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Director/PDMR Shareholding

19 Jan 2009 14:50

RNS Number : 8767L
888 Holdings plc
19 January 2009
 



19 January 2009

888 Holdings Public Limited Company

("888")

DIRECTORS/ PDMR SHARE INTERESTS

Following notifications made in accordance with DR 3.1.4(R)(1)(a), 888 Holdings plc (the "Company") wishes to notify the following changes in the interests of persons discharging managerial responsibility ("PDMRs") in ordinary shares £0.005 each in the capital of the Company ("Shares") arising out of the operation of its 888 All-Employee Share Plan.

On 14 January 2009, awards over Shares in the form of a nil-cost option and a contingent right to receive shares ('Awards') were granted under the 888 All-Employee Share Plan to the following PDMRs, as set out below. This grant is in lieu of a portion of the annual cash bonus due by the Company to the PDMRs.

PDMR

Shares under the Award and type of Award

Vesting Schedule 

Total interest in Shares after grant of Award

Gigi Levy

105,000 share award

14 July 2009 - 25%

14 January 2010 - 40%

14 July 2010 - 25%

13 January 2012 - 10%

0.95%

Aviad Kobrine

71,250 nil-cost options

14 July 2009 - 25%

14 January 2010 - 40%

14 July 2010 - 25%

13 January 2012 - 10%

0.34%

The PDMRs were not required to make any payment for these Awards.

ends -

Contacts and enquiries

888

Gigi Levi Chief Executive Officer +350 200 49800

Aviad Kobrine Chief Financial Officer +350 200 49800

Bell Pottinger Corporate & Financial

Nick Lambert/ Andrew Benbow   +44 (0)20 7861 3232

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