Director/PDMR Shareholding

RNS Number : 1580R
Paddy Power Betfair plc
04 March 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

 

N/A

 

7

State the nature of the transaction

 

UNDER THE TERMS OF THE (i) LONG TERM INCENTIVE PLAN AND (ii) DEFERRED SHARE INCENTIVE PLAN, AN INCREASE IN THE TOTAL NUMBER OF SHARES OVER WHICH OPTIONS ARE HELD PURSUANT TO THE  PAYMENT OF A DIVIDEND IN RELATION TO THE COMPLETION OF THE MERGER WITH BETFAIR GROUP PLC

 

8

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

 

INCREASE OF:

 

i.    LONG TERM INCENTIVE PLAN: 946 OPTIONS

 

ii.   DEFERRED SHARE INCENTIVE PLAN: 128 OPTIONS

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

 

N/A

 

11

Date and place of transaction

 

DUBLIN, 4 MARCH 2016

12

Date issuer informed of transaction

 

4 MARCH  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, DEPUTY COMPANY SECRETARY, PADDY POWER BETFAIR PLC

 

Date of notification: 4 MARCH 2016

 


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