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Last checked at 
30 Apr 2026 13:29
30 April 2026
Entain plc
("Entain" or "Group" or "Company")
Notification of Transactions by Persons Discharging Managerial ResponsibilityOr Persons Closely Associated
Awards granted under the Entain plc 2017 Long Term Incentive Plan ("LTIP")
Entain plc (LSE: ENT), the global sports betting and gaming group, announces that the following awards over Entain ordinary shares of €0.01 each ("Shares") were granted to Executive Directors of the Company under the Rules of the LTIP on 30 April 2026 as set out below:
Name | Role | Number of Shares subject to the Award |
Stella David | Chief Executive Officer | 725,967 |
Michael Snape | Chief Financial Officer | 413,913 |
The LTIP awards will normally vest on 30 April 2029, subject to 1) continuous employment; and 2) the satisfaction of the performance conditions set by the Company's Remuneration Committee on 23 March 2026. The performance conditions are detailed below. The post tax number of shares vesting from these awards are subject to a two-year post vest, holding period.
The Company confirms the performance condition targets that apply to the awards are:
Performance Measure | Weighting | Threshold | Maximum |
TSR bespoke peer group1 | 25% | Median | 75th percentile |
2028 Adjusted Cash Flow | 25% | £450m | £525m |
2028 Adjusted diluted EPS | 25% | 74p | 89p |
Digital market growth compared to the market | 25% | The targets set for this measure are commercially sensitive and will be released at the point of vesting. | |
1. The TSR bespoke peer group comprising of: Caesars Entertainment, Codere, DraftKings, Evolution Gaming, Flutter Entertainment, La Française des Jeux, Lottomatica Group, MGM Resorts, Penn Entertainment, Rank Group, SuperGroup, Tabcorp Holdings, as adjusted from time to time in accordance with this Schedule.
25% of the award will vest at threshold performance and 100% of the award will vest at maximum performance. There will be straight line vesting between these points. Each element operates independently.
The Remuneration Committee has full discretion to ensure that the level of vesting is appropriate based on the overall performance of the Group and the shareholder and employee experience.
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of English law by virtue of the European Union (Withdrawal) Act 2018.
Enquiries:
Company Secretary Investor Relations - Entain plc Media - Entain plc | secretary@entaingroup.com investors@entaingroup.com media@entaingroup.com |
Sodali & Co Rob Greening/Russ Lynch/Sam Austrums | Tel: +44 (0) 20 7250 1446 entain@sodali.com |
LEI: 213800GNI3K45LQR8L28
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS and SuperSport; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group operates the TAB NZ brand as part of a long-term strategic partnership with TAB New Zealand. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios.
The Group is tax resident in the UK and is the only global operator to exclusively operate in domestically regulated or regulating markets operating in over 30 territories.
Entain is a leader in ESG, being AAA rated by MSCI, and a member of S&P Global Sustainability Yearbook and the FTSE4Good. For more information see the Group's website: www.entaingroup.com
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Stella David | ||||
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 | Entain plc | ||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||
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 Identification code | Ordinary shares of Entain plc of €0.01 each IM00B5VQMV65 | ||||
b) | Nature of the transaction | Grant of conditional shares under the Entain plc 2017 Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
|
725,967 ordinary shares of €0.01 each Nil consideration | ||||
e) | Date of the transaction | 30/04/2026 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Michael Snape | ||||
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 | Entain plc | ||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||
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 Identification code | Ordinary shares of Entain plc of €0.01 each IM00B5VQMV65 | ||||
b) | Nature of the transaction | Grant of conditional shares under the Entain plc 2017 Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
|
413,913 ordinary shares of €0.01 each Nil consideration | ||||
e) | Date of the transaction | 30/04/2026 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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