24 Oct 2018 11:20
24 October 2018
Paddy Power Betfair plc (the "Company")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Jonathan Hill | |
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 | Paddy Power Betfair plc | |
b) | LEI | 635400EG4YIJLJMZJ782 | |
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 | Paddy Power Betfair plc ordinary shares of EUR0.09 each  IE00BWT6H894 | |
b) | Nature of the transaction | Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Long Term Incentive Plan ("LTIP"); and Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Restricted Share Plan ("RSP") | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
€0 | 14,181 (LTIP) | ||
€0 | 1,993 (RSP) | ||
d) | Aggregated information - Aggregated volume - Price |   16,174 shares €0 | |
e) | Date of the transaction | 2018-10-22 | |
f) | Place of the transaction | Outside a trading venue | |
g) | Additional Information | LTIP This award will vest on the third anniversary of the date of the grant thereof (22 October 2021), subject to meeting the performance conditions and continued employment. Â Vested LTIP awards then normally remain exercisable until 7 years from grant. Â RSP This award will vest in two equal tranches on 22 October 2019 and 22 October 2020, subject to continued employment and shall remain exercisable until 7 years from grant. |
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