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Ladbrokes Coral Grp (LCL)

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Tuesday 27 March, 2018

Ladbrokes Coral Grp

Director/PDMR Shareholding

RNS Number : 1481J
Ladbrokes Coral Group PLC
27 March 2018
 

LADBROKES CORAL GROUP PLC

 

Notification of Interests of Directors and Persons Discharging Managerial Responsibility ("PDMR")

 

On 26 March 2018, the Court sanctioned a scheme of arrangement for the acquisition of the entire issued and to be issued share capital of Ladbrokes Coral Group plc (the "Company") by GVC Holdings PLC ("GVC" and the "Acquisition", respectively).  As a result of this, the following outstanding awards1 ("Awards") held by a PDMR under the 1983 Savings Related Share Option Scheme ("Sharesave") vested and were exercised.

 

Details of the total number of Shares vesting in respect of executive directors and PDMRs are as follows:

 


Number of Shares subject to Awards Vested

Number of Shares deducted for Net Settlement purposes (i.e. proportion of  Award Shares which were settled in cash)

Balance of Shares held





Name




Andy Hornby








      SAYE

3,960


3,960









 

 

This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure Guidance and Transparency Rules.

 

The attached notifications made in accordance with the EU Market Abuse Regulation, provide further information.

 

Geoff Mason

Company Secretary

 

 

Notes

1   The share awards were made in respect of the Company's ordinary shares of 28⅓ pence per share ("Shares").

 

Ladbrokes Coral Group plc LEI: 213800P7FJOPCV4H3J04

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andy Hornby

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Amendment - additional notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ladbrokes Coral Group plc

b)

LEI

213800P7FJOPCV4H3J04

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

Ordinary shares of 28⅓ pence each ("Shares")

 


Identification code

GB00B0ZSH635

b)

Nature of the transaction

Vesting of Share Awards

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£1.01

    3,960

 

d)

Aggregated information

 

-    Aggregated volume

-    Price

 

 

3960

£3,999.60

 

e)

Date of the transaction

2018-03-26

f)

Place of the transaction

Outside a trading venue

 

 


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