Director/PDMR Shareholding

RNS Number : 7239C
888 Holdings plc
04 May 2012
 



04 May 2012

888 Holdings PLC

Director/PDMR Shareholding

Following notifications made in accordance with DR 3.1.4(R)(1)(a), 888 Holdings plc wishes to notify the following changes in the interests of persons discharging managerial responsibility ("PDMRs") in ordinary shares of 888 Holdings plc ("Shares") arising out of the operation of its 888 All-Employee Share Plan.

On 27 March 2012, options to purchase Shares at a nil exercise price ("Awards") were granted under the 888 All-Employee Share Plan to the following PDMR, as set out below.  The numbers of shares stated are the maximum available to the PDMR. The number of shares was based on the closing price of the Shares on the date of grant.

PDMR

Shares under Award

Total interest in Shares after grant of Award

Aviad Kobrine

625,000 shares

 

1.2% beneficially owned according to current issued share capital (including unvested awards and unexercised options)

 

The Awards shall vest in their entirety on 12 April 2015, subject to fulfilment of performance conditions determined by the Remuneration Committee, such that the earliest date on which the PDMR will normally become entitled to such Awards is 12 April 2015.

-ends-

Contacts and enquiries:

M:Communications


Ann-marie Wilkinson/Andrew Benbow

+44 (0)20 7920 2344

 


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