Director/PDMR Shareholding

RNS Number : 8691C

Paddy Power Betfair plc

30 June 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 BBHISL NOMINEES LTD
7	State the nature of the transaction (i) 32,731 ORDINARY SHARES OF EUR0.09 EACH IN THE SHARE CAPITAL OF THE ISSUER BENEFICIALLY HELD BY MR CORCORAN USED AS COLLATERAL FOR A  PORTFOLIO FINANCE FACILITY WITH BARCLAYS BANK PLC UK (LONDON) PLATFORM (ii) 69,556 ORDINARY SHARES OF EUR0.09 EACH IN THE SHARE CAPITAL OF THE ISSUER BENEFICIALLY HELD BY MR CORCORAN USED AS COLLATERAL FOR A  PORTFOLIO RESERVE FACILITY WITH BARCLAYS PRIVATE INTERNATIONAL LIMITED JERSEY PLATFORM AS A RESULT OF THE ABOVE THERE IS NO CHANGE IN MR CORCORAN'S LEGAL OR BENEFICIAL SHAREHOLDING IN THE ISSUER AND HE CONTINUES TO HAVE AN INTEREST AND VOTING RIGHTS IN 139,997 ORDINARY SHARES, REPRESENTING 0.167% OF THE TOTAL ISSUED SHARE CAPITAL OF THE ISSUER	8	Number of shares, derivatives or other financial instruments linked to them acquired N/A
9	Number of shares, derivatives  or other financial instruments linked to them  disposed of SEE BOX 7	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 (i)  30 JUNE 2016, LONDON (ii) 30 JUNE 2016, JERSEY	12	Date issuer informed of transaction 30 JUNE 2016
13	Any additional information N/A
14	Name of contact and telephone number for queries PAUL RUSHTON, INVESTOR RELATIONS + 44 20 8834 6139 / + 353 1 903 9105
	Person authorised on behalf of the issuer responsible for making the notification EDWARD TRAYNOR, COMPANY SECRETARY Date of notification:   30 JUNE 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.  This notification is also made in accordance with DTR 3.1.4(a) of the Financial Conduct Authority's Disclosure and Transparency Rules. 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) BREON CORCORAN (DIRECTOR)	16	State whether the notification relates to a single transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10 NOTIFICATION RELATES TO A SINGLE TRANSACTION BEING NOTIFIED IN ACCORDANCE WITH THE MARKET ABUSE RULES AND ISE LR 6.10
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) N/A
19	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage) SEE BOX 7	20	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 139,997

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 EDWARD TRAYNOR, COMPANY SECRETARY Date of notification:    30 JUNE 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.

 

END

 

 

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