TIDMENT

RNS Number : 5285T

Entain PLC

25 March 2021

25 March 2021

Entain plc

("Entain" or "Company")

Notification of Transactions by Persons Discharging Managerial Responsibility

Or Persons Closely Associated

Awards granted under the Entain plc 2017 Long Term Incentive Plan ("LTIP")

Entain plc (LSE: ENT), the global sports betting and gaming group, announces the following awards over Entain ordinary shares of EUR0.01 each ("Shares") were granted to Executive Directors of the Company on 24 March 2021 as set out below:

 
                Director              Plan   Number of Shares subject 
                                                         to the Award 
  Jette Nygaard-Andersen 
                     CEO   LTIP 2021 grant                    147,540 
                          ----------------  ------------------------- 
             Robert Wood 
      CFO and Deputy CEO   LTIP 2021 grant                     86,065 
                          ----------------  ------------------------- 
           Robert Hoskin 
        Chief Governance 
                 Officer   LTIP 2021 grant                     65,573 
                          ----------------  ------------------------- 
 

Entain has also been notified that on 24 March 2021 Robert Hoskin had acquired ordinary shares of EUR0.01 each in the capital of the Company as set out below.

 
 Name/ Role           Shares     Nature of         Number of          Price   Total Shares 
                       held       Transaction       Shares acquired    (p)     held after 
                       prior                                                   dealing 
                       to 
                       dealing 
      Robert Hoskin 
   Chief Governance 
            Officer   762        Option Exercise   11,734             Nil     12,496 
                     ---------  ----------------  -----------------  ------  ------------- 
 

The LTIP awards will normally vest on 24 March 2024, being the third anniversary of the award date subject to 1) continuous employment; and 2) the satisfaction of the relative Total Shareholder Return and the cumulative Earnings Per Share performance conditions set by the Company's Remuneration Committee on 24 February 2021. These stretching performance conditions, are detailed in the 2020 Directors' Remuneration Report in the Entain Annual Report (that will be available on the Entain corporate website at www.entaingroup.com from Monday 29(th) March 2021).

The terms of these awards provide the Remuneration Committee with the ability to review the outcome at vesting and, if it concludes that participants would benefit from 'windfall gains', it will consider making appropriate adjustments to reflect this.

Following the above transactions the Entain Directors hold in aggregate 204,018 Shares (including those of their closely associated persons) equivalent to 0.02% of the Company's issued share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Enquiries:

 
Company Secretary                                                                  secretary@entaingroup.com 
 Emily Carey 
 Investor Relations 
David Lloyd-Seed, Group Director of Investor Relations & Corporate Communications  investors@entaingroup.com 
 
Powerscourt                                                                        entain@powerscourt-group.com 
Rob Greening / Elly Williamson                                                     Tel: +44 (0) 20 7250 1446 
 

LEI :213800GNI3K45LQR8L28

About Entain plc

Entain plc (LSE:ENT) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.

   For more information see the Group's website:   www.entaingroup.com 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Jette Nygaard-Andersen 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Executive Officer 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Entain plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800GNI3K45LQR8L28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of Entain plc of EUR0.01 each 
      instrument 
      Identification code 
                                                                 IM00B5VQMV65 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of conditional shares under the Entain plc 2017 
                                                                Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                                 Nil        147,540 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume                 147,540 ordinary shares of EUR0.01 each 
       -  Price 
                                                                  Nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   24 March 2021 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Robert Wood 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Financial Officer and Deputy Chief Executive 
                                                                Officer 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Entain plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800GNI3K45LQR8L28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of Entain plc of EUR0.01 each 
      instrument 
      Identification code 
                                                                 IM00B5VQMV65 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of conditional shares under the Entain plc 2017 
                                                                Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                                 Nil        86,065 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume                 86,065 ordinary shares of EUR0.01 each 
       -  Price 
                                                                  Nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   24 March 2021 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Robert Hoskin 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Governance Officer 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Entain plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800GNI3K45LQR8L28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of Entain plc of EUR0.01 each 
      instrument 
      Identification code 
                                                                 IM00B5VQMV65 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of nil cost option shares under the Entain plc 
                                                                2017 Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                                 Nil        65,573 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume                 65,573 ordinary shares of EUR0.01 each 
       -  Price 
                                                                  Nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   24 March 2021 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Robert Hoskin 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Governance Officer 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Entain plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800GNI3K45LQR8L28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of Entain plc of EUR0.01 each 
      instrument 
      Identification code 
                                                                 IM00B5VQMV65 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Exercise of options granted under the 2017 Long Term 
                                                                Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                                 Nil        11,734 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume                 11,734 ordinary shares of EUR0.01 each 
       -  Price 
                                                                  Nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   24 March 2021 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBXGDXBDDDGBU

(END) Dow Jones Newswires

March 25, 2021 09:25 ET (13:25 GMT)

Gvc (LSE:GVC)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Gvc Charts.
Gvc (LSE:GVC)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Gvc Charts.