Director/PDMR Shareholding

RNS Number : 2210C
Paddy Power plc
02 March 2011
 



SCHEDULE 11

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

 

1

Name of the Issuer

PADDY POWER PLC

2

State whether the notification relates to:

(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).

(i)

3

Name of person discharging managerial responsibilities/director

MR MATTHEW TRIPP (PDMR)

4

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

NOTIFICATION RELATES TO A PERSON CONNECTED WITH MR TRIPP, NAMBAWAN CAPITAL PTY LIMITED

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

NOTIFICATION REFERS TO A HOLDING OF THE PERSON NAMED AT 3

6

Description of shares (including class) debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF €0.10 EACH

7

Name or registered shareholder(s) and, if more than one, number of shares held by each of them

PERSHING NOMINEES LIMITED

8

State the nature of the transaction

ISSUE OF SHARES AS PART OF THE CONSIDERATION FOR MR TRIPP'S SHAREHOLDING IN SPORTSBET PTY LIMITED, WHICH WAS ACQUIRED BY THE ISSUER ON 1 MARCH 2011

9

Number of shares, debentures or financial instruments relating to shares acquired

179,133

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating  percentage)

0.37%

11

Number of shares, debentures or financial instruments relating to shares disposed

N/A

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage)

N/A

13

Price per share or value of transaction

€29.17

14

Date and place of transaction

1 MARCH 2011, DUBLIN

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

179,133 (0.37%)

16

Date issuer informed of transaction

1 MARCH 2011

 

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 the price is to be fixed at the time of exercise

22

Total number of shares or debentures over which options are held following notification

23

Any additional information

NONE

24

Name of contact and telephone number for queries

DAVID JOHNSTON

TEL: 353 (0)1 4045900


Name and signature of authorised officer of issuer responsible for making notification

Mr David Johnston, Company Secretary _________________________________________________

Date of notification  2 March 2011 ___________________________________

 

 


This information is provided by RNS
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