------------------------------+----+---------------------------------+
+-----------------------------------------------------------------------------+
| |
|Name and signature of duly authorised officer of issuer responsible for |
|making this notification |
| |
| |
|____________________________________________________ |
| |
|Aviad Kobrine on behalf of 888 Holdings Public Limited Company |
| |
| |
|Date of notification: 11 May 2006 |
+-----------------------------------------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.