Less Ads, More Data, More Tools Register for FREE

Director/PDMR Shareholding

17 Oct 2016 07:00

RNS Number : 6261M
Restaurant Group PLC
17 October 2016
 

The Restaurant Group plc

('the Company')

 

17 October 2016

 

Long Term Incentive Plan

 

 

Further to Andrew McCue's appointment to the Board as Chief Executive Officer on 19 September 2016, the Company announces that on 14 October 2016, Mr McCue was granted a conditional award of nil cost options ('Award') under The Restaurant Group plc Long Term Incentive Plan ('LTIP') of 282,675 shares.

 

 

The Award will, subject to performance conditions, vest three years from the date of grant. A two year, post-vesting holding period applies. Details of the performance conditions will shortly be available on the Company's website (www.trgplc.com/investors). The Company's employee benefit trust will hold the shares necessary to fulfil any obligation arising from the vesting of the Award.

 

 

Enquiries:

 

 

Alex Small 020 3117 5001

Company Secretary

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

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS