11 Apr 2019 13:30
Merlin Entertainments plc
(the "Company")
11 April 2019
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
GRANT OF OPTIONS UNDER THE COMPANY'S ALL EMPLOYEE SHARE PLAN
The Company announces that the following persons discharging managerial responsibilities (PDMRs) have on 9 April 2019 been granted options ("Options") to purchase 1 pence ordinary shares in the capital of the Company ("Shares") pursuant to the Company's All Employee Share Plan at an exercise price per Share of £2.8768 for the UK Sharesave and £3.0711 for the US Employee Stock Purchase Plan.
The awards in favour of each of the PDMRs set out below are made under Merlin's Global All Employee Share Plan which is available to all Merlin's employees, subject to qualifying conditions.
Name of PDMR | Number of Shares over which Options granted | Plan |
Justin Platt | 5,944 | UK Sharesave |
Hans Aksel Pedersen | 2,035 | US Employee Stock Purchase Plan |
The Options issued under the UK Sharesave scheme are, in normal circumstances, not exercisable until the completion of a 3 year savings period, which will end on 1 May 2022 and will then be exercisable for a period of 6 months. The exercise period will, therefore, in normal circumstances, be from 1 May 2022 until 31 October 2022.
The Options issued under the US Employee Stock Purchase Plan are, in normal circumstances, not exercisable until the completion of a 2 year savings period, which will end on 1 May 2021. The Options will then automatically vest on this date.
This announcement, including the notifications below, is made pursuant to Article 19(3) of the Market Abuse Regulation:
For further information please contact:
Matthew Jowett
General Counsel and Company Secretary
Merlin Entertainments plc
00 44 1202 634 955
11 April 2019
1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name | Justin Platt | ||||
2 | Reason for the notification
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a) | Position/status | Chief Strategy Officer
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b) | Initial Notification / Amendment | Initial Notification
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3 | Details of the issuer | |||||
a) | Name | Merlin Entertainments plc
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b) | LEI | 549300ZTI0VEFO6WV007
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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, type of instrument
Identification code | UK Sharesave Options over Ordinary Shares of 1 pence each
GB00BDZT6P94
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b) | Nature of the transaction | Grant of Sharesave options
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c) | Price(s) and volumes |
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d) | Aggregated information - Aggregated volume - Price |
n/a
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e) | Date of the transaction | 9 April 2019
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f) | Place of the transaction | Outside a trading venue
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g) | Additional Information | none
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1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name | Hans Aksel Pedersen | ||||
2 | Reason for the notification
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a) | Position/status
| Managing Director LEGOLAND Parks | ||||
b) | Initial Notification / Amendment | Initial Notification
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3 | Details of the issuer | |||||
a) | Name | Merlin Entertainments plc
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b) | LEI | 549300ZTI0VEFO6WV007
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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, type of instrument
Identification code | US Employee Stock Purchase Plan Options over Ordinary Shares of 1 pence each
GB00BDZT6P94
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b) | Nature of the transaction | Grant of US Employee Stock Purchase Plan Options
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c) | Price(s) and volumes |
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d) | Aggregated information - Aggregated volume - Price |
n/a
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e) | Date of the transaction | 9 April 2019
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f) | Place of the transaction | Outside a trading venue
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g) | Additional Information | none
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