888 Holdings plc Director/PDMR Shareholding (3896W)
April 16 2019 - 10:06AM
UK Regulatory
TIDM888
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
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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 Ordinary Shares of 0.5p each in the capital
financial instrument, of 888 Holdings plc (Ordinary Shares)
type of instrument ISIN: GI000A0F6407
Identification code
---------------------------------------- ----------------------------------------------
(b) Nature of the transaction Sale of Ordinary Shares
---------------------------------------- ----------------------------------------------
(c) Price(s) and volume(s) Price(s) Volume(s)
152 pence 2,000,000
---------------------------------------- ---------------------- ----------------------
(d) Aggregated information
* Aggregated volume N/A - single transaction
* Price
---------------------------------------- ----------------------------------------------
(e) Date and time of the 15 April 2019
transaction
---------------------------------------- ----------------------------------------------
(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
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END
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