Long Term Incentive Plan Awards

RNS Number : 5112O

Cineworld Group plc

09 February 2021

 

CINEWORLD GROUP PLC (the "Company")

Long Term Incentive Plan Awards

The Company announces that, on 8 February 2021, awards ("Awards") over ordinary shares in the Company were made under the Cineworld Group plc Long-Term Incentive Plan 2021 (the "2021 LTIP"). 

The grant included Awards to the following individuals, each of whom is a "person discharging managerial responsibilities" as such term is defined in the Market Abuse Regulation (2014/596/EU) ("MAR"):

PDMR	Number of options under the Award granted pursuant to the 2021 LTIP
Moshe Greidinger (Director)	17,163,000
Israel Greidinger (Director)	17,163,000
Nisan Cohen (Director)	5,492,000
Renana Teperberg (Director)	5,492,000

The notifications received pursuant to the requirements of Article 19(1) of MAR are set out below.

Vesting of the Awards is subject to the terms of the 2021 LTIP, summarised in the circular to shareholders dated 7 January 2021.

This announcement is made pursuant to the Company's obligations under Article 19(3) of MAR.

Fiona Smith

Company Secretary

LEI: 213800J2J3TOOI176M73

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Moshe Greidinger
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cineworld Group plc
b)	LEI	213800J2J3TOOI176M73
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, type of instrument Identification code	Options over ordinary shares of £0.01 each in Cineworld Group plc GB00B15FWH70
b)	Nature of the transaction	Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 17,163,000
d)	Aggregated information - Aggregated volume - Price	Single transaction as noted in 4 c) above
e)	Date of the transaction	8 February 2021
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Israel Greidinger
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cineworld Group plc
b)	LEI	213800J2J3TOOI176M73
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, type of instrument Identification code	Options over ordinary shares of £0.01 each in Cineworld Group plc GB00B15FWH70
b)	Nature of the transaction	Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 17,163,000
d)	Aggregated information - Aggregated volume - Price	Single transaction as noted in 4 c) above
e)	Date of the transaction	8 February 2021
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nisan Cohen
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cineworld Group plc
b)	LEI	213800J2J3TOOI176M73
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, type of instrument Identification code	Options over ordinary shares of £0.01 each in Cineworld Group plc GB00B15FWH70
b)	Nature of the transaction	Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,492,000
d)	Aggregated information - Aggregated volume - Price	Single transaction as noted in 4 c) above
e)	Date of the transaction	8 February 2021
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Renana Teperberg
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cineworld Group plc
b)	LEI	213800J2J3TOOI176M73
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, type of instrument Identification code	Options over ordinary shares of £0.01 each in Cineworld Group plc GB00B15FWH70
b)	Nature of the transaction	Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,492,000
d)	Aggregated information - Aggregated volume - Price	Single transaction as noted in 4 c) above
e)	Date of the transaction	8 February 2021
f)	Place of the transaction	Outside a trading venue

 

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