Director/PDMR Shareholding

RNS Number : 7505R

888 Holdings plc

25 September 2017

 

25 September 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 transaction by persons discharging managerial responsibilities (PDMRs) with respect to ordinary shares of 0.5p each in the capital of the Company (Ordinary Shares).

On 25 September 2017:

(a) Itai Frieberger sold 500,000 Ordinary Shares granted to him under the 888 All Employee Plan (comprising 34,692 Ordinary Shares resulting from the exercise of options granted on 8 April 2008 and exercised on 25 September 2017 at a price of GBP 1.4939, 62,866 Ordinary Shares granted on 24 May 2011 and vested on 24 May 2015, and 402,442 Ordinary Shares granted on 27 March 2012 and vested on 12 April 2015).

(b) Aviad Kobrine exercised options over 500,000 Ordinary Shares granted to him under the 888 All Employee Plan (comprising 500,000 nil cost options granted on 24 May 2011 and vested on 24 May 2012) and sold all of the resulting Ordinary Shares.

The notification of dealing forms for the PDMRs 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 (Ordinary Shares)
	Identification code	ISIN: GI000A0F6407
(b)	Nature of transaction	Exercise of options relating to Ordinary Shares, and sale of Ordinary Shares
(c)	Price and volume of transaction	Exercise of options: GBP 1.4939 per Ordinary Share; 34,692 Ordinary Shares. Sale of Ordinary Shares: GBP 2.555 per Ordinary Share; 500,000 Ordinary Shares.
(d)	Aggregated information - Volume Price	Exercise of options: 34,692 Ordinary Shares Sale of Ordinary Shares: 500,000 Ordinary Shares Exercise of options: GBP 1.4939 per Ordinary Share Sale of Ordinary Shares: GBP 2.555 per Ordinary Share
(e)	Date of transaction	25 September 2017
(f)	Place of transaction	Exercise of options: outside a trading venue Sale of Ordinary Shares: London Stock Exchange

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 (Ordinary Shares)
	Identification code	ISIN: GI000A0F6407
(b)	Nature of transaction	Exercise of options relating to Ordinary Shares, and sale of Ordinary Shares
(c)	Price and volume of transaction	Exercise of options: Nil cost options; 500,000 options. Sale of Ordinary Shares: GBP 2.555 per Ordinary Share; 500,000 Ordinary Shares.
(d)	Aggregated information - Volume Price	Exercise of options: 500,000 Ordinary Shares Sale of Ordinary Shares: 500,000 Ordinary Shares Exercise of options: GBP nil Sale of Ordinary Shares: GBP 2.555 per Ordinary Share
(e)	Date of transaction	25 September 2017
(f)	Place of transaction	Exercise of options: outside a trading venue Sale of Ordinary Shares: London Stock Exchange

 - ends -

Contacts and enquiries

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

 

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