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888 Holdings PLC — Remuneration Information 2017
Apr 10, 2017
5226_rns_2017-04-10_7e074613-a80e-4bc5-850a-066524aab4fd.html
Remuneration Information
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RNS Number : 9942B
888 Holdings plc
10 April 2017
10 April 2017
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 transactions by persons discharging managerial responsibilities (each, a PDMR) in ordinary shares of the Company (Ordinary Shares) under the 888 Long Term Incentive Plan 2015 (the Plan).
On 7 April 2017 (the Date of Grant), the following awards (Awards) were made to the PDMRs for no consideration under the Plan. The numbers of Ordinary Shares stated are the amount that the Company undertook to award to the relevant PDMR and as disclosed in the Remuneration Policy. Each award was calculated based on the closing price of the Ordinary Shares on the Date of Grant.
| PDMR | Type of Award | Number of Ordinary Shares upon full vesting of Award |
| Itai Frieberger | Conditional Share Award | 515,334 |
| Aviad Kobrine | Nil-Cost Option | 240,110 |
The Awards will vest in the normal course on 6 April 2020, subject to fulfilment of the applicable performance conditions as set out in the Company's Directors' Remuneration Policy in force on the Date of Grant.
The notification of dealing form for each PDMR can be found below.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| (a) | Name of person | Itai Frieberger |
| 2 | Reason for 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 of issuer | 888 Holdings Plc |
| (b) | Legal Entity Identifier | 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 financial instrument | Ordinary Shares of 0.5p each in the capital of 888 Holdings plc |
| Identification code | ISIN: GI000A0F6407 | |
| (b) | Nature of transaction | Grant of a Conditional Share Award relating to the Ordinary Shares, in line with Remuneration Policy |
| (c) | Price and volume of transaction | No consideration; 515,334 Ordinary Shares |
| (d) | Aggregated information - Volume Price |
515,334 Ordinary Shares No consideration |
| (e) | Date of transaction | 7 April 2017 |
| (f) | Place of transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| (a) | Name of person | Aviad Kobrine |
| 2 | Reason for 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 of issuer | 888 Holdings Plc |
| (b) | Legal Entity Identifier | 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 financial instrument | Ordinary Shares of 0.5p each in the capital of 888 Holdings plc |
| Identification code | ISIN: GI000A0F6407 | |
| (b) | Nature of transaction | Grant of a Nil-Cost Option relating to the Ordinary Shares, in line with Remuneration Policy |
| (c) | Price and volume of transaction | No consideration; 240,110 Ordinary Shares |
| (d) | Aggregated information - Volume Price |
240,110 Ordinary Shares No consideration |
| (e) | Date of transaction | 7 April 2017 |
| (f) | Place of transaction | Outside a trading venue |
- ends -
Contacts and enquiries
| 888 Holdings Plc | +350 200 49 800 |
| Brian Mattingley, Chairman | |
| Itai Frieberger, Chief Executive Officer | |
| Aviad Kobrine, Chief Financial Officer | |
| Hudson Sandler | +44(0) 207 796 4133 |
| Alex Brennan | |
| Bertie Berger |
This information is provided by RNS
The company news service from the London Stock Exchange
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