Director/PDMR Shareholding

RNS Number : 5791A
GVC Holdings PLC
29 December 2017
 

29 December 2017

GVC Holdings PLC

("GVC" or "Company")

 

Notification of Transactions by Persons Discharging Managerial Responsibility or Persons Closely Associated

 

2017 Awards granted under the GVC Holdings PLC 2017 Long Term Incentive Plan

The following awards over GVC ordinary shares of €0.01 each ("Shares") under the GVC 2017 Long Term Incentive Plan ("LTIP") approved by the shareholders at the General Meeting held on 14 December 2017 were granted to Executive Directors of the Company on 28 December 2017 as set out below.

Name

Number of Shares subject to the Award

Kenneth Alexander

242,587

Paul Miles

94,339

 

The awards will normally vest on 28 December 2020 being the third anniversary of the Award Date subject to the satisfaction of the relative Total Shareholder Return (50%) and the cumulative Earning Per Share (50%) performance conditions.

 

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.

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Kenneth Alexander

 

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

GVC Holdings 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 instrument

 

Identification code

Ordinary shares of GVC Holdings PLC of €0.01 each 


IM00B5VQMV65

 

b)

Nature of the transaction

Grant of Nil-Cost Option award under the GVC Holdings PLC 2017 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 242,587

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

242,587 ordinary shares of €0.01 each

Nil consideration

 

e)

Date of the transaction

28 December 2017

 

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Paul Miles

 

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

GVC Holdings 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 instrument

 

Identification code

Ordinary shares of GVC Holdings PLC of €0.01 each 


IM00B5VQMV65

 

b)

Nature of the transaction

Grant of Nil-Cost Option award under the GVC Holdings PLC 2017 Long Term Incentive Plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 94,339

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

94,339 ordinary shares of €0.01 each

Nil consideration

 

e)

Date of the transaction

28 December 2017

 

f)

Place of the transaction

Outside a trading venue

 

 

 

Enquiries

Robert Hoskin                                                    +350 200 78700

Company Secretary

GVC Holdings PLC

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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