Notification of Transactions by Persons Discharging Managerial Responsibility or Persons Closely Associated

Jay DossetterNews

21 September 2018

GVC Holdings PLC
(“GVC” or “Company”)

Notification of Transactions by Persons Discharging Managerial Responsibility or Persons Closely Associated

Awards granted under the GVC Holdings PLC 2017 Long Term Incentive Plan (“LTIP”)
and
the GVC Holdings PLC Annual and Deferred Bonus Plan (“2017 Deferred Bonus”)

The following awards over GVC ordinary shares of €0.01 each (“Shares”) were granted to Executive Directors of the Company on 20 September 2018 as set out below.

Name

Plan

Number of Shares subject to the Award

Kenneth Alexander

LTIP – 2018 grant

225,338

Kenneth Alexander

2017 Deferred Bonus

100,576

Paul Bowtell

LTIP – 2018 grant

134,076

The LTIP awards will normally vest on 20 September 2021, being the third anniversary of the award date, subject to continuous employment and the satisfaction of the relative Total Shareholder Return (50%) and the cumulative Earning Per Share (50%) performance conditions, details of which will be disclosed in the 2018 directors’ remuneration report.

In the directors’ remuneration policy, 50% of Group CEO’s annual bonus is deferred in shares.  The above 2017 Deferred Bonus award has been granted in respect of the Group CEO’s annual bonus for the 2017 financial year. This award will normally vest on 20 September 2021, being the third anniversary of the award date, subject to continuous employment.

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.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kenneth Alexander

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

GVC Holdings 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 GVC Holdings PLC of €0.01 each 

IM00B5VQMV65

b)

Nature of the transaction

Grant of Conditional shares under the GVC Holdings PLC 2017 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 225,338

d)

Aggregated information

Aggregated volume

Price

225,338 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

20 September 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kenneth Alexander

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

GVC Holdings 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 GVC Holdings PLC of €0.01 each 

IM00B5VQMV65

b)

Nature of the transaction

Grant of Conditional shares under the GVC Holdings PLC Annual and Deferred Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 100,576

d)

Aggregated information

Aggregated volume

Price

100,576 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

20 September 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Bowtell

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

GVC Holdings 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 GVC Holdings PLC of €0.01 each 

IM00B5VQMV65

b)

Nature of the transaction

Grant of Conditional shares under the GVC Holdings PLC 2017 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 134,076

d)

Aggregated information

Aggregated volume

Price

134,076 ordinary shares of €0.01 each

Nil consideration

e)

Date of the transaction

20 September 2018

f)

Place of the transaction

Outside a trading venue

Contact: 
GVC Holdings PLC
Robert Hoskin, Company Secretary                                 +350 200 78700