Director/PDMR Shareholding

Paddy Power plc 26 May 2006 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons All relevant boxes should be completed in block capital letters 1 Name of the Issuer 2 State whether the notification relates to: Paddy Power plc (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). 2 (iii) 3 Name of person discharging managerial responsibilities/ 4 State whether notification relates to a person director connected with a person discharging managerial responsibilities/director named in 3 and identify the Jack Massey connected person 5 Indicate whether the notification is in respect of a 6 Description of shares (including class) debentures or holding of the person referred to in 3 or 4 above or in derivatives or financial instruments relating to respect of a non-beneficial interest shares (i) Ordinary shares (ii) Ordinary shares 7 Name or registered shareholder(s) and, if more than one, 8 State the nature of the transaction number of shares held by each of them Notification is in respect of a conditional grant of 35,000 shares made on 25th May 2006 to the person referred to in 3 above. These shares will vest in 2009 subject to the achievement of the performance criteria as defined in the Paddy Power plc 2004 Long Term Incentive Plan. 9 Number of shares, debentures or financial instruments 10 Percentage of issued class acquired (treasury shares relating to shares acquired of that class should not be taken into account when calculating percentage) 11 Number of shares, debentures or financial instruments 12 Percentage of issued class disposed (treasury shares relating to shares disposed of that class should not be taken into account when calculating percentage) 13 Price per share or value of transaction 14 Date and place of transaction 15 Total holding following notification and total percentage 16 Date issuer informed of transaction holding following notification (any treasury shares should not be taken into account when calculating percentage) Jack Massey holds 5,000 ordinary shares of €0.10 each 25 May 2006 representing 0% of the issued share capital of the Company. Under the Paddy Power plc 2004 Long term incentive plan Jack Massey holds conditional awards of 35,000 shares which will vest in 2009, subject to the achievement of the performance criteria as defined in the 2004 Paddy Power plc Long Term Incentive Plan. If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes: 17 Date of grant 18 Period during which or date on which it can be exercised 19 Total amount paid (if any) for grant of the option 20 Description of shares or debentures involved (class and number) 21 Exercise price (if fixed at time of grant) or indication that 22 Total number of shares or debentures over which the price is to be fixed at the time of exercise options are held following notification 23 Any additional information 24 Name of contact and telephone number for queries Nuala Hunt, Company Secretary 353-1-404-5927 Name and signature of authorised officer of issuer responsible for making notification ____________________________________________________ Date of notification ___________________________________ Notes: This form is intended for use by an issuer to make a RIS notification required by (the Market Abuse Rules1 and) section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990. (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/ person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. 1 Please note that the requirement to make a notification under the Market Abuse Rules does not apply until 1 October 2005. Schedule 11 may be subject to amendment prior to 1 October 2005 to bring it in line with the Financial Regulator's 'Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons' under the Market Abuse Disclosure Rules. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings