Entertainment One Ltd Notification of Director Dealing (4488U)
November 25 2019 - 1:01AM
UK Regulatory
TIDMETO
RNS Number : 4488U
Entertainment One Ltd
25 November 2019
Date: 25 November 2019
On 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 has been informed that Joe Sparacio, an executive
director of the Company, has dealt in shares in the Company as
follows:
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name of person Joe Sparacio
------------------------- --------------------------------------------------
2. Reason for notification
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(a) Position/status Executive Director
------------------------- --------------------------------------------------
(b) Initial notification/ Initial notification
amendment
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3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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(a) Name of issuer Entertainment One Ltd.
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(b) LEI 549300PPR3DPKV153240
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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
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(a) Description and Options to acquire common shares of Entertainment
identifier of financial One Ltd. under the conditional share award
instrument agreement dated 22 November 2016 ("Options")
ISIN: CA29382B1022
------------------------- --------------------------------------------------
(b) Nature of transaction Vesting of Options to acquire common shares
of Entertainment One Ltd.
------------------------- --------------------------------------------------
(c) Price and volume Price: nil cost
of transaction
Volume: 50,000
------------------------- --------------------------------------------------
(d) Aggregated information As noted in (c) above
- Aggregated volume
- price
------------------------- --------------------------------------------------
(e) Date of transaction 22 November 2019
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(f) Place of transaction Outside a trading venue
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(a) Description and Common shares of Entertainment One Ltd.
identifier of financial ("Shares")
instrument
ISIN: CA29382B1022
------------------------- --------------------------------------------------
(b) Nature of transaction Disposal of 25,000 Shares (being half of
the vested Options) following the vesting
of the Options in order to cover the tax
liability due upon vesting, with 25,000
Shares (being the remaining half of the
vested Options) being retained by Mr Sparacio
------------------------- --------------------------------------------------
(c) Price and volume Price: GBP5.56
of transaction
Volume: 25,000
------------------------- --------------------------------------------------
(d) Aggregated information As noted in (c) above
- Aggregated volume
- price
------------------------- --------------------------------------------------
(e) Date of transaction 22 November 2019
------------------------- --------------------------------------------------
(f) Place of transaction London Stock Exchange
------------------------- --------------------------------------------------
Enquiries:
Alma PR Rebecca Sanders-Hewett +44 (0)20 3865 9667
Joe Sparacio
Entertainment One Ltd. 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.
The Company'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, Renegade 83, Daisybeck and
Blackfin; live entertainment leaders Round Room Live; world-class
music labels Dualtone Music Group and Last Gang; innovative music
platform Audio Network; and award-winning emerging content and
technology studio Secret Location.
The Company's rights library, valued at US$2.1 billion (as at 31
March 2019), 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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