Director/PDMR Shareholding

RNS Number : 3685M
888 Holdings plc
11 May 2020
 

11 May 20 20

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 a person discharging managerial responsibilities (PDMR) under the 888 Deferred Share Bonus Plan (the Plan) .

With effect as of 16 April 2020 (the Date of Grant), Itai Pazner was granted conditional share awards of up to 21,544 Ordinary Shares and Aviad Kobrine was granted nil-cost options over up to 42,368 Ordinary Shares. The foregoing grants relate to a portion of the 2019 annual bonuses of Mr. Pazner and Mr. Kobrine which is deferred into shares, and were made for no consideration under the Plan, vesting in equal annual tranches over three years from the Date of Grant, subject to fulfilment of the applicable conditions as set out in the Plan. The Award was calculated based on the mid-market price of the Ordinary Shares on the day immediately preceding the Date of Grant.

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

1

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name of person

Itai Pazner

 

 

 

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

Grant of a Conditional Share Award relating to the Ordinary Shares, in line with Remuneration Policy

(c)

Price and volume of transaction

NIL per Ordinary Share ; 21,544 Ordinary Shares.

(d)

Aggregated information -

Volume

Price

 

21,544 Ordinary Shares

NIL per Ordinary Share

(e)

Date of transaction

16 April 2020

(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 (Ordinary Shares)

 

Identification code

ISIN: GI000A0F6407

(b)

Nature of transaction

Grant of Nil Cost Options relating to the Ordinary Shares, in line with Remuneration Policy

(c)

Price and volume of transaction

NIL per Ordinary Share ; 42,368 Ordinary Shares.

(d)

Aggregated information -

Volume

Price

 

42,368 Ordinary Shares

NIL per Ordinary Share

(e)

Date of transaction

16 April 2020

(f)

Place of transaction

Outside a trading venue

 

- ends -

Contacts and enquiries

888

 

Brian Mattingley, Chairman

+350 200 49800

Itai Pazner, Chief Executive Officer

Aviad Kobrine, Chief Financial Officer

+350 200 49800

+350 200 49800

 

 

Hudson Sandler

+44(0) 207 796 4133

Alex Brennan

 

Bertie Berger

Hattie Dreyfus

 

 

 

 

 


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