REG - Cineworld Group plc - Director/PDMR Shareholding
RNS Number : 8883RCineworld Group plc02 July 2020CINEWORLD GROUP PLC (the "Company")
The Company has received notifications pursuant to the requirements of Article 19(1) of the Market Abuse Regulation (2014/596/EU) ("MAR") in respect of the following events:
On 1 July 2020, nil-cost options to acquire ordinary shares in the Company ("Shares") were exercised under the terms of the Cineworld Group 2007 Performance Share Plan (the "PSP") by Moshe Greidinger, Israel Greidinger, Nisan Cohen, Renana Teperberg and Matthew Eyre, each of whom is a "person discharging managerial responsibilities" ("PDMR") as such term is defined in MAR. The options had been granted in 2017.
The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the exercise of options listed above, are set out below.
A portion of the Shares issued to Matthew Eyre were sold as set out in the form below to meet taxation liabilities and statutory deductions. The remaining Shares were issued directly to the award-holders.
This announcement is made pursuant to the Company's obligations under Article 19(3) of MAR.
Fiona Smith
Company Secretary
LEI: 213800J2J3TOOI176M73
OAM: 3.1 (Additional regulated information required to be disclosed under the Laws of a Member State)
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Moshe Greidinger
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cineworld Group plc
b)
LEI
213800J2J3TOOI176M73
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 shares of £0.01 each in Cineworld Group plc
GB00B15FWH70
b)
Nature of the transaction
Exercise of awards under the Cineworld Group 2007 Performance Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
298,005
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as noted in 4 (c) above
e)
Date of the transaction
1 July 2020
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Israel Greidinger
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cineworld Group plc
b)
LEI
213800J2J3TOOI176M73
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 shares of £0.01 each in Cineworld Group plc
GB00B15FWH70
b)
Nature of the transaction
Exercise of awards under the Cineworld Group 2007 Performance Share
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
203,184
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as noted in 4 (c) above
e)
Date of the transaction
1 July 2020
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nisan Cohen
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cineworld Group plc
b)
LEI
213800J2J3TOOI176M73
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 shares of £0.01 each in Cineworld Group plc
GB00B15FWH70
b)
Nature of the transaction
Exercise of awards under the Cineworld Group 2007 Performance Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
61,319
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as noted in 4 (c) above
e)
Date of the transaction
1 July 2020
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Renana Teperberg
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cineworld Group plc
b)
LEI
213800J2J3TOOI176M73
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
4A
Exercise of Awards
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of £0.01 each in Cineworld Group plc
GB00B15FWH70
b)
Nature of the transaction
Exercise of awards under the Cineworld Group 2007 Performance Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
61,319
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as noted in 4 (c) above
e)
Date of the transaction
1 July 2020
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Matthew Eyre
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Cineworld Group plc
b)
LEI
213800J2J3TOOI176M73
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
4A
Exercise of Awards
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of £0.01 each in Cineworld Group plc
GB00B15FWH70
b)
Nature of the transaction
Exercise of awards under the Cineworld Group 2007 Performance Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
46,518
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as noted in 4A c) above
e)
Date of the transaction
1 July 2020
f)
Place of the transaction
Outside a trading venue
4B
Sale of Shares
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of £0.01 each in Cineworld Group plc
GB00B15FWH70
b)
Nature of the transaction
Sale of certain shares allotted on exercise of awards under the Cineworld Group 2007 Performance Share Plan to meet statutory deductions and tax liabilities relating to the exercise
c)
Price(s) and volume(s)
Price(s)
Volume(s)
61.395 pence
17,225
d)
Aggregated information
- Aggregated volume
- Price
Single transaction as noted in 4B c) above
e)
Date of the transaction
1 July 2020
f)
Place of the transaction
London Stock Exchange (XLON)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHLLLFBBDLBBBZ
Recent news on Cineworld
See all newsREG - Stock Exch Notice Cineworld Group plc - Cancellation - Cineworld Group PLC
AnnouncementREG - Cineworld Group plc - Entry of Cineworld Group plc into Administration
AnnouncementREG - Official List Cineworld Group plc - Suspension - Cineworld Group PLC
AnnouncementREG - Cineworld Group plc - Suspension of Cineworld’s Listing
AnnouncementREG - Cineworld Group plc - Confirmation of Plan of Reorganisation
Announcement