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	[phone]
Itai Pazner, Chief Executive Officer Aviad Kobrine, Chief Financial Officer	[phone] [phone]
Hudson Sandler	[phone]
Alex Brennan
Bertie Berger Hattie Dreyfus

 

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