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Director/PDMR Shareholding

20 Mar 2017 10:54

RNS Number : 9413Z
Restaurant Group PLC
20 March 2017
 

The Restaurant Group plc ('the Company')

 

Notification of transactions by directors, persons discharging managerial responsibilities ('PDMRs') and connected persons

 

On 17 March 2017 the Company made the following conditional awards of nil cost options ('Awards') under The Restaurant Group plc Long Term Incentive Plan ('LTIP'):

 

Name

Job title

Conditional option award

(number)

Andy McCue

Chief Executive Officer

236,424

Barry Nightingale

Chief Financial Officer

116,507

 

The Awards will, subject to performance conditions, vest three years from the date of grant. A two year, post-vesting holding period applies. The Company's employee benefit trust will hold the shares necessary to fulfil any obligation arising from the vesting of the Awards.

This notification is to satisfy the Company's obligations under 3.1.4(R)(1)(a) of the Disclosure and Transparency Rules.

 

 

 

Enquiries:

The Restaurant Group plc

Erika Percival

Group Company Secretary

Tel: 020 3117 5001

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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