ENT.L

Entain Plc
Entain PLC - Director/PDMR Shareholding
5th December 2024, 12:20
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 0078P
Entain PLC
05 December 2024
 

5 December 2024

Entain plc

("Entain" or "Group" or "Company")

 

Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMR")
Or Persons Closely Associated ('PCA')

Entain plc (LSE: ENT), the global sports betting and gaming group, announces transactions of Entain ordinary shares of €0.01 each in the capital of the Company ("Shares") due to portfolio rebalancing transactions by Eminence Capital, LP as set out below:

 

Name & Role

Shares held prior to dealing

Nature of transaction

Number Shares sold and purchased

Date of Sale and Purchase of Shares

Sale & Purchase price (pence per share)

Total Shares held after dealing

 

Eminence Capital, LP

PCA of Ricky Sandler

41,199,346

Rebalancing transaction between funds and accounts managed by Eminence Capital, LP

Sold:

4,334,882

Purchased:

4,334,882

02/12/2024

805.60p

41,199,346

 

There was no change to the aggregate holding of the funds and accounts managed by Eminence Capital, LP as a result of the rebalancing transactions above. The sale and purchase of Shares were effected simultaneously by internal journal transfers between accounts of different Eminence clients.

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of English law by virtue of the European Union (Withdrawal) Act 2018.

 

Enquiries:

Company Secretary

 

Investor Relations - Entain plc

 

secretary@entaingroup.com

 

investors@entaingroup.com

 

Media - Entain plc

media@entaingroup.com

 

 

Sodali & Co

 

Rob Greening/Russ Lynch/Sam Austrums

 

Tel: +44 (0) 20 7250 1446

 

entain@sodali.com

 

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 BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS and SuperSport; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group operates the TAB NZ brand as part of a long-term strategic partnership with TAB New Zealand. 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 and is the only global operator to exclusively operate in domestically regulated or regulating markets operating in over 30 territories.

Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. For more information see the Group's website: www.entaingroup.com

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Eminence Capital, LP

2

Reason for the notification

a)

Position/status

PCA of Ricky Chad Sandler, a Non-Executive Director of the issuer

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 instrument

Identification code

Ordinary shares of Entain plc of €0.01 each 
 

IM00B5VQMV65

b)

Nature of the transaction

Share sale

c)

Price(s) and volume(s)

Price(s)

Volume(s)

805.60p

 4,334,882

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

 

4,334,882 ordinary shares of €0.01 each

805.60p consideration

 

e)

Date of the transaction

2 December 2024

f)

Place of the transaction

Journal transfer

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Eminence Capital, LP

2

Reason for the notification

a)

Position/status

PCA of Ricky Chad Sandler, a Non-Executive Director of the issuer

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 instrument

Identification code

Ordinary shares of Entain plc of €0.01 each 
 

IM00B5VQMV65

b)

Nature of the transaction

Share purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

805.60p

 4,334,882

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

 

4,334,882 ordinary shares of €0.01 each

805.60p consideration

 

e)

Date of the transaction

2 December 2024

f)

Place of the transaction

Journal transfer

  

 

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
 
 
DSHBDBDDCBGDGSU]]>
TwitterFacebookLinkedIn