5 Apr 2018 13:00
Merlin Entertainments plc
5 April 2018
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
PERFORMANCE SHARE PLAN (PSP)
VESTING OF 2015 AWARD
The following disclosure is made in accordance with Article 19(3) of the Market Abuse Regulation.
The Company announces that, as a result of the relevant performance conditions having being partially satisfied, the awards granted in April 2015 under the Company's PSP vested in part on 3 April 2018. The overall vesting percentage for these awards was 14.0%.
Following such vesting, the following persons (PDMRs) sold a proportion of the shares that vested in order to satisfy their income tax and national insurance liabilities arising on vesting at a price of 341.091 pence per share.
The following sets out the shares that vested on 3 April 2018, the number of shares sold following such vesting and, following such sales, the respective beneficial holdings in the Company to which voting rights are attached for each of the persons listed below:
PDMR | Number of 2015 PSP Awards vesting * | Number of Shares sold to meet tax liabilities | Total Shareholding after sale | Holding % of Issued Share Capital |
Nick Varney | 48,160 | 25,232 | 6,677,917 | 0.655% |
Mark Allsop | 8,697 | 4,119 | 93,988 | 0.009% |
Mark Fisher | 12,673 | 6,002 | 2,302,144 | 0.226% |
John Jakobsen | 12,673 | 6,002 | 778,872 | 0.076% |
Nick Mackenzie | 12,673 | 6,002 | 1,421,387 | 0.139% |
Fraser Montgomery | 5,407 | 2,561 | 136,654 | 0.013% |
Hans Aksel Pedersen | 5,454 | 1,339 | 310,344 | 0.030% |
Justin Platt | 3,313 | 1,569 | 77,970 | 0.008% |
* includes accrued dividends
For further information please contact:
Matthew Jowett
General Counsel and Company Secretary
Merlin Entertainments plc
00 44 1202 634955
5 April 2018