Director/PDMR Shareholding

RNS Number : 0474I

Paddy Power plc

03 March 2010

 



SCHEDULE 11

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

Notes:           This form is intended for use by an issuer to make a RIS notification required by the Market Abuse Rules and 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.

1.    An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

2.     An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

3.     An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

4.     An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

All relevant boxes should be completed in block capital letters

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). NOTIFICATION RELATES TO (III) ABOVE
3	Name of person discharging managerial responsibilities/director PATRICK KENNEDY (DIRECTOR), BREON CORCORAN (DIRECTOR), JACK MASSEY (DIRECTOR), DERMOT GOLDEN (PDMR), BARNI EVANS (PDMR), JOHN O'DONNELL (PDMR)	4	State whether notification realties to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A
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 PERSONS NAMED AT 3 ABOVE.	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 N/A	8	State the nature of the transaction GRANT OF AWARDS UNDER THE PADDY POWER PLC 2004 LONG TERM INCENTIVE PLAN
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 N/A	12	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage) N/A
13	Price per share or value of transaction N/A	14	Date and place of transaction 2 MARCH 2010
15	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) N/A	16	Date issuer informed of transaction 2 MARCH 2010

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

17	Date of grant 2 MARCH 2010	18	Period during which or date on which it can be exercised EARLIEST VESTING DATE IS 1 JANUARY 2012
19	Total amount paid (if any) for grant of the option NIL	20	Description of shares or debentures involved (class and number) ORDINARY SHARES OF €0.10 EACH: PATRICK KENNEDY - 100,000 BREON CORCORAN - 80,000 JACK MASSEY - 25,000 DERMOT GOLDEN - 25,000 BARNI EVANS - 25,000 JOHN O'DONNELL - 17,000
21	Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise N/A	22	Total number of shares or debentures over which options are held following notification PATRICK KENNEDY - LTIP 290,000/SAYE 3,021 BREON CORCORAN - LTIP 215,000/ESOS 20,000/SAYE 1,989 JACK MASSEY - LTIP 80,000/ SAYE 1,989 DERMOT GOLDEN - LTIP 95,000/SAYE 3,433 BARNI EVANS - LTIP 80,000/SAYE 2,093 JOHN O'DONNELL - LTIP 57,000/SAYE 1,989
23	Any additional information	24	Name of contact and telephone number for queries DAVID JOHNSTON + 353 1 656 3930

Name and signature of authorised officer of issuer responsible for making notification Mr David Johnston, Secretary ____________________________________________________ Date of notification: 3 March 2010 ___________________________________

 

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