Last checked at 25 Oct 2021 11:00
25 October 2021
The Rank Group Plc
LEI: 213800TXKD6XZWOFTE12
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the Market Abuse Regulations.
On 22 October 2021 the following award over ordinary shares of 13 8/9 pence in the Company was granted under The Rank Group 2021 Recovery Incentive Scheme to the following person discharging managerial responsibilities:
PDMR | No. of shares under Award |
John O'Reilly, Chief Executive | 305,772 |
Subject to meeting financial targets for net gaming revenue and profits after tax for the 2021/22 financial year, 50% of the award will vest one year after grant and 50% of the award will vest two years after grant, in each case subject to continued employment (without notice). Malus and clawback provisions apply.
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | John O'Reilly | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Executive | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
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 | Ordinary Shares of 13 8/9 pence each in Rank Group Plc
| ||||
Identification code | GB00B1L5QH97 | |||||
b) | Nature of the transaction | Grant of awards over Ordinary Shares. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||
e) |
Date of the transaction
|
22 October 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries: Luisa Wright, Company Secretary Tel: 01628 504000