Director/PDMR Shareholding

RNS Number : 0221H

Restaurant Group PLC

01 April 2022

 

The Restaurant Group plc  (the 'Company')
PDMR notification - 2021 bonus shares

1 April 2022

The Restaurant Group plc announces that it has been notified of the following dealings in the Company's ordinary shares of 28.125p ('Ordinary Shares') undertaken on behalf of Directors/Persons Discharging Managerial Responsibility ('PDMR') under the Company's deferred bonus scheme (the 'Scheme'):

PDMR/PCA	Shares Purchased	Date
Andy Hornby (Chief Executive Officer)	247,585	31 March 2022
Kirk Davis (Chief Financial Officer)	116,502	31 March 2022

Under the Scheme and the terms of the Company's Remuneration Policy, half of any annual bonus payable to Executive Directors each year, net of tax and national insurance, is required to be deferred into Ordinary Shares, to be held in escrow for three years on behalf of those Directors by The Restaurant Group Employee Benefit Trust ('EBT').

This announcement is provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.  

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and connected persons

	1.	Details of PDMR / person closely associated with them ("PCA")
	a)	Name	Andy Hornby
	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	The Restaurant Group plc
	b)	Legal Entity Identifier	213800V4LJ2FXMQKKA46
	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	28.125p Ordinary Shares
		Identification code	ISIN Code: GB00B0YG1K06
	b)	Nature of the transaction	Purchase of Ordinary Shares by EBT under deferred bonus scheme
	c)	Price(s) and volume(s)	Price(s) Volume(s) £0.613624 247,585
	d)	Aggregated information -   Aggregated volume -  Price	247,585 £0.613624 per share Total: 151,924.10
	e)	Date of the transaction	31 March 2022
	f)	Place of the transaction	London Stock Exchange

	1.	Details of PDMR / person closely associated with them ("PCA")
	a)	Name	Kirk Davis
	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	The Restaurant Group plc
	b)	Legal Entity Identifier	213800V4LJ2FXMQKKA46
	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	28.125p Ordinary Shares
		Identification code	ISIN Code: GB00B0YG1K06
	b)	Nature of the transaction	Purchase of Ordinary Shares by EBT under deferred bonus scheme
	c)	Price(s) and volume(s)	Price(s) Volume(s) £0.613624 116,502
	d)	Aggregated information -   Aggregated volume -  Price	116,502 £0.613624 per share Total: 71,488.42
	e)	Date of the transaction	31 March 2022
	f)	Place of the transaction	London Stock Exchange

Enquiries:

Jean-Paul Rabin  020 3117 5001

Company Secretary

MHP Communications                                                                                          020 3128 8147

Oliver Hughes / Simon Hockridge  [e-mail]

 

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