Director/PDMR Shareholding

RNS Number : 2410I
Paddy Power plc
14 November 2008
 



SCHEDULE 11

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


 

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).

(i)

3

Name of person discharging managerial responsibilities/director

Mr James Mangan 

4

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

Notification relates to person named in 3

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 person named at 3

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

Mr James Mangan

8

State the nature of the transaction

Sale of Ordinary Shares

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

100,000

12

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

0.21%

13

Price per share or value of transaction

11.85

14

Date and place of transaction

13 November 2008Dublin

15

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

674,511 (1.42%)  

16

Date issuer informed of transaction

13 November 2008


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


17

Date of grant

18

Period during which or date on which it can be exercised

19

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

20

Description of shares or debentures involved (class and number)

21

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

22

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

23

Any additional information

None

24

Name of contact and telephone number for queries

David Johnston 

Tel: 353 (0)1 4045900 


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

David Johnston, Company Secretary ____________________________________________________

Date of notification 14 November 2008 ___________________________________




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