Paddy Power plc PAP Director/PDMR Shareholding

  Paddy Power plc (PAP) - Director/PDMR Shareholding

RNS Number : 6222R
Paddy Power plc
20 November 2012
 



           Notification of Transactions of (1) Persons Discharging

         Managerial Responsibility and (2) Persons closely associated

              with Persons Discharging Managerial Responsibility

 This form is intended for use by an issuer making a notification required by
   Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in
    relation to a person falling within either of the above categories of
 individual. These categories are defined in Regulation 12 (8) of the Market
Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this
                                    form.

       All relevant boxes should be completed in block capital letters.

 

1  Name of the Issuer                    2  Name   of    person    discharging 
                                            managerial responsibilities
    
                                            CORMAC MCCARTHY (DIRECTOR)
   PADDY POWER PLC
3  State whether notification relates to 4  Indicate whether the  notification 
   a person  closely associated  with  a    is in respect of a holding of  the 
   person     discharging     managerial    person referred to in 2 or 3 above
   responsibilities  named   in  2   and    or in respect of a  non-beneficial 
   identify the connected person            interest

                                             

   N/A                                      NOTIFICATION IS IN RESPECT OF  THE 
                                            PERSON NAMED AT 2 ABOVE.
5  Description of shares or  derivatives 6  Name of registered  shareholder(s) 
   or other financial instruments linked    and, if more  than one, number  of 
   to them                                  shares  or  derivatives  or  other 
                                            financial  instruments  linked  to 
                                            them, held by each shareholder

   ORDINARY SHARES OF €0.10 EACH             

                                            N/A

    
7  State the nature of the transaction   8  Number of  shares, derivatives  or 
                                            other financial instruments linked
                                            to them acquired

   GRANT OF AWARDS UNDER THE PADDY POWER     
   PLC 2004 LONG TERM INCENTIVE PLAN
                                            N/A
    
9  Number of shares, derivatives  or     10 Price per share  or derivative  or 
   other financial instruments linked to    other financial instrument  linked 
   them  disposed of                        to them or value of transaction

                                             

   N/A                                      N/A
11 Date and place of transaction         12 Date    issuer     informed     of 
                                            transaction
    
                                             
   20 NOVEMBER 2012, DUBLIN
                                            20 NOVEMBER 2012
    
13 Any additional information            14 Name  of  contact  and   telephone 
                                            number for queries
    
                                             
   N/A
                                            SUSAN  O'CONNOR,  DEPUTY   COMPANY 
                                            SECRETARY PH:  00 353 1 9051000
    

   Person authorised  on  behalf of  the  issuer responsible  for  making  the 
   notification

    

   SUSAN O'CONNOR, DEPUTY COMPANY SECRETARY

    

   Date of notification ___20 NOVEMBER 2012________________

 

      Information required under Irish Stock Exchange Listing Rule 6.10

The following additional  information is  required to be  disclosed under  ISE 
Listing Rule  6.10 in  respect of  interests in  securities of  a director  or 
secretary or their  connected persons.   An issuer  is not  being required  to 
submit the information below to the Central Bank in respect of any PDMR who is
also a director/secretary/connected persons.

15 Name of director or secretary (if 16 State whether the notification relates
   not required to be stated in  box    to a single
   2)
                                        transaction being notified in
                                        accordance with the Market Abuse Rules
                                        and ISE LR 6.10
   CORMAC MCCARTHY (DIRECTOR)
                                         
    
                                        NOTIFICATION RELATES TO A SINGLE
                                        TRANSACTION BEING NOTIFIED IN
                                        ACCORDANCE WITH THE MARKET ABUSE RULES
                                        AND ISE LR 6.10

                                         
17 Description of class of share     18 Percentage of  issued  class  acquired 
                                        (treasury shares of that class  should 
                                        not  be   taken  into   account   when 
                                        calculating  percentage)
   ORDINARY SHARES OF €0.10 EACH
                                         
    
                                        N/A

                                         
19 Percentage of issued class        20 Total holding  following  notification 
   disposed (treasury shares of that    and total percentage holding following
   class should not be taken into       notification  (any   treasury   shares 
   account when calculating             should not be taken into account  when 
   percentage)                          calculating percentage)

                                         

   N/A                                  N/A

                                         

 

If a person  whose interests are  required to be  disclosed under ISE  Listing 
Rule 6.10  has  been  granted  options by  the  issuer,  please  complete  the 
following boxes:

21 Date of grant                    22 Period during which or date on which it
                                       can be exercised
   20 NOVEMBER 2012
                                       THE AWARDS  WILL VEST  IN 2015  AT  THE 
                                       EARLIEST    SUBJECT     TO     SPECIFIC 
                                       PERFORMANCE  CONDITIONS  BASED  ON  THE 
                                       GROWTH IN ADJUSTED  EARNINGS PER  SHARE 
                                       BEING ACHIEVED
23 Total amount paid (if any) for   24 Description of  shares involved  (class 
   grant of the option                 and number)

   NIL                                 35,000 ORDINARY SHARES OF €0.10 EACH
25 Exercise price (if fixed at time 26 Total  number  of  shares  over   which 
   of grant) or indication that the    options are held following notification
   price is to be fixed at the time
   of exercise                         PADDY POWER PLC 2004 LONG TERM
                                       INCENTIVE PLAN - 35,000
   N/A
                                        

                                        
 

Name and signature of duly designated officer of issuer responsible for making
notification

 

SUSAN O'CONNOR, DEPUTY COMPANY SECRETARY

 

Date of notification ____20 NOVEMBER 2012_____________

 

The duly  designated  officer  of  the  issuer  responsible  for  making  this 
notification  acknowledges  and  confirms  that  he/she  is  aware  that   the 
information as has been provided in response  to the questions 15 to 26  above 
is not information which has been required  by or which has been requested  by 
the Central Bank, and is information which  is required to be provided to  the 
Irish Stock Exchange only.

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
RDSURONRUVAAUAA -0- Nov/20/2012 17:00 GMT