Last checked at 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.
Vested LTIP awards then normally remain exercisable until 7 years from grant.
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. | |