Last checked at 1 Feb 2018 14:07
The Rank Group Plc
LEI: 213800TXKD6XZWOFTE12
1 February 2018
Director/PDMR Shareholding
The Rank Group Plc ("Rank") announces that it has been notified of the following transactions in the Company's ordinary 13 8/9p shares undertaken by directors / persons discharging managerial responsibility ("PDMRs"):
Name | Position | № of shares purchased | № of shares sold | Total holding post-notification |
Henry Benedict Birch | Chief Executive | 127,837 | 0 | 227,837 |
Michael Ian Burke | Non-executive Chairman | 0 | 184,000 | 579,556 |
Clive Adrian Roynon Jennings | Finance Director | 56,571 | 0 | 119,071 |
LR 6.14.3 provides that certain holdings of shares in premium listed companies are not regarded as being in public hands (the 'free float'). Shares held by directors and their connected persons are included within the categories of shareholdings not regarded as being in public hands. Rank's free float position as at 31 December 2017 was 25.05%. So as to allow executive directors to purchase more shares in Rank, the non-executive chairman, Ian Burke, has sold sufficient shares to enable the executive directors' share purchases to take place without reducing Rank's free float position.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Michael Ian Burke | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR (Chairman) | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | The Rank Group Plc | ||||
b) | LEI | 213800TXKD6XZWOFTE12 | ||||
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 | Ordinary 138/9p shares GB00B1L5QH97 | ||||
b) | Nature of the transaction | Share sale | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 1 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Henry Benedict Birch | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR (Chief Executive) | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | The Rank Group Plc | ||||
b) | LEI | 213800TXKD6XZWOFTE12 | ||||
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 | Ordinary 138/9p shares GB00B1L5QH97 | ||||
b) | Nature of the transaction | Share purchase | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 1 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Clive Adrian Roynon Jennings | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR (Finance Director) | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | The Rank Group Plc | ||||
b) | LEI | 213800TXKD6XZWOFTE12 | ||||
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 | Ordinary 138/9p shares GB00B1L5QH97 | ||||
b) | Nature of the transaction | Share purchase | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 1 February 2018 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
ENQUIRIES
Frances Bingham, Company Secretary 01628 504 192