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Director/PDMR Shareholding

26th Feb 2016 15:23

RNS Number : 3560Q
Ladbrokes plc
26 February 2016
 

LADBROKES PLC

Director/PDMR Shareholding

Ladbrokes plc Deferred Bonus Plan and Ladbrokes plc Restricted Share PlanVesting of Awards

Ladbrokes plc (the "Company") announces the vesting of Share1 awards made in 2013 under the Company's Deferred Bonus Plan ("DBP") and Restricted Share Plan ("RSP").

 

Details of the number of Shares vesting in respect of executive directors and other Persons Discharging Managerial Responsibility (PDMR), together with the number of vested Shares subsequently sold, are as follows:

 

 

Share Plan

Number of Shares Vested

Number of Shares sold2

Executive directors

 

 

 

Ian Bull

DBP

45,010

21,230

 

 

 

 

Other PDMRs

 

 

 

Lee Drabwell

RSP

20,000

9,434

 

This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure and Transparency Rules.

 

 

Adrian Bushnell

Company Secretary

 

 

 

 

Notes

1 The share awards were made in respect of the Company's ordinary shares of 28⅓ pence per share ("Shares").

 2 The participants sold the number of Shares stated to cover liabilities for income tax and national insurance contributions arising on vesting and dealing costs. All sales were made on the London market on 26 February 2016 at a price of 132.06 pence per Share.

 

 

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

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