REG - Rank Group PLC - Director/PDMR Shareholding

RankAnnouncement

24/11/2021 16:30

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RNS Number : 5031T  Rank Group PLC  24 November 2021

24 November 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.

The first of three equal tranches of the block award granted to Bill Floydd
and Luisa Wright on 22 November 2018 under The Rank Group Plc Long Term
Incentive Plan 2010 ("Plan"), based on performance over a four-year period
ending on 30 June 2021, vested on 22 November 2021.

The following table sets out the number of shares that vested on 22 November
2021 and the sale of sufficient shares to discharge the tax liability arising
on the vested shares in accordance with instructions which took place on 23
November 2021:

 Name and Title                                    Total no. of Ordinary Shares vesting  No. of Ordinary Shares sold to cover tax liabilities  Sale price per Ordinary Share  Shares retained as a result of the vesting
 Bill Floydd                                                                                                                                   £1.52

 Chief Financial Officer                           15,671                                7,389                                                                                8,282
 Luisa Wright                                                                                                                                  £1.52

 Group General Counsel  & Company Secretary        7,478                                 3,526                                                                                3,952

Vested shares must be retained (after any sales to discharge tax liabilities)
for a two-year holding period, subject to and in accordance with the rules of
the Plan.

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                                                         Bill Floydd
 2   Reason for Notification
 a)  Position/status                                              Chief Financial Officer
 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)
                                                                  1.  Nil       Shares vesting: 15,671
                                                                  2.  £1.52     Shares sold: 7,389

 
 d)  Aggregated information                                       Not applicable

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                      1.            22 November 2021

                                                                  2.            23 November 2021

 f)  Place of the transaction                                     1.            Outside a trading venue

                                                                  2.            London Stock Exchange, XLON

 

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable

e)

Date of the transaction

1.            22 November 2021

2.            23 November 2021

 

f)

Place of the transaction

1.            Outside a trading venue

2.            London Stock Exchange, XLON

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Luisa Wright
 2   Reason for Notification
 a)  Position/status                                              Group General Counsel & Company Secretary
 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)
                                                                  1.  Nil       Shares vesting: 7,478
                                                                  2.  £1.52     Shares sold: 3,526

 
 d)  Aggregated information                                       Not applicable

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                      1.            22 November 2021

                                                                  2.            23 November 2021

 f)  Place of the transaction                                     1.            Outside a trading venue

                                                                  2.            London Stock Exchange, XLON

 

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable

e)

Date of the transaction

1.            22 November 2021

2.            23 November 2021

 

f)

Place of the transaction

1.            Outside a trading venue

2.            London Stock Exchange, XLON

 

 

Enquiries:                 Luisa Wright, Company
Secretary                     Tel:  01628 504000

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