CINEWORLD GROUP PLC (the "Company")
The Company has received notifications pursuant to the requirements of paragraph 3.1.2R of the Disclosure and Transparency Rules of the Financial Services Authority.
On 19 April 2012, the following options ("Options") over ordinary shares in the Company ("Shares") were granted pursuant to the Cineworld Group 2007 Sharesave Scheme ("the Scheme") to Directors of the Company:
Name of Director |
Number of Shares under the Options Granted pursuant to the Scheme |
Stephen Wiener (CEO) |
5,232 |
Philip Bowcock (CFO) |
5,232 |
The Options have an exercise price of £1.72 per share and, in accordance with the Rules of the Scheme, they will, in the normal course of events, be exercisable from 1 June 2015. No consideration was paid for the grant of the Options.
The Company was informed of the above transactions on 19 April 2012, such notifications 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. The above announcement is made pursuant to the Company's obligations under DTR 3.1.4.R of the Disclosure and Transparency Rules of the Financial Services Authority.
Richard Ray
Company Secretary
Tel: 020 8987 5000