21st Mar 2023 10:27
21 March 2023
Entain plc
("Entain" or "Group" or "Company")
Notification of Transactions by Persons Discharging Managerial ResponsibilityOr Persons Closely Associated
Awards granted under the Annual and Deferred Bonus Plan ("ADBP")
Entain plc (LSE: ENT), the global sports betting gaming and interactive entertainment group, announces that the following awards over Entain ordinary shares of €0.01 each ("Shares") were granted to Executive Directors of the Company under the Rules of the ADBP on 21 March 2023 as set out below:
Name | Role | Number of Shares subject to the Award |
Jette Nygaard-Andersen | CEO | 38,805 |
Robert Wood | CFO & Deputy CEO | 20,372 |
Robert Hoskin | Chief Governance Officer | 15,522 |
In the Company's remuneration policy, 50% of the Executive Directors' annual bonus is deferred in shares. The above deferred bonus awards have therefore been granted in respect of the CEO, CFO & Deputy CEO, and Chief Governance Officer's annual bonus for the 2022 financial year. These awards will normally vest on 21 March 2026, being the third anniversary of the award date, subject to continued employment.
The Entain Directors hold in aggregate 549,045 Shares (including those of their closely associated persons) equivalent to 0.09% of the Company's issued share capital.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
Enquiries:
Company Secretary
Emily Carey
Investor Relations - Entain plc
David Lloyd-Seed, Chief IR & Communications Officer Davina Hobbs, Head of Investor Relations Callum Sims, IR Manager
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Media - Entain plc
Lisa Attenborough, Head of Corporate Communications Jay Dossetter, Head of Corporate PR Jodie Hitch, PR Manager
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Media - Powerscourt
Rob Greening/Nick Hayns/Sam Austrums |
Tel: +44 (0) 20 7250 1446
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LEI: 213800GNI3K45LQR8L28
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction and SuperSport; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK and is the only global operator to exclusively operate in domestically regulated or regulating markets operating in over 40 territories.
Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has set a science-based target, committing to be carbon net zero by 2035 and through the Entain Foundation supports a variety of initiatives, focusing on safer gambling, grassroots sport, diversity in technology and community projects. For more information see the Group's website: www.entaingroup.com
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Jette Nygaard-Andersen | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Entain plc | ||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||
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 Entain plc of €0.01 each IM00B5VQMV65 | ||||
b) | Nature of the transaction | Grant of conditional shares under the Entain plc Annual and Deferred Bonus Plan | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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38,805 ordinary shares of €0.01 each Nil consideration | ||||
e) | Date of the transaction | 21 March 2023 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Robert Wood | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer and Deputy Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Entain plc | ||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||
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 Entain plc of €0.01 each IM00B5VQMV65 | ||||
b) | Nature of the transaction | Grant of conditional shares under the Entain plc Annual and Deferred Bonus Plan | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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20,372 ordinary shares of €0.01 each Nil consideration | ||||
e) | Date of the transaction | 21 March 2023 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Robert Hoskin | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Governance Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Entain plc | ||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||
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 Entain plc of €0.01 each IM00B5VQMV65 | ||||
b) | Nature of the transaction | Grant of nil cost options under the Entain plc Annual and Deferred Bonus Plan | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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15,522 ordinary shares of €0.01 each Nil consideration | ||||
e) | Date of the transaction | 21 March 2023 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Related Shares:
Entain