Date: 25 November 2019
On behalf of: Entertainment One Ltd. (the "Company")
Embargoed until: 0700 hours
Entertainment One Ltd.
Notification of Director Dealing
Entertainment One Ltd. makes the following announcement in accordance with Article 19(3) of the Market Abuse Regulation.
The Company has been informed that Joe Sparacio, an executive director of the Company, has dealt in shares in the Company as follows:
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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(a) |
Name of person |
Joe Sparacio |
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2. |
Reason for notification |
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(a) |
Position/status |
Executive Director |
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(b) |
Initial notification/ amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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(a) |
Name of issuer |
Entertainment One Ltd. |
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(b) |
LEI |
549300PPR3DPKV153240 |
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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 |
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(a) |
Description and identifier of financial instrument |
Options to acquire common shares of Entertainment One Ltd. under the conditional share award agreement dated 22 November 2016 ("Options")
ISIN: CA29382B1022 |
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(b) |
Nature of transaction |
Vesting of Options to acquire common shares of Entertainment One Ltd. |
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(c) |
Price and volume of transaction |
Price: nil cost
Volume: 50,000
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(d) |
Aggregated information - Aggregated volume - price |
As noted in (c) above |
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(e) |
Date of transaction |
22 November 2019
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(f) |
Place of transaction |
Outside a trading venue |
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(a) |
Description and identifier of financial instrument |
Common shares of Entertainment One Ltd. ("Shares")
ISIN: CA29382B1022 |
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(b) |
Nature of transaction |
Disposal of 25,000 Shares (being half of the vested Options) following the vesting of the Options in order to cover the tax liability due upon vesting, with 25,000 Shares (being the remaining half of the vested Options) being retained by Mr Sparacio |
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(c) |
Price and volume of transaction |
Price:
Volume: 25,000
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(d) |
Aggregated information - Aggregated volume - price |
As noted in (c) above |
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(e) |
Date of transaction |
22 November 2019
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(f) |
Place of transaction |
London Stock Exchange |
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Enquiries: |
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Alma PR |
Rebecca Sanders-Hewett |
+44 (0)20 3865 9667 |
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Entertainment One Ltd. |
Joe Sparacio Patrick Yau |
+44 (0)20 3714 7931 |
Notes to Editors:
About Entertainment One
Entertainment One Ltd. (LSE: ETO) is a global independent studio that specialises in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company's diversified expertise spans across film, television and music production and sales; family programming, merchandising and licensing; digital content; and live entertainment. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.
The Company's robust network includes international feature film distribution company Sierra/Affinity; Amblin Partners with DreamWorks Studios, Participant Media, and Reliance Entertainment; Makeready with Brad Weston; unscripted television production companies Whizz Kid Entertainment, Renegade 83, Daisybeck and Blackfin; live entertainment leaders Round Room Live; world-class music labels Dualtone Music Group and Last Gang; innovative music platform Audio Network; and award-winning emerging content and technology studio Secret Location.
The Company's rights library, valued at
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