8th May 2007 09:14
888 Holdings plc08 May 2007 888 Holdings Public Limited Company ("888" or the "Company") DIRECTORS/PDMR SHARE INTERESTS Following notifications made in accordance with DR 3.1.4(R)(1)(a), 888 Holdingsplc wishes to notify the following changes in the interests of personsdischarging managerial responsibility ("PDMRs") in ordinary shares of 888Holdings plc ("Shares") arising out of the operation of its 888 All-EmployeeShare Plan. On 30 April 2007, awards over Shares in the form of a nil-cost option and acontingent right to receive shares ("Awards") were granted under the 888All-Employee Share Plan to the following PDMR, as set out below. The numbers ofshares stated are the maximum available to the PDMR. +-------------+------------------+---------------------------------------------+|PDMR |Shares under Award|Total interest in Shares after grant of || | |Award1 |+-------------+------------------+---------------------------------------------+|Aviad Kobrine|34,710 |0.071% beneficially owned || | | |+-------------+------------------+---------------------------------------------+ 1 Such total interest is together with the further notification made by theCompany today with regard to awards to Mr Kobrine. Ten percent of this Award is vested upon the date of grant and accordingly MrKobrine is beneficially entitled as of 30 April 2007 to 1,909 shares and 1,562nil cost options of the shares under the Award. Such nil cost options wereexercised by Mr Kobrine upon receipt and 1,562 shares were transferred to MrKobrine. Vesting of the remaining 90% of the Award is conditional on the achievement ofperformance criteria and subject to continued employment. The earliest date onwhich the PDMR would normally become entitled to the remaining 90% of the sharescomprised in the Award is 14 April 2008 as to forty per cent of this Award and afurther twenty five per cent on each of 14 April 2009 and 14 April 2010, or asotherwise determined by the rules of 888 All-Employee Share Plan. Mr Kobrine wasnot required to make any payment for this Award. For further information in respect of this announcement please contact Gigi Levyon +350 49800. -ends- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
888.L