Director/PDMR Shareholding

RNS Number : 0538Z

Hollywood Bowl Group plc

07 January 2020

 

Hollywood Bowl Group plc

Directors' Shareholding

Hollywood Bowl Group plc (LSE: BOWL the "Company") announces that on 7^th January 2020 the following ordinary shares (the "Deferred Shares") in the Company were acquired by the Company's Employee Benefit Trust (the "EBT") on behalf of the Executive Directors:

Director	Position	Number of Deferred Shares acquired
Stephen Burns	Chief Executive Officer	18,312
Laurence Keen	Chief Financial Officer	11,872

Stephen Burns and Laurence Keen were required to defer 35% of their post-tax annual bonus for the financial year ending 30 September 2019 into ordinary shares for a period of two years; this acquisition on their behalf by the EBT puts the required deferral into effect. Legal title to the Deferred Shares will be held by the EBT for a period of two years before being transferred to the Executive Directors. 35% of the post-tax value of each Executive Directors' annual bonus was provided to the EBT in order to effect the acquisition.

Set out below are the notifications, made in accordance with the requirements of the EU Market Abuse Regulation, in relation to the Deferred Shares.

For further information please contact:

Hollywood Bowl Group Steve Burns, Chief Executive Officer Laurence Keen, Chief Financial Officer Mat Hart, Chief Marketing and Technology Officer	via Tulchan Communications
Tulchan Communications James Macey White Elizabeth Snow Amber Ahluwalia Laura Marshall	[phone]

1.	Details of PDMR / person closely associated with them ('CAP')
a)	Name	Stephen Burns
2.	Reason for the notification
a)	Position / status	Chief Executive Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hollywood Bowl Group plc
b)	LEI	213800XB8YZNGJYDEZ97
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 and identification code	Ordinary shares of £0.01 each ISIN: GB00BD0NVK62
b)	Nature of the transaction	Acquisition of Deferred Bonus Shares by Hollywood Bowl EBT Limited to be held on behalf of Stephen Burns.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.87 18,312
d)	Aggregated information Aggregated volume Price	Volume: 18,312 Price: £2.87
e)	Date of the transaction	7 January 2020
f)	Place of the transaction	London Stock Exchange - XLON

1.	Details of PDMR / person closely associated with them ('CAP')
a)	Name	Laurence Keen
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hollywood Bowl Group plc
b)	LEI	213800XB8YZNGJYDEZ97
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 and identification code	Ordinary shares of £0.01 each ISIN: GB00BD0NVK62
b)	Nature of the transaction	Acquisition of Deferred Bonus Shares under the Company's annual bonus plan by Hollywood Bowl EBT Limited to be held on behalf of Laurence Keen.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.87 11,872
d)	Aggregated information Aggregated volume Price	Volume: 11,872 Price: £2.87
e)	Date of the transaction	7 January 2020
f)	Place of the transaction	London Stock Exchange - XLON

 

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