Last checked at 25 Sep 2017 16:13
25 September 2017
888 Holdings Plc
Notification of Transactions by Persons Discharging Managerial Responsibilities
Following notifications made in accordance with Article 19(1) of the EU Market Abuse Regulation (EU 596/2014) and in accordance with Article 19(3) thereof, 888 Holdings Plc (the Company) notifies the following transaction by persons discharging managerial responsibilities (PDMRs) with respect to ordinary shares of 0.5p each in the capital of the Company (Ordinary Shares).
On 25 September 2017:
(a) Itai Frieberger sold 500,000 Ordinary Shares granted to him under the 888 All Employee Plan (comprising 34,692 Ordinary Shares resulting from the exercise of options granted on 8 April 2008 and exercised on 25 September 2017 at a price of GBP 1.4939, 62,866 Ordinary Shares granted on 24 May 2011 and vested on 24 May 2015, and 402,442 Ordinary Shares granted on 27 March 2012 and vested on 12 April 2015).
(b) Aviad Kobrine exercised options over 500,000 Ordinary Shares granted to him under the 888 All Employee Plan (comprising 500,000 nil cost options granted on 24 May 2011 and vested on 24 May 2012) and sold all of the resulting Ordinary Shares.
The notification of dealing forms for the PDMRs can be found below.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
(a) | Name of person | Itai Frieberger |
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2 | Reason for notification | |
(a) | Position/status | Chief Executive Officer |
(b) | Initial notification/ amendment | Initial notification |
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
(a) | Name of issuer | 888 Holdings Plc |
(b) | Legal Entity Identifier | 213800H84UJQYSVF9750 |
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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 financial instrument | Ordinary shares of 0.5p each in the capital of 888 Holdings plc (Ordinary Shares) |
| Identification code | ISIN: GI000A0F6407 |
(b) | Nature of transaction | Exercise of options relating to Ordinary Shares, and sale of Ordinary Shares |
(c) | Price and volume of transaction | Exercise of options: GBP 1.4939 per Ordinary Share; 34,692 Ordinary Shares. Sale of Ordinary Shares: GBP 2.555 per Ordinary Share; 500,000 Ordinary Shares. |
(d) | Aggregated information - Volume
Price |
Exercise of options: 34,692 Ordinary Shares Sale of Ordinary Shares: 500,000 Ordinary Shares Exercise of options: GBP 1.4939 per Ordinary Share Sale of Ordinary Shares: GBP 2.555 per Ordinary Share |
(e) | Date of transaction | 25 September 2017 |
(f) | Place of transaction | Exercise of options: outside a trading venue Sale of Ordinary Shares: London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
(a) | Name of person | Aviad Kobrine |
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2 | Reason for notification | |
(a) | Position/status | Chief Financial Officer |
(b) | Initial notification/ amendment | Initial notification |
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
(a) | Name of issuer | 888 Holdings Plc |
(b) | Legal Entity Identifier | 213800H84UJQYSVF9750 |
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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 financial instrument | Ordinary shares of 0.5p each in the capital of 888 Holdings plc (Ordinary Shares) |
| Identification code | ISIN: GI000A0F6407 |
(b) | Nature of transaction | Exercise of options relating to Ordinary Shares, and sale of Ordinary Shares |
(c) | Price and volume of transaction | Exercise of options: Nil cost options; 500,000 options. Sale of Ordinary Shares: GBP 2.555 per Ordinary Share; 500,000 Ordinary Shares. |
(d) | Aggregated information - Volume
Price |
Exercise of options: 500,000 Ordinary Shares Sale of Ordinary Shares: 500,000 Ordinary Shares Exercise of options: GBP nil Sale of Ordinary Shares: GBP 2.555 per Ordinary Share |
(e) | Date of transaction | 25 September 2017 |
(f) | Place of transaction | Exercise of options: outside a trading venue Sale of Ordinary Shares: London Stock Exchange |
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Contacts and enquiries
888 Holdings Plc | +350 200 49 800 |
Itai Frieberger, Chief Executive Officer |
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Aviad Kobrine, Chief Financial Officer |
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Hudson Sandler | +44(0) 207 796 4133 |
Alex Brennan |
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Bertie Berger |
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