11 May 2020 07:00
11 May 2020
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 a person discharging managerial responsibilities (PDMR) under the 888 Deferred Share Bonus Plan (the Plan).
With effect as of 16 April 2020 (the Date of Grant), Itai Pazner was granted conditional share awards of up to 21,544 Ordinary Shares and Aviad Kobrine was granted nil-cost options over up to 42,368 Ordinary Shares. The foregoing grants relate to a portion of the 2019 annual bonuses of Mr. Pazner and Mr. Kobrine which is deferred into shares, and were made for no consideration under the Plan, vesting in equal annual tranches over three years from the Date of Grant, subject to fulfilment of the applicable conditions as set out in the Plan. The Award was calculated based on the mid-market price of the Ordinary Shares on the day immediately preceding the Date of Grant.
The notification of dealing form for the PDMR can be found below.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
(a) | Name of person | Itai Pazner |
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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 | Grant of a Conditional Share Award relating to the Ordinary Shares, in line with Remuneration Policy |
(c) | Price and volume of transaction | NIL per Ordinary Share; 21,544 Ordinary Shares. |
(d) | Aggregated information - Volume Price |
21,544 Ordinary Shares NIL per Ordinary Share |
(e) | Date of transaction | 16 April 2020 |
(f) | Place of transaction | Outside a trading venue |
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 | Grant of Nil Cost Options relating to the Ordinary Shares, in line with Remuneration Policy |
(c) | Price and volume of transaction | NIL per Ordinary Share; 42,368 Ordinary Shares. |
(d) | Aggregated information - Volume Price |
42,368 Ordinary Shares NIL per Ordinary Share |
(e) | Date of transaction | 16 April 2020 |
(f) | Place of transaction | Outside a trading venue |
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Contacts and enquiries
888 |
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Brian Mattingley, Chairman | +350 200 49800 |
Itai Pazner, Chief Executive Officer Aviad Kobrine, Chief Financial Officer | +350 200 49800 +350 200 49800 |
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Hudson Sandler | +44(0) 207 796 4133 |
Alex Brennan |
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Bertie Berger Hattie Dreyfus |
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