27 Mar 2018 17:30
LADBROKES CORAL GROUP PLC
Notification of Interests of Directors and Persons Discharging Managerial Responsibility ("PDMR")
On 26 March 2018, the Court sanctioned a scheme of arrangement for the acquisition of the entire issued and to be issued share capital of Ladbrokes Coral Group plc (the "Company") by GVC Holdings PLC ("GVC" and the "Acquisition", respectively). As a result of this, the following outstanding awards1 ("Awards") held by a PDMR under the 1983 Savings Related Share Option Scheme ("Sharesave") vested and were exercised.
Details of the total number of Shares vesting in respect of executive directors and PDMRs are as follows:
Number of Shares subject to Awards Vested | Number of Shares deducted for Net Settlement purposes (i.e. proportion of Award Shares which were settled in cash) | Balance of Shares held | |
Name | |||
Andy Hornby | |||
SAYE | 3,960 | 3,960 | |
This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure Guidance and Transparency Rules.
The attached notifications made in accordance with the EU Market Abuse Regulation, provide further information.
Geoff Mason
Company Secretary
Notes
1 The share awards were made in respect of the Company's ordinary shares of 28⅓ pence per share ("Shares").
Ladbrokes Coral Group plc LEI: 213800P7FJOPCV4H3J04
Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Andy Hornby | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Operating Officer | ||||
b) | Initial notification/Amendment | Amendment - additional notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ladbrokes Coral Group plc | ||||
b) | LEI | 213800P7FJOPCV4H3J04 | ||||
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 | Ordinary shares of 28⅓ pence each ("Shares")
| ||||
Identification code | GB00B0ZSH635 | |||||
b) | Nature of the transaction | Vesting of Share Awards | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume - Price |
3960 £3,999.60
| ||||
e) | Date of the transaction | 2018-03-26 | ||||
f) | Place of the transaction | Outside a trading venue | ||||