REG - Rank Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">RNK.L</Origin>
RNS Number : 6711DRank Group PLC01 February 2018The Rank Group Plc
LEI: 213800TXKD6XZWOFTE12
1 February 2018
Director/PDMR Shareholding
The Rank Group Plc ("Rank") announces that it has been notified of the following transactions in the Company's ordinary 13 8/9p shares undertaken by directors / persons discharging managerial responsibility ("PDMRs"):
Name
Position
of shares purchased
of shares sold
Total holding post-notification
Henry Benedict Birch
Chief Executive
127,837
0
227,837
Michael Ian Burke
Non-executive Chairman
0
184,000
579,556
Clive Adrian Roynon Jennings
Finance Director
56,571
0
119,071
LR 6.14.3 provides that certain holdings of shares in premium listed companies are not regarded as being in public hands (the 'free float'). Shares held by directors and their connected persons are included within the categories of shareholdings not regarded as being in public hands. Rank's free float position as at 31 December 2017 was 25.05%. So as to allow executive directors to purchase more shares in Rank, the non-executive chairman, Ian Burke, has sold sufficient shares to enable the executive directors' share purchases to take place without reducing Rank's free float position.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Michael Ian Burke
2
Reason for the notification
a)
Position/status
PDMR (Chairman)
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
The Rank Group Plc
b)
LEI
213800TXKD6XZWOFTE12
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 138/9p shares
GB00B1L5QH97
b)
Nature of the transaction
Share sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.2650
184,000
d)
Aggregated information
-
Aggregated volume
-
Price
e)
Date of the transaction
1 February 2018
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Henry Benedict Birch
2
Reason for the notification
a)
Position/status
PDMR (Chief Executive)
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
The Rank Group Plc
b)
LEI
213800TXKD6XZWOFTE12
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 138/9p shares
GB00B1L5QH97
b)
Nature of the transaction
Share purchase
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.2650
127,837
d)
Aggregated information
-
Aggregated volume
-
Price
e)
Date of the transaction
1 February 2018
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Clive Adrian Roynon Jennings
2
Reason for the notification
a)
Position/status
PDMR (Finance Director)
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
The Rank Group Plc
b)
LEI
213800TXKD6XZWOFTE12
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 138/9p shares
GB00B1L5QH97
b)
Nature of the transaction
Share purchase
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.2650
56,571
d)
Aggregated information
-
Aggregated volume
-
Price
e)
Date of the transaction
1 February 2018
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
ENQUIRIES
Frances Bingham, Company Secretary 01628 504 192
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHTBMITMBMMBFP
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