10th Mar 2017 15:49
10 March 2017
Paddy Power Betfair plc (the "Company")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Breon Corcoran | |
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 | Paddy Power Betfair plc | |
b) | LEI | 635400EG4YIJLJMZJ782 | |
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 | Paddy Power Betfair plc ordinary shares of EUR0.09 each
IE00BWT6H894 | |
b) | Nature of the transaction | Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the (i) Paddy Power Betfair plc 2015 Long Term Incentive Plan ("LTIP"); and (ii) Paddy Power Betfair plc 2015 Deferred Share Incentive Plan ("DSIP") | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0 | 25,579 (LTIP) | ||
£0 | 2,227 (DSIP) | ||
d) | Aggregated information - Aggregated volume - Price |
27,806 shares £0 | |
e) | Date of the transaction | 2017-10-03 | |
f) | Place of the transaction | Outside a trading venue | |
g) | Additional Information | LTIP These awards will vest on the third anniversary of the date of the grant thereof, subject to meeting the performance conditions and continued employment.
Vested LTIP awards then normally remain exercisable until 7 years from grant.
DSIP The awards will normally vest 50% after 1 year and 50% after 2 years from the date of grant, subject to continued employment.
Vested DSIP awards then normally remain exercisable until 7 years from grant. | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Alex Gersh | |
2 | Reason for the notification | ||
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 | Paddy Power Betfair plc | |
b) | LEI | 635400EG4YIJLJMZJ782 | |
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 | Paddy Power Betfair plc ordinary shares of EUR0.09 each
IE00BWT6H894 | |
b) | Nature of the transaction | Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the (i) Paddy Power Betfair plc 2015 Long Term Incentive Plan ("LTIP"); and (ii) Paddy Power Betfair plc 2015 Deferred Share Incentive Plan ("DSIP") | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0 | 13,399 (LTIP) | ||
£0 | 1,400 (DSIP) | ||
d) | Aggregated information - Aggregated volume - Price |
14,799 shares £0 | |
e) | Date of the transaction | 2017-10-03 | |
f) | Place of the transaction | Outside a trading venue | |
g) | Additional Information | LTIP These awards will vest on the third anniversary of the date of the grant thereof, subject to meeting the performance conditions and continued employment.
Vested LTIP awards then normally remain exercisable until 7 years from grant.
DSIP The awards will normally vest 50% after 1 year and 50% after 2 years from the date of grant, subject to continued employment.
Vested DSIP awards then normally remain exercisable until 7 years from grant. | |
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