16th Apr 2019 15:06
16 April 2019
888 Holdings plc
Notification of Transactions by Persons Discharging Managerial Responsibilities
Following notifications made in accordance with Article 19(1) of the EU Market Abuse Regulation (EU 596/2014) and in accordance with Article 19(3) thereof, 888 Holdings Plc (the "Company") notifies the following transaction by a person discharging managerial responsibilities (a PDMR) in ordinary shares of 0.5p each in the Company ("Ordinary Shares").
On 15 April 2019, the Company was notified that Mr Itai Frieberger, Non-executive Director at 888, sold 2,000,000 Ordinary Shares on 15 April 2019, at a price of 152p each (the "Transaction"). As previously announced, Mr Frieberger stepped down as Chief Executive Officer of 888 on 24 January 2019, after more than 15 years with the Company, with this Transaction conducted as part of Mr Frieberger's personal wealth planning. Mr Frieberger has verbally committed to not selling any further Ordinary Shares for a period of at least 60 days from today's date.
Post this Transaction, Mr Frieberger holds an interest of 3,511,297 Ordinary Shares, representing 1.0 per cent. of the Company's issued share capital.
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Itai Frieberger | |
2. Reason for the notification | |||
(a) | Position/status | Non-Executive Director | |
(b) | Initial notification/Amendment | Initial notification | |
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | 888 Holdings Plc | |
(b) | LEI | 213800H84UJQYSVF9750 | |
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||
(a) | Description of the financial instrument, type of instrument Identification code
| Ordinary Shares of 0.5p each in the capital of 888 Holdings plc (Ordinary Shares) ISIN: GI000A0F6407 | |
(b) | Nature of the transaction | Sale of Ordinary Shares | |
(c) | Price(s) and volume(s) | Price(s) 152 pence | Volume(s) 2,000,000 |
(d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| |
(e) | Date and time of the transaction | 15 April 2019 | |
(f) | Place of the transaction | London Stock Exchange | |
- ends -
Contacts and enquiries
888 Holdings plc Brian Mattingley, Chairman Itai Pazner, Chief Executive Officer Aviad Kobrine, Chief Financial Officer
| +350 200 49800
|
Hudson Sandler Alex Brennan Hattie O'Reilly Bertie Berger
| +44(0) 207 796 4133
|
Related Shares:
888.L