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888 Holdings PLC Director's Dealing 2019

Apr 16, 2019

5226_dirs_2019-04-16_c8961bd8-392f-4340-bf10-733117161ebf.html

Director's Dealing

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RNS Number : 3896W

888 Holdings plc

16 April 2019

16 April 2019

888 Holdings plc

Notification of Transactions by Persons Discharging Managerial Responsibilities

Following notifications made in accordance with Article 19(1) of the EU Market Abuse Regulation (EU 596/2014) and in accordance with Article 19(3) thereof, 888 Holdings Plc (the "Company") notifies the following transaction by a person discharging managerial responsibilities (a PDMR) in ordinary shares of 0.5p each in the Company ("Ordinary Shares").

On 15 April 2019, the Company was notified that Mr Itai Frieberger, Non-executive Director at 888, sold 2,000,000 Ordinary Shares on 15 April 2019, at a price of 152p each (the "Transaction"). As previously announced, Mr Frieberger stepped down as Chief Executive Officer of 888 on 24 January 2019, after more than 15 years with the Company, with this Transaction conducted as part of Mr Frieberger's personal wealth planning. Mr Frieberger has verbally committed to not selling any further Ordinary Shares for a period of at least 60 days from today's date.

Post this Transaction, Mr Frieberger holds an interest of 3,511,297 Ordinary Shares, representing 1.0 per cent. of the Company's issued share capital.

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

1.   Details of the person discharging managerial responsibilities/person closely associated
(a) Name Itai Frieberger
2.         Reason for the notification
(a) Position/status Non-Executive Director
(b) Initial notification/Amendment Initial notification
3.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a) Name 888 Holdings Plc
(b) LEI 213800H84UJQYSVF9750
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 0.5p each in the capital of 888 Holdings plc (Ordinary Shares)  

ISIN: GI000A0F6407
(b) Nature of the transaction Sale of Ordinary Shares
(c) Price(s) and volume(s) Price(s)

152 pence
Volume(s) 

2,000,000
(d) Aggregated information

-     Aggregated volume

-     Price
N/A - single transaction
(e) Date and time of the transaction 15 April 2019
(f) Place of the transaction London Stock Exchange

- ends -

Contacts and enquiries

888 Holdings plc

Brian Mattingley, Chairman

Itai Pazner, Chief Executive Officer

Aviad Kobrine, Chief Financial Officer
+350 200 49800
Hudson Sandler

Alex Brennan

Hattie O'Reilly

Bertie Berger
+44(0) 207 796 4133

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 [email protected] or visit www.rns.com.

END

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