REG - Rank Group PLC - Director/PDMR Shareholding

RankAnnouncement

25/10/2021 11:00

RNS Number : 0096Q
  
Rank Group PLC
  
25 October 2021
  
 

25 October 2021
 
The Rank Group Plc
LEI: 213800TXKD6XZWOFTE12
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the Market Abuse Regulations.
On 22 October 2021 the following award over ordinary shares of 13 8/9 pence in the Company was granted under The Rank Group 2021 Recovery Incentive Scheme to the following person discharging managerial responsibilities:  




PDMR


No. of shares under Award




John O'Reilly, Chief Executive


305,772




Subject to meeting financial targets for net gaming revenue and profits after tax for the 2021/22 financial year, 50% of the award will vest one year after grant and 50% of the award will vest two years after grant, in each case subject to continued employment (without notice). Malus and clawback provisions apply. 
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


John O'Reilly




2


Reason for Notification




a)


Position/status


Chief Executive




b)


Initial notification/Amendment


Initial Announcement




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


Ordinary Shares of 13 8/9 pence each in Rank Group Plc
 




Identification code


GB00B1L5QH97




b)


Nature of the transaction


Grant of awards over Ordinary Shares.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


305,772




 




d)


Aggregated information
-     Aggregated volume
-     Price


Not applicable




e)


 
Date of the transaction
 


 
22 October 2021




f)


Place of the transaction


Outside a trading venue




 
Enquiries:                 Luisa Wright, Company Secretary                     Tel:  01628 504000

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