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Director/PDMR Shareholding

9th Apr 2009 13:40

RNS Number : 4456Q
PartyGaming Plc
09 April 2009
 



PartyGaming Plc

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

1. Name of the issuer 

PartyGaming Plc

2. State whether the notification relates to (i) a transaction notified in accordance with DT

3.1.2R(ii), or (ii) L9.8.6(R)(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act 1985.

(i) 

3. Name of person discharging managerial responsibilities/director

Martin Weigold - Group Finance 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

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 

As per 3.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 0.015p each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by

each of them 

Rock Wren Limited (shares sourced from the employee benefit trust, PartyGaming Plc Shares Trust)

8 State the nature of the transaction

Exercise of share option under the PartyGaming Plc Share Option Plan and sale of the resulting shares

9. Number of shares, debentures or financial instruments relating to shares acquired

Option exercised in respect of 550,000 shares

10. Percentage of issued class acquired (treasury shares of that class should not be taken into

account when calculating percentage)

 0.13%

11. Number of shares, debentures or financial instruments relating to shares disposed

550,000 shares sold following aforementioned option exercise

12. Percentage of issued class disposed (treasury shares of that class should not be taken into

account when calculating percentage)

0.13%

13. Price per share or value of transaction 

Option exercised at no cost and shares sold at 250 pence per share

14. Date of transaction

7 April 2009

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

68,444 (0.02%) (see information in section 23 below)

16. Date issuer informed of transaction

9 April 2009

If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes

17. Date of grant 

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time

of exercise

N/A

22. Total number of shares or debentures over which options held following notification

N/A

23. Any additional information 

1,229,554 shares (0.3%of issued class) remain vested but unexercised by Martin Weigold under PartyGaming Plc Share Option Plan awards.

24. Name of contact and telephone number for queries

Robert Hoskin, Company Secretary +350 200 78700

Name of duly authorised officer of issuer responsible for making notification

Robert Hoskin, Company Secretary

Date of notification 

9 April 2009

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

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