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12 May 2015 12:30
CINEWORLD GROUP PLC (the "Company")
The Company has received a notification pursuant to the requirements of paragraph 3.1.2R of the Disclosure and Transparency Rules of the Financial Services Authority.
On 12 May 2015, the following option ("Option") over ordinary shares in the Company ("Shares") was granted pursuant to the Cineworld Group 2007 Sharesave Scheme ("the Scheme") to a Director of the Company:
Name of Director | Number of Shares under the Option Granted pursuant to the Scheme |
Philip Bowcock (CFO) | 4,687 |
Â
The Option has an exercise price of ÂŁ3.84 per share and, in accordance with the Rules of the Scheme, it will, in the normal course of events, be exercisable from 1 June 2018. No consideration was paid for the grant of the Option.Â
The Company was informed of the above transactions on 12 May 2015, such notification having been given by such Director in accordance with the requirements of paragraph DTR 3.1.2R of the Disclosure and Transparency Rules of the Financial Services Authority. The above announcement is made pursuant to the Company's obligations under DTR 3.1.4.R of the Disclosure and Transparency Rules of the Financial Services Authority.
Richard Ray
Company Secretary
Tel: 020 8987 5000
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