27th Feb 2013 16:21
DIRECTOR/PDMR SHAREHOLDING
LADBROKES PLC ("THE COMPANY") ANNOUNCES THAT ON 21 FEBRUARY 2013:
n CONDITIONAL RIGHTS OVER ORDINARY SHARES OF 28⅓P EACH OF THE COMPANY ("SHARES") GRANTED UNDER THE COMPANY'S PERFORMANCE SHARE PLAN ("PSP") IN 2010 BY REFERENCE TO THE COMPANY'S PERFORMANCE OVER THE THREE YEAR PERIOD ENDED 31 DECEMBER 2012 VESTED AS DETAILED BELOW; AND
n IN ADDITION, ParticipantS receiveD a supplementary payment IN Shares equal in value to the dividends that would have been paid on the Shares comprised in THE PSP Award since the date of the AwarD AS FOLLOWS:
| NAME | NO. OF SHARES VESTED | NO. OF SUPPLEMENTARY SHARES RECEIVED |
EXECUTIVEDIRECTOR | ||
RICHARD GLYNN | 519,352 | 71,578 |
PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") | ||
ANDREW HARLEY | 228,336 | 31,468 |
n SHARES WERE SOLD AT 222.57 PENCE PER SHARE (TO ACCOUNT FOR TAX PAYABLE ON THE ABOVE VESTINGS) AS FOLLOWS:
| NAME | NO. OF SHARES SOLD |
EXECUTIVEDIRECTOR | |
RICHARD GLYNN | 308,080 |
PDMR | |
ANDREW HARLEY | 135,505 |
n FOLLOWING THESE TRANSACTIONS:
§ RICHARD GLYNN IS BENEFICIALLY INTERESTED IN 1,459,953 SHARES AND HAS AN INTEREST IN A MAXIMUM TOTAL OF 1,275,240 SHARES UNDER THE PSP OVER WHICH CONDITIONAL RIGHTS HAVE BEEN GRANTED; AND
§ ANDREW HARLEY IS BENEFICIALLY INTERESTED IN 302,799 SHARES AND HAS AN INTEREST IN A MAXIMUM TOTAL OF 500,442 SHARES UNDER THE PSP OVER WHICH CONDITIONAL RIGHTS HAVE BEEN GRANTED.
Related Shares:
Ladbrokes Coral