REG - Entain PLC - Director/PDMR Shareholding

EntainAnnouncement

03/05/2024 11:45

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RNS Number : 2111N  Entain PLC  03 May 2024

3 May 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   30,054,030                    Rebalancing transaction between funds and accounts managed by Eminence  Sold:                             02/05/2024                           785p                                         30,054,030

                                                    Capital, LP

 PCA of Ricky Sandler                                                                                                         372,417

                                                                                                                              Purchased:

                                                                                                                              372,417

 

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.

Enquiries:

 Company Secretary                      secretary@entaingroup.com (mailto:secretary@entaingroup.com)

 Investor Relations - Entain plc        investors@entaingroup.com (mailto:investors@entaingroup.com)

 Media - Entain plc                     media@entaingroup.com

 Powerscourt                            Tel: +44 (0) 20 7250 1446

 Rob Greening/Russ Lynch/Sam Austrums   entain@powerscourt-group.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, 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
(https://eur03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.entaingroup.com%2F&data=05%7C01%7CEmily.Carey%40entaingroup.com%7C89986aa3574b4384d55c08db10dbbe93%7C60c43c0a64ac4050bf3e31e1cdfffdeb%7C0%7C0%7C638122308205799396%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=XNdgGlXYdOaFRljkqU6Ae%2BTjlt%2B4xA90bacwAGAunqc%3D&reserved=0)

 

 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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Share sale
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  785.00p    372,417

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      372,417 ordinary shares of €0.01 each

 
785.00p consideration

 e)  Date of the transaction                                      2 May 2024
 f)  Place of the transaction                                     CBOE BXTR

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

372,417 ordinary shares of €0.01 each

785.00p consideration

 

e)

Date of the transaction

2 May 2024

f)

Place of the transaction

CBOE BXTR

 

 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  Ordinary shares of Entain plc of €0.01 each

 
     Identification code

                                                                  IM00B5VQMV65
 b)  Nature of the transaction                                    Share purchase
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  785.00p    372,417

 
 d)  Aggregated information

- Aggregated volume

     - Price                                                      372,417 ordinary shares of €0.01 each

 
785.00p consideration

 e)  Date of the transaction                                      2 May 2024
 f)  Place of the transaction                                     CBOE BXTR

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 

372,417 ordinary shares of €0.01 each

785.00p consideration

 

e)

Date of the transaction

2 May 2024

f)

Place of the transaction

CBOE BXTR

 

 

 

 

 

 

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