Director/PDMR Shareholding

RNS Number : 9987N
Paddy Power Betfair plc
03 February 2016
 

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

 This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 

1

Name of the Issuer

 

PADDY POWER BETFAIR PLC

2

Name of person discharging managerial responsibilities

 

IAN DYSON (DIRECTOR)

 

3

State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person

 

JEANETTE DYSON (SPOUSE)

 

4

Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest

 

NOTIFICATION IS IN RESPECT OF THE PERSON NAMED AT 3 ABOVE

5

Description of shares or derivatives or other financial instruments linked to them

 

ORDINARY SHARES OF €0.09 EACH

6

Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder

 

PLATFORM SECURITIES NOMINEES LIMITED A/C KKCLT

 

7

State the nature of the transaction

 

ISSUE OF PADDY POWER BETFAIR PLC SHARES IN EXCHANGE FOR BETFAIR GROUP PLC SHARES UPON COMPLETION OF MERGER BETWEEN PADDY POWER PLC AND BETFAIR GROUP PLC

 

8

Number of shares, derivatives or other financial instruments linked to them acquired

 

3,163 ORDINARY SHARES

9

Number of shares, derivatives  or other financial instruments linked to them  disposed of

 

N/A

10

Price per share or derivative or other financial instrument linked to them or value of transaction

 

EXCHANGE OF SHARES IN BETFAIR GROUP PLC AT EXCHANGE RATIO OF 0.4254 PADDY POWER BETFAIR PLC SHARES FOR EACH BETFAIR GROUP PLC SHARE

11

Date and place of transaction

 

DUBLIN, 2 FEBRUARY 2016

12

Date issuer informed of transaction

 

2 FEBRUARY 2016

13

Any additional information

 

N/A

14

Name of contact and telephone number for queries

 

PRITTI PATEL

00 44 (0) 208 834 6886


 

Person authorised on behalf of the issuer responsible for making the notification:

 

Pritti Patel, Paddy Power Betfair plc

 

Date of notification: 3 February 2016

 

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons.  An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

15

Name of director or secretary (if not required to be stated in box 2)

 

N/A

16

State whether the notification relates to a single

transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10

 

YES

 

17

Description of class of share

 

ORDINARY SHARES OF €0.09 EACH

 

18

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

 

0.004%

 

 

19

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

 

N/A

 

 

20

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

 

3,163 ORDINARY SHARES (0.004%)

 

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

21

Date of grant

N/A

22

Period during which or date on which it can be exercised

N/A

23

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

N/A

24

Description of shares involved (class and number)

N/A

25

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

N/A

26

Total number of shares over which options are held following notification

N/A

 

Name and signature of duly designated officer of issuer responsible for making notification:

 

Pritti Patel, Paddy Power Betfair plc

 

Date of notification: 3 February 2016

 

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSQXLFBQLFLBBE
UK 100

Latest directors dealings