4th Oct 2005 15:50
888 Holdings plc04 October 2005 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY AND CONNECTED PERSONS 1. Name of issuer 888 Holdings Public Limited Company ("888") 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4(R)(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (iii) - both DR 3.1.4(R)(1)(a) and equivalent disclosure of s.324 of the Companies Act 1985 (UK) pursuant to DR 3.1.8(R) 3. Name of person discharging managerial responsibilities/director Name Position Marie Stevens Director Richard Kilsby Director Brian Mattingley Director Michael Constantine Director 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person The notification relates to the persons named in 3 and not to any connected persons. 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 The notification relates to holdings of the persons named in 3. 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares Ordinary shares in 888 of £0.005 each (the "Shares") 7. Name of registered shareholder(s) and, if more than one, the number of hares held by each of them Name Number of Shares Marie Stevens 142,857 Brian Mattingley 142,857 Richard Kilsby 114,285 Michael Constantine 22,857 8. State the nature of the transaction The persons named in 3 above acquired Shares in the Company pursuant to the offer of up to 84,399,508 Shares in the Company at an offer price of 175p per Share (the "Offer"). 9. Number of shares, debentures or financial instruments relating to shares acquired On 4 October 2004, each of the persons named below acquired the number of Shares set opposite his or her name: Name Number of Shares Marie Stevens 142,857 Brian Mattingley 142,857 Richard Kilsby 114,285 Michael Constantine 22,857 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) On 4 October 2004, each of the persons named below acquired the percentage of Shares set opposite his or her name: Name Percentage of Shares Marie Stevens 0.04 Brian Mattingley 0.04 Richard Kilsby 0.03 Michael Constantine 0.01 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 Each acquisition of the Shares took place at the Offer Price, being 175p per Share 14. Date and place of transaction The transactions took place upon admission of the Company to trading on the London Stock Exchange's main market for listed securities, being 8.00am on 4 October 2005. 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) Following notification, the total holding and total percentage holding of each person is set opposite his name below: Name Total holding Total percentage holding Marie Stevens 142,857 0.04 Brian Mattingley 142,857 0.04 Richard Kilsby 114,285 0.03 Michael Constantine 22,857 0.01 16. Date issuer informed of transaction 4 October 2005 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17. Date of grant On 4 October 2005, John Anderson, Aviad Kobrine, Jordan Rosenberg, Michael Palmon, Zvika Alon and Eran Gonen received awards under the 888 All-Employee Plan 18. Period during which or date on which it can be exercised The awards will vest in instalments (in proportions which will vary by participant) over a fixed period of up to four years. The awards made to John Anderson and Aviad Kobrine will vest in equal tranches (25 per cent.) over a period of four years after Admission, with the first tranche vesting on the first anniversary of Admission. The awards made to Jordan Rosenberg, Michael Palmon, Zvika Alon and Eran Gonen will vest over a period of four years after Admission, with the first tranche vesting on the first anniversary of Admission. 19. Total amount paid (if any) for grant of the option No amount was paid in relation to the grant of the award. 20. Description of shares or debentures involved (class and number) Awards under the 888 All-Employee Plan over 3,104,912 Shares have been granted as follows: John Anderson 1,685,482 Aviad Kobrine* 404,516 Jordan Rosenberg 261,420 Michael Palmon 255,698 Zvika Alon 261,420 Eran Gonen 236,376 * In relation to the awards over Shares to Mr Kobrine, 222,484 were awarded in the form of a share award under his service agreement with Cassava Enterprises (Gibraltar) Limited and 182,032 were awarded in the form of a share award under his service agreement with 888. 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise No consideration is payable to acquire Shares in relation to the following awards: John Anderson 1,685,482 Aviad Kobrine 404,516 Jordan Rosenberg 122,541 Michael Palmon 119,859 Zvika Alon 122,541 Eran Gonen 110,802 An exercise price equal to the Offer Price is payable on exercise in relation to the following awards over Shares: John Anderson - Aviad Kobrine - Jordan Rosenberg 138,879 Michael Palmon 135,839 Zvika Alon 138,879 Eran Gonen 125,574 22. Total number of shares or debentures over which options held following notification Awards over a total of 10,517,405 Shares were made on 4 2005 under the 888 All-Employee Plan. Awards over a total 1,685,482 Shares vested on 4 October 2005. 23. Any additional information Details of the Company's All-Employee Plan and the Company's Long Term Incentive Plan are set out in the price range prospectus published by the Company on 15 September 2005. 24. Name of contact and telephone number for queries Aviad Kobrine +350 49800 Name and of duly authorised officer of issuer responsible for making thisnotification Aviad Kobrine - Chief Financial Officer Date of notification: 4 October 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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