9 May 2023 07:00
9 May 2023
LEI: 213800V4LJ2FXMQKKA46
The Restaurant Group plc ('the Company')
Notification of transactions by directors, persons discharging managerial responsibilities ('PDMRs')
The Restaurant Group plc announces the following dealings in the Company's ordinary shares of 28.125p ('Ordinary Shares') undertaken on behalf of Directors/Persons Discharging Managerial Responsibility ('PDMR') under the Company's deferred bonus scheme:
PDMR | Shares Purchased | Date |
Andy Hornby (Chief Executive Officer) | 73,911 | 4 May 2023 |
Kirk Davis (Chief Financial Officer) | 39,556 | 4 May 2023 |
Under the terms of the Company's Remuneration Policy, half of any annual bonus payable to Executive Directors each year, net of tax and national insurance, is required to be deferred into Ordinary Shares, As a result, the above shares were purchased by The Restaurant Group Employee Benefit Trust ('EBT') on behalf of the named Directors using half of the net bonus due for the 2022 financial year, and will be held in escrow for three years on behalf of those Directors by the EBT.
This announcement is provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and connected persons
1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
a) | Name | Andy Hornby | ||||||
2. | Reason for the Notification | |||||||
a) | Position / status | Chief Executive Officer | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3. | Details of the Issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | The Restaurant Group plc | ||||||
b) | Legal Entity Identifier | 213800V4LJ2FXMQKKA46 | ||||||
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 | 28.125p Ordinary Shares | ||||||
Identification code | ISIN Code: GB00B0YG1K06 | |||||||
b) | Nature of the transaction | Purchase of Ordinary Shares by EBT under deferred bonus scheme | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
73,911 £0.44 per share Total: £32,520.84 | ||||||
e) | Date of the transaction | 4 May 2023 | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
1. | Details of PDMR / person closely associated with them ("PCA") |
| ||||||
a) | Name | Kirk Davis | ||||||
2. | Reason for the Notification |
| ||||||
a) | Position / status | Chief Financial Officer | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3. | Details of the Issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| ||||||
a) | Name | The Restaurant Group plc | ||||||
b) | Legal Entity Identifier | 213800V4LJ2FXMQKKA46 | ||||||
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 | 28.125p Ordinary Shares | ||||||
Identification code | ISIN Code: GB00B0YG1K06 | |||||||
b) | Nature of the transaction | Purchase of Ordinary Shares by EBT under deferred bonus scheme | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
39,556 £0.44 per share Total: £17,404.64 | ||||||
e) | Date of the transaction | 4 May 2023 | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
Enquiries:
Andrew Eames 020 3117 5001
Company Secretary
MHP Communications 020 3128 8147
Oliver Hughes / Simon Hockridge TRG@mhpc.com