23 Jan 2019 07:00
Date: 23 January 2019On behalf of: Entertainment One Ltd. (the "Company")Embargoed until: 0700 hours
Entertainment One Ltd.
Notification of Director Dealing
Entertainment One Ltd. makes the following announcement in accordance with Article 19(3) of the Market Abuse Regulation.
The Company was notified on 22 January 2019 that Darren Throop (a Director of the Company) disposed of 1,500,000 common shares in the Company ("Shares").
Following the sale, Darren Throop's interest in Shares is 7,170,141 common shares, representing approximately 1.5 per cent. of the issued share capital of the Company as at today's date.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name of person |
Darren Throop
| ||||
|
| |||||
2. | Reason for notification | |||||
(a) | Position/status | Chief Executive Officer/Executive Director
| ||||
(b) | Initial notification/ amendment | Initial notification | ||||
|
| |||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name of issuer | Entertainment One Ltd.
| ||||
(b) | LEI | 549300PPR3DPKV153240
| ||||
|
| |||||
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 and identifier of financial instrument | Common shares of Entertainment One Ltd. of nil par value
ISIN: CA29382B1022
| ||||
(b) | Nature of transaction | Disposal of common shares
The transaction is not linked to the exercise of a share option programme.
| ||||
(c) | Price and volume of transaction |
| ||||
(d) | Aggregated information - Aggregated volume - price |
1,500,000 £3.85843 | ||||
(e) | Date of transaction | 2019-01-22
| ||||
(f) | Place of transaction | London Stock Exchange | ||||
Enquiries: |
|
|
Alma PR | Rebecca Sanders-Hewett Susie Hudson | +44 (0)20 3865 9667 |
|
|
|
Entertainment One Ltd. | Joe Sparacio Patrick Yau | +44 (0)20 3714 7931 |
|
|
|
Notes to Editors:
About Entertainment One
Entertainment One Ltd. (LSE:ETO) is a global independent studio that specialises in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company's diversified expertise spans across film, television and music production and sales; family programming, merchandising and licensing; digital content; and live entertainment. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.
Entertainment One's robust network includes international feature film distribution company Sierra/Affinity; Amblin Partners with DreamWorks Studios, Participant Media, and Reliance Entertainment; Makeready with Brad Weston; unscripted television production companies Whizz Kid Entertainment and Renegade 83; live entertainment leaders Round Room Entertainment; world-class music labels Dualtone Music Group and Last Gang; and award-winning emerging content and technology studio Secret Location.
The Company's rights library, valued at US$2.0 billion (as at 31 March 2018), is exploited across all media formats and includes about 80,000 hours of film and television content and approximately 40,000 music tracks.
www.entertainmentone.com