Director/PDMR Shareholding

RNS Number : 9942B

888 Holdings plc

10 April 2017

 

10 April 2017

888 Holdings Plc

Notification of Transactions by Persons Discharging Managerial Responsibilities

Following notifications made in accordance with Article 19(1) of the EU Market Abuse Regulation (EU 596/2014) and in accordance with Article 19(3) thereof, 888 Holdings Plc (the Company) notifies the following transactions by persons discharging managerial responsibilities (each, a PDMR) in ordinary shares of the Company (Ordinary Shares) under the 888 Long Term Incentive Plan 2015 (the Plan).

On 7 April 2017 (the Date of Grant), the following awards (Awards) were made to the PDMRs for no consideration under the Plan.  The numbers of Ordinary Shares stated are the amount that the Company undertook to award to the relevant PDMR and as disclosed in the Remuneration Policy. Each award was calculated based on the closing price of the Ordinary Shares on the Date of Grant.

PDMR	Type of Award	Number of Ordinary Shares upon full vesting of Award
Itai Frieberger	Conditional Share Award	515,334
Aviad Kobrine	Nil-Cost Option	240,110

The Awards will vest in the normal course on 6 April 2020, subject to fulfilment of the applicable performance conditions as set out in the Company's Directors' Remuneration Policy in force on the Date of Grant.

The notification of dealing form for each PDMR can be found below.

1	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name of person	Itai Frieberger
2	Reason for 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 of issuer	888 Holdings Plc
(b)	Legal Entity Identifier	213800H84UJQYSVF9750
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 financial instrument	Ordinary Shares of 0.5p each in the capital of 888 Holdings plc
	Identification code	ISIN: GI000A0F6407
(b)	Nature of transaction	Grant of a Conditional Share Award relating to the Ordinary Shares, in line with Remuneration Policy
(c)	Price and volume of transaction	No consideration; 515,334 Ordinary Shares
(d)	Aggregated information - Volume Price	515,334 Ordinary Shares No consideration
(e)	Date of transaction	7 April 2017
(f)	Place of transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name of person	Aviad Kobrine
2	Reason for notification
(a)	Position/status	Chief Financial Officer
(b)	Initial notification/ amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name of issuer	888 Holdings Plc
(b)	Legal Entity Identifier	213800H84UJQYSVF9750
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 financial instrument	Ordinary Shares of 0.5p each in the capital of 888 Holdings plc
	Identification code	ISIN: GI000A0F6407
(b)	Nature of transaction	Grant of a Nil-Cost Option relating to the Ordinary Shares, in line with Remuneration Policy
(c)	Price and volume of transaction	No consideration; 240,110 Ordinary Shares
(d)	Aggregated information - Volume Price	240,110 Ordinary Shares No consideration
(e)	Date of transaction	7 April 2017
(f)	Place of transaction	Outside a trading venue

- ends -

Contacts and enquiries

888 Holdings Plc	[phone]
Brian Mattingley, Chairman
Itai Frieberger, Chief Executive Officer
Aviad Kobrine, Chief Financial Officer
Hudson Sandler	[phone]
Alex Brennan
Bertie Berger

 

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