30 April 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 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
|
30,054,030
|
Rebalancing transaction between
funds and accounts managed by Eminence Capital, LP
|
Sold:
924,505
Purchased:
924,505
|
26/04/2024
|
784.20p
|
30,054,030
|
There is 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 two 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 EU Market Abuse Regulation No 596/2014 as it forms part of UK law.
Enquiries:
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, SuperSport and TAB NZ; Gaming
brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino,
Optibet, Partypoker and PartyCasino. 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. The Group has set a
science-based target, committing to be carbon net zero by 2035 and
through the Entain Foundation supports a variety of initiatives,
focusing on safer gambling, grassroots sport, diversity in
technology and community projects. 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)
|
|
784.20p
|
924,505
|
|
|
d)
|
Aggregated information
|
-
|
Aggregated volume
|
|
-
|
Price
|
|
924,505 ordinary shares of €0.01
each
784.20p consideration
|
|
e)
|
Date of the transaction
|
26 April 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)
|
|
784.20p
|
924,505
|
|
|
d)
|
Aggregated information
|
-
|
Aggregated volume
|
|
-
|
Price
|
|
924,505 ordinary shares of €0.01
each
784.20p consideration
|
|
e)
|
Date of the transaction
|
26 April 2024
|
|
f)
|
Place of the transaction
|
CBOE BXE
|