TIDMENT
RNS Number : 3259F
Entain PLC
18 March 2022
18 March 2022
Entain plc
("Entain" or "Company")
Notification of Transactions by Persons Discharging Managerial
Responsibility
Or Persons Closely Associated
Awards granted under the Entain plc 2017 Long Term Incentive
Plan ("LTIP") and the Annual and Deferred Bonus Plan ("ADBP")
Entain plc (LSE: ENT), the global sports betting gaming and
interactive entertainment group, announces that the following
awards over Entain ordinary shares of EUR0.01 each ("Shares") were
granted to Executive Directors of the Company on 18 March 2022 as
set out below:
Director Plan Number of Shares subject
to the Award
Jette Nygaard-Andersen
CEO LTIP 2 022 grant 149,090
--------------------- -------------------------
Jette Nygaard-Andersen ADBP - 2021 Deferred
CEO Bonus 46,805
--------------------- -------------------------
Robert Wood
CFO & Deputy CEO LTIP 2022 grant 81,534
--------------------- -------------------------
Robert Wood ADBP - 2021 Deferred
CFO & Deputy CEO Bonus 27,494
--------------------- -------------------------
Robert Hoskin
Chief Governance
Officer LTIP 2022 grant 62,121
--------------------- -------------------------
Robert Hoskin
Chief Governance ADBP - 2021 Deferred
Officer Bonus 21,164
--------------------- -------------------------
2022 LTIP Awards
The LTIP awards will normally vest on 18 March 2025, being the
third anniversary of the award date subject to 1) continuous
employment; and 2) the satisfaction of the relative Total
Shareholder Return performance conditions set by the Company's
Remuneration Committee on 16 February 2022. These stretching
performance conditions, are detailed in the 2021 Directors'
Remuneration Report in the Entain Annual Report (that will be
available on the Entain corporate website at www.entaingroup.com
from 25 March 2022). The post tax number of shares vesting from
these awards are subject to a two year, post vest, holding
period.
The terms of these awards provide the Remuneration Committee
with the ability to review the outcome at vesting and, if it
concludes that participants would benefit from 'windfall gains', it
will consider making appropriate adjustments to reflect this.
ADBP Awards
In the Company's remuneration policy, 50% of the Executive
Directors' annual bonus is deferred in shares. The above deferred
bonus awards have therefore been granted in respect of the CEO, CFO
& Deputy CEO, and Chief Governance Officer's annual bonus for
the 2021 financial year. These awards will normally vest on 18
March 2025, being the third anniversary of the award date, subject
to continued employment.
The Entain Directors hold in aggregate 328,481 Shares (including
those of their closely associated persons) equivalent to 0.06% of
the Company's issued share capital.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
Enquiries:
Company Secretary secretary@entaingroup.com
Emily Carey
Investor Relations
David Lloyd-Seed, Chief IR & Communications Officer investors@entaingroup.com
Powerscourt entain@powerscourt-group.com
Rob Greening / Nick Haynes Tel: +44 (0) 20 7250 1446
LEI :213800GNI3K45LQR8L28
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the
world's largest sports-betting and gaming groups, operating both
online and in the retail sector. The Group owns a comprehensive
portfolio of established brands; Sports Brands include bwin,
Bet.pt, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and
Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala,
GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.
The Group owns proprietary technology across all its core product
verticals and in addition to its B2C operations provides services
to a number of third-party customers on a B2B basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports
betting and iGaming in the US. Entain provides the technology and
capabilities which power BetMGM as well as exclusive games and
products, specially developed at its in-house gaming studios. The
Group is tax resident in the UK with operations in a total of 31
regulated or regulating territories. Entain is a leader in ESG, a
member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group
has set a science-based target, committing to be carbon net zero by
2035 and through the Entain Foundation supports a variety of
initiatives, focusing on safer gambling, grassroots sport,
diversity in technology and community projects. For more
information see the Group's website : www.entaingroup.com
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Jette Nygaard-Andersen
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the 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 Entain plc
-------------------------------------------------------- -------------------------------------------------------
b) LEI 213800GNI3K45LQR8L28
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of Entain plc of EUR0.01 each
instrument
Identification code IM00B5VQMV65
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Grant of conditional shares under the Entain plc 2017
Long Term Incentive Plan
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 149,090
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume 149,090 ordinary shares of EUR0.01 each
- Price
Nil consideration
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 18 March 2022
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Jette Nygaard-Andersen
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the 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 Entain plc
-------------------------------------------------------- -------------------------------------------------------
b) LEI 213800GNI3K45LQR8L28
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of Entain plc of EUR0.01 each
instrument
Identification code IM00B5VQMV65
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Grant of conditional shares under the Entain plc
Annual and Deferred Bonus Plan
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 46,805
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume
- Price 46,805 ordinary shares of EUR0.01 each
Nil consideration
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 18 March 2022
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Robert Wood
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer and Deputy 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 Entain plc
-------------------------------------------------------- -------------------------------------------------------
b) LEI 213800GNI3K45LQR8L28
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of Entain plc of EUR0.01 each
instrument
Identification code IM00B5VQMV65
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Grant of conditional shares under the Entain plc 2017
Long Term Incentive Plan
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 81,534
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume 81,534 ordinary shares of EUR0.01 each
- Price
Nil consideration
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 18 March 2022
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Robert Wood
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer and Deputy 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 Entain plc
-------------------------------------------------------- -------------------------------------------------------
b) LEI 213800GNI3K45LQR8L28
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of Entain plc of EUR0.01 each
instrument
Identification code IM00B5VQMV65
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Grant of conditional shares under the Entain plc
Annual and Deferred Bonus Plan
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 27,494
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume 27,494 ordinary shares of EUR0.01 each
- Price
Nil consideration
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 18 March 2022
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Robert Hoskin
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Governance Officer
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial notification
-------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name Entain plc
-------------------------------------------------------- -------------------------------------------------------
b) LEI 213800GNI3K45LQR8L28
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of Entain plc of EUR0.01 each
instrument
Identification code IM00B5VQMV65
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Grant of nil cost options under the Entain plc 2017
Long Term Incentive Plan
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 62,121
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume 62,121 ordinary shares of EUR0.01 each
- Price
Nil consideration
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 18 March 2022
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Robert Hoskin
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Governance Officer
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial notification
-------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name Entain plc
-------------------------------------------------------- -------------------------------------------------------
b) LEI 213800GNI3K45LQR8L28
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of Entain plc of EUR0.01 each
instrument
Identification code IM00B5VQMV65
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Grant of nil cost options under the Entain plc Annual
and Deferred Bonus Plan
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 21,164
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume
- Price 21,164 ordinary shares of EUR0.01 each
Nil consideration
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 18 March 2022
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHGPUWAWUPPGCR
(END) Dow Jones Newswires
March 18, 2022 10:58 ET (14:58 GMT)
Gvc (LSE:GVC)
Historical Stock Chart
From Nov 2024 to Dec 2024
Gvc (LSE:GVC)
Historical Stock Chart
From Dec 2023 to Dec 2024