TIDMSBT
RNS Number : 8304W
Sportingbet PLC
04 August 2009
Sportingbet PLC
Director Shareholdings
Sportingbet Plc (the "Company") announces that today:
1. As stated in the Company's RNS dated 20 March 2009, as part of the Company's
Remuneration Policy, non-executive directors receive part of their remuneration
in the form of Ordinary Shares. For the financial year ending 31 July 2009, this
was set at GBP40,000 each. The non-executive directors receive their shares in
two equal tranches, the first of which was issued on 19 March 2009 (pursuant to
which each non-executive director received 51,099 Ordinary Shares of 0.1 pence
each ("Ordinary Shares") in the Company) and the second tranche was issued on
4 August 2009. The second tranche is based on an average price of the Company's
Ordinary Shares during July 2009. The non-executive directors have therefore
received on 4 August 2009 an interest in the following number of Ordinary Shares
which, having applied to the London Stock Exchange today for listing, will be
admitted to trading on or before 10 August 2009 and will rank pari passu with
the existing issued Ordinary Shares:
+------------------------------------+------------------------------------+
| Name of Non-Executive Director | No. of Ordinary Shares |
| | |
+------------------------------------+------------------------------------+
| Peter Dicks | 35,663 |
| | |
+------------------------------------+------------------------------------+
| Sean O'Connor | 35,663 |
| | |
+------------------------------------+------------------------------------+
| Brian Harris | 35,663 |
| | |
+------------------------------------+------------------------------------+
| Nigel Payne | 35,663 |
| | |
+------------------------------------+------------------------------------+
Subsequent to the above, Mr. Payne will gift all of the Ordinary Shares detailed
above against his name.
2. As a result of the above, the directors' interests in the Company's Ordinary
Shares, subsequent to the sale of Ordinary Shares to meet any tax liabilities
and dealing costs, is as follows:
+------------------------------------+------------------------------------+
| Name of Non-Executive Director | No. of Ordinary Shares |
| | |
+------------------------------------+------------------------------------+
| Peter Dicks | 552,619 |
+------------------------------------+------------------------------------+
| Sean O'Connor | 548,027 |
| | |
+------------------------------------+------------------------------------+
| Brian Harris | 349,772 |
| | |
+------------------------------------+------------------------------------+
| Nigel Payne | 176,398 |
| | |
+------------------------------------+------------------------------------+
3. That as at the date of this notification its capital consists of
484,124,459 Ordinary Shares with voting rights. The Company does not hold any
Ordinary Shares in Treasury.
Therefore, the total number of voting rights in the Company is 484,124,459.
The above figure (484,124,459) may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the FSA's
Disclosure and Transparency Rules.
+----------------------------+------------------------------------------+
| Sportingbet plc | +44 (0) 20 7184 1800 |
+----------------------------+------------------------------------------+
| Simon Gregory | |
+----------------------------+------------------------------------------+
| | |
| Daniel Stewart & Company | +44 (0) 20 7776 6550 |
| plc | |
+----------------------------+------------------------------------------+
| Paul Shackleton | |
+----------------------------+------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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