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Director/PDMR Shareholding

19th May 2017 15:49

RNS Number : 7205F
Ladbrokes Coral Group PLC
19 May 2017
 

LADBROKES CORAL GROUP PLC

 

Director/PDMR Shareholding

 

Ladbrokes Coral Group plc (the "Company") announces the grant of conditional share awards under the Company's Performance Share Plan ("PSP") on 19 May 2017. Details of the number of Shares1 awarded to Executive Directors and other Persons Discharging Managerial Responsibility are detailed below.

 

 

Number of Shares awarded under the PSP2

Executive Directors

Jim Mullen

1,066,797

Paul Bowtell

659,158

Other PDMRs

Andy Hornby

627,326

 

The attached notification made in accordance with the EU Market Abuse Regulation, provides further information.

 

Geoff Mason

Company Secretary

 

 

Notes

1 The Company's ordinary shares of 28⅓ pence per share ("Shares").

2 The Share awards made under the PSP are a conditional right to receive up to the number of Shares stated and will vest to the extent certain performance criteria are satisfied by the Company over a three-year period from 1 January 2017 to 31 December 2019.

 

 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jim Mullen

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

Ladbrokes Coral Group plc

b)

LEI

213800P7FJOPCV4H3J04

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

Ordinary shares of 28⅓ pence each ("Shares")

 

Identification code

GB00B0ZSH635

b)

Nature of the transaction

Grant of award under the Ladbrokes Coral Group plc Performance Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

1,066,797

d)

Aggregated information

 

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2017-05-19

f)

Place of the transaction

N/A

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Bowtell

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

Ladbrokes Coral Group plc

b)

LEI

213800P7FJOPCV4H3J04

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

Ordinary shares of 28⅓ pence each ("Shares")

 

Identification code

GB00B0ZSH635

b)

Nature of the transaction

Grant of award under the Ladbrokes Coral Group plc Performance Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

659,158

d)

Aggregated information

 

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2017-05-19

f)

Place of the transaction

N/A

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andy Hornby

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ladbrokes Coral Group plc

b)

LEI

213800P7FJOPCV4H3J04

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

Ordinary shares of 28⅓ pence each ("Shares")

 

Identification code

GB00B0ZSH635

b)

Nature of the transaction

Grant of award under the Ladbrokes Coral Group plc Performance Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

627,326

d)

Aggregated information

 

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2017-05-19

f)

Place of the transaction

N/A

 

 

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