Director/PDMR Shareholding -

RNS Number : 9525F
Paddy Power plc
15 October 2008
 



SCHEDULE 11

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons


All relevant boxes should be completed in block capital letters


1

Name of the Issuer

Paddy Power plc

2

State whether the notification relates to:

(i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii).

Notification relates to (iii) above

3

Name of person discharging managerial responsibilities/director

Jack Massey (Director) 

4

State whether notification realties to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Notification refers to an interest of the persons named at 3 above.

6

Description of shares (including class) debentures or derivatives or financial instruments relating to shares

Ordinary Shares of €0.10 each

7

Name or registered shareholder(s) and, if more than one, number of shares held by each of them

N/A

8

State the nature of the transaction

(i) Lapse of option over 614 shares granted in 2007 under Savings-related Share Option Scheme

(ii) Grant of optionunder Savings-related Share Option Scheme 

9

Number of shares, debentures or financial instruments relating to shares acquired

N/A

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11

Number of shares, debentures or financial instruments relating to shares disposed

N/A

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13

Price per share or value of transaction

N/A

14

Date and place of transaction

N/A

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

N/A

16

Date issuer informed of transaction

N/A


If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes:

17

Date of grant

14 October 2008

18

Period during which or date on which it can be exercised

 4 December 2011 to 3 May 2012 


19

Total amount paid (if any) for grant of the option

Nil

20

Description of shares or debentures involved (class and number)

1,989 Ordinary Shares of €0.10 each

21

Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise

€9.45

22

Total number of shares or debentures over which options are held following notification

LTIP 90,000/SAYE 1,989


23

Any additional information

24

Name of contact and telephone number for queries

David Johnston

+ 353 1 656 3930





Name and signature of authorised officer of issuer responsible for making notification

Mr David Johnston, Secretary ____________________________________________________

Date of notification: 15 October 2008 ___________________________________




This information is provided by RNS
The company news service from the London Stock Exchange
 
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