18th Aug 2015 11:26
LADBROKES PLC
Director/PDMR Shareholding Ladbrokes plc (the "Company") announces the exercise of share options awarded under the terms of the Ladbrokes Growth Plan. Details of the number of Shares1 exercised by Executive Directors, together with the number of Shares subsequently sold, are detailed below.
Notes 1 The Company's ordinary shares of 28⅓ pence per share ("Shares"). 2 In accordance with the rules of the Ladbrokes Growth Plan, the number of shares exercised includes a supplementary payment, settled in Shares, to the value of dividends that would have been received on the vested element of the award up until the date of exercise. 3 Mr Bull sold the number of Shares stated to cover liabilities to income tax and national insurance contributions arising on exercise. Mr Bull sold the number of Shares stated at a price of 105.88 pence per Share. The sale was made on the London market on 17 August 2015, details of which were notified to the Company on 18 August 2015. 4 Following the transaction shown above, Mr Bull increased his holding by 131,175 Shares to 825,365 Shares.
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Related Shares:
Ladbrokes Coral