ENT.L

Entain Plc
Entain PLC - Director/PDMR Shareholding
7th November 2024, 08:29
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RNS Number : 3473L
Entain PLC
07 November 2024
 

7 November 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:

132,774

Purchased:

132,774

04/11/2024

734.40p

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 purchase and sales were done simultaneously as separate cross transactions between Eminence funds and accounts. 

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.c


 

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)

734.40p

 132,774

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

 

132,774 ordinary shares of €0.01 each

734.40p consideration

 

e)

Date of the transaction

4 November 2024

f)

Place of the transaction

CBOE - BXE

 

 


 

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)

734.40p

 132,774

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

 

132,774 ordinary shares of €0.01 each

734.40p consideration

 

e)

Date of the transaction

4 November 2024

f)

Place of the transaction

CBOE - BXE

  

 

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