16 April 2019
888 Holdings plc
Notification of Transactions by Persons Discharging Managerial Responsibilities
Following notifications made in accordance with Article 19(1) of the EU Market Abuse Regulation (EU 596/2014) and in accordance with Article 19(3) thereof, 888 Holdings Plc (the "Company") notifies the following transaction by a person discharging managerial responsibilities (a PDMR) in ordinary shares of 0.5p each in the Company ("Ordinary Shares").
On 15 April 2019, the Company was notified that Mr Itai Frieberger, Non-executive Director at 888, sold 2,000,000 Ordinary Shares on 15 April 2019, at a price of 152p each (the "Transaction"). As previously announced, Mr Frieberger stepped down as Chief Executive Officer of 888 on 24 January 2019, after more than 15 years with the Company, with this Transaction conducted as part of Mr Frieberger's personal wealth planning. Mr Frieberger has verbally committed to not selling any further Ordinary Shares for a period of at least 60 days from today's date.
Post this Transaction, Mr Frieberger holds an interest of 3,511,297 Ordinary Shares, representing 1.0 per cent. of the Company's issued share capital.
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
1. Details of the person discharging managerial responsibilities/person closely associated
2. Reason for the notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
888 Holdings Plc
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
Description of the financial instrument, type of instrument
Ordinary Shares of 0.5p each in the capital of 888 Holdings plc (Ordinary Shares)
Nature of the transaction
Sale of Ordinary Shares
Price(s) and volume(s)
- Aggregated volume
N/A - single transaction
Date and time of the transaction
15 April 2019
Place of the transaction
London Stock Exchange
- ends -
Contacts and enquiries
888 Holdings plc
Brian Mattingley, Chairman
Itai Pazner, Chief Executive Officer
Aviad Kobrine, Chief Financial Officer
+350 200 49800
+44(0) 207 796 4133
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