Director/PDMR Shareholding

RNS Number : 6711D

Rank Group PLC

01 February 2018

 

The Rank Group Plc

LEI: 213800TXKD6XZWOFTE12

1 February 2018

Director/PDMR Shareholding

The Rank Group Plc ("Rank") announces that it has been notified of the following transactions in the Company's ordinary 13 ⁸/₉p shares undertaken by directors / persons discharging managerial responsibility ("PDMRs"):

Name	Position	№ of shares purchased	№ of shares sold	Total holding post-notification
Henry Benedict Birch	Chief Executive	127,837	0	227,837
Michael Ian Burke	Non-executive Chairman	0	184,000	579,556
Clive Adrian Roynon Jennings	Finance Director	56,571	0	119,071

LR 6.14.3 provides that certain holdings of shares in premium listed companies are not regarded as being in public hands (the 'free float').  Shares held by directors and their connected persons are included within the categories of shareholdings not regarded as being in public hands.  Rank's free float position as at 31 December 2017 was 25.05%.  So as to allow executive directors to purchase more shares in Rank, the non-executive chairman, Ian Burke, has sold sufficient shares to enable the executive directors' share purchases to take place without reducing Rank's free float position.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Ian Burke
2	Reason for the notification
a)	Position/status	PDMR (Chairman)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Rank Group Plc
b)	LEI	213800TXKD6XZWOFTE12
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	Ordinary 138/9p shares GB00B1L5QH97
b)	Nature of the transaction	Share sale
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.2650 184,000
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	1 February 2018
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Henry Benedict Birch
2	Reason for the notification
a)	Position/status	PDMR (Chief Executive)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Rank Group Plc
b)	LEI	213800TXKD6XZWOFTE12
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	Ordinary 138/9p shares GB00B1L5QH97
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.2650 127,837
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	1 February 2018
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Clive Adrian Roynon Jennings
2	Reason for the notification
a)	Position/status	PDMR (Finance Director)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Rank Group Plc
b)	LEI	213800TXKD6XZWOFTE12
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	Ordinary 138/9p shares GB00B1L5QH97
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.2650 56,571
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	1 February 2018
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

ENQUIRIES

Frances Bingham, Company Secretary         01628 504 192

 

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