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Director/PDMR Shareholding

1 Mar 2023 11:15

RNS Number : 5337R
Hollywood Bowl Group plc
01 March 2023
 

Hollywood Bowl Group plc (the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

The Company announces that Stephen Burns (Chief Executive Officer), Laurence Keen (Chief Financial Officer) and Darryl Lewis (Chief Operating Officer) have each elected to withdraw their cash contributions made in accordance with savings contracts under the Company's 2020 Save As You Earn (SAYE) scheme, and therefore the options granted to them under the 2020 SAYE have lapsed.

The SAYE is an all-employee scheme approved by HM Revenue and Customs. The SAYE exercise price for the options granted in 2020 was £2.88 per share, which is above the prevailing share price, and the options became exercisable at the end of the three-year saving plan, on 1 March 2023.

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Stephen Burns

2.

Details of PDMR / person closely associated with them ('PCA')

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

Hollywood Bowl Group plc

b)

LEI

213800XB8YZNGJYDEZ97

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

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

Lapse of SAYE options on withdrawal of cash contributions

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

1,250

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

N/A - Single transaction

e)

Date of the transaction

2023-03-01

 

f)

Place of the transaction

Outside a trading venue

 

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Laurence Keen

2.

Details of PDMR / person closely associated with them ('PCA')

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

Hollywood Bowl Group plc

b)

LEI

213800XB8YZNGJYDEZ97

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

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

Lapse of SAYE options on withdrawal of cash contributions

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

1,250

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

N/A - Single transaction

e)

Date of the transaction

2023-03-01

 

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Darryl Lewis

2.

Details of PDMR / person closely associated with them ('PCA')

a)

Position / status

Chief Operating Officer

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Hollywood Bowl Group plc

b)

LEI

213800XB8YZNGJYDEZ97

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

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

Lapse of SAYE options on withdrawal of cash contributions

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

3,250

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

N/A - Single transaction

 

e)

Date of the transaction

2023-03-01

 

f)

Place of the transaction

Outside a trading venue

 

 

 

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