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Restaurant Group PLC (RTN)

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Friday 02 August, 2019

Restaurant Group PLC

Director/PDMR Shareholding

RNS Number : 6381H
Restaurant Group PLC
02 August 2019
 

The Restaurant Group plc ('the Company')

LEI: 213800V4LJ2FXMQKKA46

 

Notification of transactions by directors, persons discharging managerial responsibilities ('PDMRs') and connected persons

 

On 1st August 2019, the Company made the following conditional awards of nil cost options ('Awards'). Part of the award was made under The Restaurant Group plc 2015 Long Term Incentive Plan ('LTIP') and part under a one-off buy-out award on equivalent terms:

 

Name

Job title

Conditional option

awards (number)

 

 

 

Andy Hornby

Chief Executive Officer

1,467,846

 

 

 

The Awards will, subject to performance conditions, vest three years from the date of grant. A two year, post-vesting holding period applies. The Company's employee benefit trust will hold the shares necessary to fulfil any obligation arising from the vesting of the Awards.

 

The Awards were made in accordance with the Company's remuneration policy.

 

 

Enquiries:

 

 

 

 

MHP Communications 

020 3128 8147

Oliver Hughes / Simon Hockridge / Alistair de Kare-Silver

[email protected]

 


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