REG - Rank Group PLC - Director/PDMR Shareholding

RankAnnouncement

20/03/2024 16:30

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RNS Number : 6646H  Rank Group PLC  20 March 2024

20 March 2024

 

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 second of two equal tranches of an award granted to Richard Harris on 6
May 2022 as part of the terms agreed under which he would take up his position
as the Group's Chief Financial Officer, granted outside The Rank Group Plc
Long Term Incentive Plan 2010 ("Plan"), but subject to the rules of the Plan,
vested on 16 March 2024.

The following tables set out the number of shares that vested on 16 March 2024
and the sale of sufficient shares to discharge the tax liability arising on
the vested shares in accordance with instructions which took place on 18 March
2024.

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                                                         Richard Harris
 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 ("Ordinary Shares")

     Identification code                                          GB00B1L5QH97
 b)  Nature of the transaction                                    Vesting of 93,318 Ordinary Shares granted outside the Plan but subject to the
                                                                  terms of the Plan.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       93,318
 d)  Aggregated information                                       Not applicable

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                      18 March 2024

 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable

e)

Date of the transaction

18 March 2024

 

 

f)

Place of the transaction

Outside a trading venue

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Richard Harris
 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 ("Ordinary Shares")

     Identification code                                          GB00B1L5QH97
 b)  Nature of the transaction                                    Sale of 43,859 Ordinary Shares acquired under the award to cover the income
                                                                  tax and NIC liability
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   £0.668    43,859
 d)  Aggregated information                                       Not applicable

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                      20 March 2024

 f)  Place of the transaction                                     London Stock Exchange, XLON

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable

e)

Date of the transaction

20 March 2024

 

 

f)

Place of the transaction

London Stock Exchange, XLON

 

 

Enquiries:                 Asha Magnus, Company
Secretary                     Tel:  01628 504000

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