REG - Cineworld Group plc - Long Term Incentive Plan Awards

CineworldAnnouncement

09/02/2021 14:50

RNS Number : 5112O
  
Cineworld Group plc
  
09 February 2021
  
 

CINEWORLD GROUP PLC (the "Company")
Long Term Incentive Plan Awards
The Company announces that, on 8 February 2021, awards ("Awards") over ordinary shares in the Company were made under the Cineworld Group plc Long-Term Incentive Plan 2021 (the "2021 LTIP").  
The grant included Awards to the following individuals, each of whom is a "person discharging managerial responsibilities" as such term is defined in the Market Abuse Regulation (2014/596/EU) ("MAR"):




PDMR


Number of options under the Award granted pursuant to the 2021 LTIP




Moshe Greidinger (Director)


17,163,000




Israel Greidinger (Director)


17,163,000




Nisan Cohen (Director)


5,492,000




Renana Teperberg (Director)


5,492,000




The notifications received pursuant to the requirements of Article 19(1) of MAR are set out below. 
Vesting of the Awards is subject to the terms of the 2021 LTIP, summarised in the circular to shareholders dated 7 January 2021.
This announcement is made pursuant to the Company's obligations under Article 19(3) of MAR.
 
Fiona Smith
Company Secretary
LEI: 213800J2J3TOOI176M73
 
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 


 
Options over ordinary shares of £0.01 each in Cineworld Group plc
 
GB00B15FWH70
 




b)


Nature of the transaction 


Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.




c) 


Price(s) and volume(s) 






Price(s)
 


Volume(s)




Nil
 


17,163,000




 
 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
Single transaction as noted in 4 c) above
 




e)


Date of the transaction 


8 February 2021




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 


 
Options over ordinary shares of £0.01 each in Cineworld Group plc
 
GB00B15FWH70
 




b)


Nature of the transaction 


Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.




c) 


Price(s) and volume(s) 






Price(s)
 


Volume(s)




Nil
 


17,163,000




 
 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
Single transaction as noted in 4 c) above
 




e)


Date of the transaction 


8 February 2021




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 


 
Options over ordinary shares of £0.01 each in Cineworld Group plc
 
GB00B15FWH70
 




b)


Nature of the transaction 


Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.




c) 


Price(s) and volume(s) 






Price(s)
 


Volume(s)




Nil
 


5,492,000




 
 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
Single transaction as noted in 4 c) above
 




e)


Date of the transaction 


8 February 2021




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 




a) 


Description of the financial instrument, type of instrument 
 


Identification code 


 
Options over ordinary shares of £0.01 each in Cineworld Group plc
 
GB00B15FWH70
 




b)


Nature of the transaction 


Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.




c) 


Price(s) and volume(s) 






Price(s)
 


Volume(s)




Nil
 


5,492,000




 
 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
Single transaction as noted in 4 c) above
 




e)


Date of the transaction 


8 February 2021




f) 


Place of the transaction 


Outside a trading venue




 

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