10th Mar 2021 11:20
10 March 2021
WILLIAM HILL PLC (The 'Company')
DIRECTOR/PDMR SHAREHOLDING (Buy-out awards)
As previously announced on 2 April 2020 the Company agreed, as part of the remuneration terms relating to his appointment, to compensate Matt Ashley for share awards forfeited by him on leaving National Express Group Plc ('National Express').
On 18 August 2020 the Company confirmed that it had awarded Matt Ashley a share award (the 'Compensatory Award' or 'CSA') of 47,543 ordinary shares in William Hill PLC ('WH Ordinary Shares') in relation to a deferred bonus award made by National Express to Matt on 9 March 2020 which was due to vest on 9 March 2021. That Compensatory Award has now vested.
The following information is given in accordance with Article 19.3 of the Market Abuse Regulation and is made on behalf of Matt Ashley a PDMR, in William Hill PLC under article 19.1 of the Market Abuse Regulation ('MAR').
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Matt Ashley | |||||
| Reason for the notification
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a)
| Position/status
| Chief Financial Officer | |||||
b)
| Initial notification /Amendment
| Initial notification | |||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a)
| Name | William Hill PLC | |||||
b)
| LEI | 213800MDW41W5UZQIX82 | |||||
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
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a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10 pence each
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Identification code | ISIN: GB0031698896 | ||||||
| SEDOL: 3169889
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b)
| Nature of the transaction
| Vesting of Compensatory Award under the Company's Executive Deferred Bonus Plan of 47,543 ordinary shares in line with the remuneration terms agreed on appointment and in line with the Company's previous announcements on this subject.
Sufficient shares were sold on exercise to cover the resulting tax liability with the remaining shareholding retained
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c)
| Price(s) and volume(s) |
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| Price | CSA (i) | Sold to cover tax liability (ii) | Shares retained |
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| £2.711 | 47,543 | 22,424 | 25,119 |
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d)
| Aggregated information |
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- Volume | (i) 47,543 (ii) 22,424 | ||||||
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- Price | (i) £128,889 (ii) £60,791 | ||||||
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e)
| Date of the transaction
| 09 March 2021 | |||||
f)
| Place of the transaction
| London, UK | |||||
OAM: Additional Regulated InformationWilliam Hill LEI: 213800MDW41W5UZQIX82
Related Shares:
WMH.L