Director/PDMR Shareholding

RNS Number : 9979N

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 BREON CORCORAN (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 N/A	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 2 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 (i)         BBHISL NOMINEES LTD (ii)        N/A
7	State the nature of the transaction (i) ISSUE OF PADDY POWER BETFAIR PLC SHARES IN EXCHANGE FOR BETFAIR GROUP PLC SHARES (ii) GRANT OF REPLACEMENT OPTIONS  OVER PADDY POWER BETFAIR 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 (i)         145,787 ORDINARY SHARES (ii)        N/A
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 (i)  EXCHANGE OF SHARES IN BETFAIR GROUP PLC AT EXCHANGE RATIO OF 0.4254 PADDY POWER BETFAIR PLC SHARES FOR EACH BETFAIR GROUP PLC SHARE (ii)        N/A
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) 0.174%
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) 183,497 ORDINARY SHARES (0.219%)

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 2 FEBRUARY 2016
22	Period during which or date on which it can be exercised NAME OF PLAN EXERCISE PRICE (PENCE) NUMBER OF PADDY POWER BETFAIR SHARES IN RESPECT OF WHICH OPTIONS GRANTED EXERCISE DATE / EXERCISE PERIOD BETFAIR GROUP PLC DEFERRED SHARE INCENTIVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 0.00235 7,933 02/02/2016 - 04/07/2023 BETFAIR GROUP PLC DEFERRED SHARE INCENTIVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 0.00235 10,299 02/02/2016  - 26/06/2024 BETFAIR GROUP PLC DEFERRED SHARE INCENTIVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 0.00223 5,812 02/02/2016 - 30/06/2025 JOINING AWARD GRANTED PURSUANT TO AN OPTION AGREEMENT DATED 9 JANUARY 2015 AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 0 212,700 02/02/2016 - 31/07/2022 BETFAIR GROUP PLC 2009 LONG TERM INCENTIVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 0.00235 77,256 23/07/2016 - 22/07/2023 BETFAIR GROUP PLC 2009 LONG TERM INCENTIVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 0.00235 70,078 27/06/2017 - 26/06/2024 BETFAIR GROUP PLC 2009 LONG TERM INCENTIVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 0.00223 29,127 01/07/2018 - 30/06/2025 BETFAIR GROUP SHARESAVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 1919.76 468 01/11/2016 - 30/04/2017 BETFAIR GROUP SHARESAVE PLAN AS AMENDED BY THE DEED OF GRANT DATED 2 FEBRUARY 2016 2134.69 421 01/12/2017 - 31/05/2018
23	Total amount paid (if any) for grant of the option N/A	24	Description of shares involved (class and number) 414,094 OPTIONS OVER ORDINARY SHARES OF €0.09 EACH
25	Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise SEE BOX 22	26	Total number of shares over which options are held following notification 414,094
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.

 

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