Director/PDMR Shareholding

RNS Number : 0096Q

Rank Group PLC

25 October 2021

 

25 October 2021

The Rank Group Plc

LEI: 213800TXKD6XZWOFTE12

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the Market Abuse Regulations.

On 22 October 2021 the following award over ordinary shares of 13 ⁸/₉ pence in the Company was granted under The Rank Group 2021 Recovery Incentive Scheme to the following person discharging managerial responsibilities: 

PDMR	No. of shares under Award
John O'Reilly, Chief Executive	305,772

Subject to meeting financial targets for net gaming revenue and profits after tax for the 2021/22 financial year, 50% of the award will vest one year after grant and 50% of the award will vest two years after grant, in each case subject to continued employment (without notice). Malus and clawback provisions apply.

The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John O'Reilly
2	Reason for Notification
a)	Position/status	Chief Executive
b)	Initial notification/Amendment	Initial Announcement
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	Ordinary Shares of 13 8/9 pence each in Rank Group Plc
	Identification code	GB00B1L5QH97
b)	Nature of the transaction	Grant of awards over Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 305,772
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	22 October 2021
f)	Place of the transaction	Outside a trading venue

Enquiries: Luisa Wright, Company Secretary  Tel: [phone]

 

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