Director/PDMR Shareholding

RNS Number : 6971J

Domino's Pizza Group PLC

16 June 2014

 



Domino's Pizza Group plc

Notification of transactions by PDMR

16^th June 2014

For Immediate Release

This notification is being made in accordance with DTR 3.1.4(a).

Performance share awards

On 9 June 2014, performance share awards ("Awards") over ordinary shares of 1.5625 pence each in Domino's Pizza Group plc (the "Company") were made to certain persons discharging managerial responsibilities ("PDMRs") as follows:

Name of Director / PDMR			No. of Shares under Award		Type of Award
Michael Botha			33,945		Part A LTIP Award
Colin Rees			36,697		Part A LTIP Award
Brian Trier			31,596		Part A LTIP Award
Simon Wallis			36,697		Part A LTIP Award

The Part A LTIP Awards were each granted under and subject to the terms of Part A of the Domino's Pizza Group plc Long Term Incentive Plan 2012 (the "LTIP").

The Awards were structured as nil cost options and will normally become exercisable as from the third anniversary of grant, subject to continued employment and to the extent total shareholder return and earnings per share targets are achieved over a three year performance period.

Once vested, the Awards shall ordinarily remain exercisable until the tenth anniversary of the grant of the Awards.

No consideration was paid for the grant of the Awards and no consideration is due on the maturity of the Awards. 

The Company was informed of the above transactions on 13 June 2014.

Option awards

On 9 June 2014, share option awards ("Options") over ordinary shares of 1.5625 pence each in Domino's Pizza Group plc (the "Company") were made to certain PDMRs as follows:

Name of PDMR	No. of Shares under Option	Option Price		Normal Vesting Date
Michael Botha	78,975	£5.255		25.02.2016
Colin Rees	78,975	£5.255		25.02.2016
Brian Trier	61,070	£5.405		26.09.2015
Simon Wallis	78,975	£5.255		25.02.2016

The Options were each granted under a one-off arrangement to make good certain contractual promises and delayed grants.

The Options will normally become exercisable as from the relevant normal vesting date noted above, subject to continued employment and to the extent earnings per share targets are achieved over applicable three year performance periods.

Once vested, the Options shall ordinarily remain exercisable until no later than 25 February 2023.

No consideration was paid for the grant of the Option, the relevant Option Price noted in the table above is payable in connection with the exercise of the Options.

The Company was informed of the above transactions on 13 June 2014.

Sharesave scheme awards

On 13 June 2014 the Company was notified that SAYE 2014 options grant contracts commenced  on 1 June 2014 for eligible employees of Domino's Pizza UK & Ireland Limited, the Company's main operating subsidiaries in the UK and Ireland, with an option price of £4.34 relating to savings made over a three year period. This includes the following PDMR:

Name	Number of shares under option
Simon Wallis	4147

Enquiries:

Mark Millar - General Counsel and Company Secretary

Tel:        [phone]

 

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