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CINEWORLD GROUP PLC (the "Company")
Notification of Transactions of
Persons Discharging Managerial Responsibility
On 1 July 2010, the following approved options ("Options") over ordinary shares in the capital of the Company ("Shares") were granted by the Company under the Cineworld Group plc Company Share Option Plan to the directors of the Company. No consideration was paid for the grant of the Options.
Name of Director |
Number of Shares granted under the Option |
Option exercise price |
Date from which the Option is ordinarily exercisable |
Stephen Wiener (CEO) |
5,050 |
£1.98 |
1 July 2013 |
Richard Jones (CFO) |
5,050 |
£1.98 |
1 July 2013 |
The exercise of an Option is ordinarily subject to the continued employment of the participant and the satisfaction of performance conditions over a three year performance period set by the Remuneration Committee of the Company.
The Company was informed of the above transactions relating to the Options on 1 July 2010, such notification having been given by such directors in accordance with the requirements of paragraph DTR 3.1.2R of the Disclosure and Transparency Rules of the Financial Services Authority.
Richard Ray
Company Secretary
0208 987 5000
1 July 2010