Long Term Incentive Plan Awards

RNS Number : 8566U

McColl's Retail Group plc

12 April 2016

McColl's Retail Group plc (the "Company")

Notification of Transactions by Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs")

The Company announces that it was notified of the grant of the LTIP Awards on 11 April 2016 to Directors and PDMRs in accordance with the rules of the McColl's Retail Group Long Term Incentive Plan (the "LTIP").

Director and PDMR	Number of ordinary shares of £0.001 each ("Shares") over which LTIP Awards were granted.	Call Price per share
Jonathan Miller	259,036	£0.001
David Thomas	166,265	£0.001
Simon Fuller	159,638	£0.001

The awards are to be satisfied by newly issued shares. The performance measurement period is from 30 November 2015 to 25 November 2018 and the awards will vest subject to the rules of the LTIP and the Remuneration Committee's determination of the extent to which the performance conditions applicable to the award have been satisfied. Full details of these performance conditions are set out in the Company's Directors' Remuneration Report for the year ending 29 November 2015. Vested LTIP awards are exercisable until the tenth anniversary of the grant date, subject to the individual's ongoing employment. The awards made to the Company's executive directors are, however, subject to a further holding period of two years following vesting before they can be exercised.

This notification has been issued pursuant to the Company's notification obligations under Disclosure and Transparency Rule 3.1.4.

Enquiries

Please visit www.mccolls.co.uk or for further information, please contact: