TIDMETO

RNS Number : 4488U

Entertainment One Ltd

25 November 2019

   Date:                                25 November 2019 
   On behalf of:                    Entertainment One Ltd. (the "Company") 
   Embargoed until:             0700 hours 

Entertainment One Ltd.

Notification of Director Dealing

Entertainment One Ltd. makes the following announcement in accordance with Article 19(3) of the Market Abuse Regulation.

The Company has been informed that Joe Sparacio, an executive director of the Company, has dealt in shares in the Company as follows:

 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name of person              Joe Sparacio 
      -------------------------  -------------------------------------------------- 
 
 2.     Reason for notification 
      ----------------------------------------------------------------------------- 
 (a)   Position/status            Executive Director 
      -------------------------  -------------------------------------------------- 
 (b)   Initial notification/      Initial notification 
        amendment 
      -------------------------  -------------------------------------------------- 
 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 (a)   Name of issuer             Entertainment One Ltd. 
      -------------------------  -------------------------------------------------- 
 (b)   LEI                        549300PPR3DPKV153240 
      -------------------------  -------------------------------------------------- 
 
 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 and            Options to acquire common shares of Entertainment 
        identifier of financial    One Ltd. under the conditional share award 
        instrument                 agreement dated 22 November 2016 ("Options") 
 
                                   ISIN: CA29382B1022 
      -------------------------  -------------------------------------------------- 
 (b)   Nature of transaction      Vesting of Options to acquire common shares 
                                   of Entertainment One Ltd. 
      -------------------------  -------------------------------------------------- 
 (c)   Price and volume           Price: nil cost 
        of transaction 
                                   Volume: 50,000 
      -------------------------  -------------------------------------------------- 
 (d)   Aggregated information     As noted in (c) above 
        - Aggregated volume 
        - price 
      -------------------------  -------------------------------------------------- 
 (e)   Date of transaction        22 November 2019 
      -------------------------  -------------------------------------------------- 
 (f)   Place of transaction       Outside a trading venue 
      -------------------------  -------------------------------------------------- 
 (a)   Description and            Common shares of Entertainment One Ltd. 
        identifier of financial    ("Shares") 
        instrument 
                                   ISIN: CA29382B1022 
      -------------------------  -------------------------------------------------- 
 (b)   Nature of transaction      Disposal of 25,000 Shares (being half of 
                                   the vested Options) following the vesting 
                                   of the Options in order to cover the tax 
                                   liability due upon vesting, with 25,000 
                                   Shares (being the remaining half of the 
                                   vested Options) being retained by Mr Sparacio 
      -------------------------  -------------------------------------------------- 
 (c)   Price and volume           Price: GBP5.56 
        of transaction 
                                   Volume: 25,000 
      -------------------------  -------------------------------------------------- 
 (d)   Aggregated information     As noted in (c) above 
        - Aggregated volume 
        - price 
      -------------------------  -------------------------------------------------- 
 (e)   Date of transaction        22 November 2019 
      -------------------------  -------------------------------------------------- 
 (f)   Place of transaction       London Stock Exchange 
      -------------------------  -------------------------------------------------- 
 
 
Enquiries: 
 
Alma PR                  Rebecca Sanders-Hewett   +44 (0)20 3865 9667 
 
                         Joe Sparacio 
Entertainment One Ltd.    Patrick Yau             +44 (0)20 3714 7931 
 

Notes to Editors:

About Entertainment One

Entertainment One Ltd. (LSE: ETO) is a global independent studio that specialises in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company's diversified expertise spans across film, television and music production and sales; family programming, merchandising and licensing; digital content; and live entertainment. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.

The Company's robust network includes international feature film distribution company Sierra/Affinity; Amblin Partners with DreamWorks Studios, Participant Media, and Reliance Entertainment; Makeready with Brad Weston; unscripted television production companies Whizz Kid Entertainment, Renegade 83, Daisybeck and Blackfin; live entertainment leaders Round Room Live; world-class music labels Dualtone Music Group and Last Gang; innovative music platform Audio Network; and award-winning emerging content and technology studio Secret Location.

The Company's rights library, valued at US$2.1 billion (as at 31 March 2019), is exploited across all media formats and includes about 80,000 hours of film and television content and approximately 40,000 music tracks.

www.entertainmentone.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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November 25, 2019 02:01 ET (07:01 GMT)

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