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Director/PDMR Shareholding

20th May 2014 15:33

RNS Number : 6143H
Ladbrokes plc
20 May 2014
 



LADBROKES PLC

Director/PDMR Shareholding

Executive Deferred Bonus Plan - Vesting of Awards

Ladbrokes plc ("the Company") announces the vesting of Share1 awards made in 2011 under the Company's Executive Deferred Bonus Plan.

 

Details of the number of Shares vesting in respect of Executive Directors and other Persons Discharging Managerial Responsibility, together with the number of any vested Shares subsequently sold, are detailed below.

 

 

Vested Share award

Number of Shares

sold 2

 

Executive Directors

 

 

 

Richard Glynn

132,842

62,656

 

Other PDMRs

 

 

 

Andrew Harley

79,194

37,352

 

 

Notes

1 The share awards were made in respect of the Company's ordinary shares of 28⅓ pence per share ("Shares").

 2 The participants sold the number of Shares stated to cover liabilities to income tax and national insurance contributions arising on vesting. All sales were made in the London market on 19 May 2014 at a price of 132.5 pence per share, details of which were notified to the Company on 20 May 2014.

 

 

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