10th Jul 2012 15:40
Betfair Group plc
10 July 2012
GRANT OF AWARDS
Betfair Group plc (LSE:BET) announces that awards have been granted under the Betfair Short Term Incentive Plan ("STIP") to the following PDMRs on 9 July 2012:
Director/PDMR | Position | Number of Ordinary shares of 0.1p each over which options granted |
Stephen Morana | CFO/Interim CEO | 11,756 |
Martin Cruddace | Chief Legal & Regulatory Officer and Company Secretary | 8,491 |
Andrew Botha | Acting Chief Commercial Officer | 4,697 |
The awards are made in respect of performance for the financial year 2011/12 and are granted at nil-cost with an option price of £0.001. The grant of shares as detailed above will vest 50% after 1 year and 50% after two years from the date of grant, subject to continued employment.
The share price at the date of grant was £7.57625.
Enquiries:
Martin Cruddace
Company Secretary
Related Shares:
BET.L