REG - Restaurant Group PLC - Director/PDMR Shareholding

RestaurantAnnouncement

07/01/2021 07:01

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RNS Number : 8455K  Restaurant Group PLC  07 January 2021

Director/PDMR Shareholding

Restaurant Group PLC

7 January 2021

 

The Restaurant Group plc (the "Company")

Grant of SAYE Options and PDMR Transactions

The Company announces that as part of its all employee Save As You Earn share
scheme (the "SAYE Scheme") the following options over ordinary shares of
28.125 pence each in the Company were granted to certain persons discharging
managerial responsibilities ('PDMRs') at an option price of 51.84 pence per
share ('Award'):

 Name of PDMR  Date of Award    Role                     Number of options
 Andy Hornby   8 December 2020  Chief Executive Officer  34,722

 

The Award will normally vest on 1 December 2023 and will then normally be
exercisable for six months.

 

Eligible employees were invited to subscribe for options over ordinary shares
with an option price of 51.84 pence per share, representing a 20% discount to
the share price which was calculated based on the middle market quotation for
the dealing day immediately preceding 12 November 2020, being the invitation
date. Pursuant to this, a total of 6,493,189 options over ordinary shares were
granted to employees. In order to be able to participate in the SAYE Scheme in
2020, Andy Hornby's interest in the 2019 SAYE Scheme was lapsed.

 

The following notifications, made in accordance with the requirements of the
EU Market Abuse Regulation, give further detail of the number of options
granted on 8 December 2020 under the SAYE Scheme.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities ('PDMRs') and connected persons

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Andrew Hornby
 2.  Reason for the Notification
 a)  Position / status                        PDMR (Chief Executive Officer)
 b)  Initial notification / amendment         Initial Notification
 3.  Details of the Issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     The Restaurant Group plc
 b)  Legal Entity Identifier                  213800V4LJ2FXMQKKA46
 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  28.125p Ordinary Shares
     Identification code                      GB00B0YG1K06
 b)  Nature of the transaction                Grant of options to acquire The Restaurant Group plc Ordinary Shares under the
                                              Company's SAYE Scheme
 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              Nil       34,722

 
 d)  Aggregated information                   N/A (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                  2020-12-08
 f)  Place of the transaction                 London Stock Exchange

 

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

 

e)

Date of the transaction

2020-12-08

f)

Place of the transaction

London Stock Exchange

 

 

 Enquiries to:
 MHP Communications                                         020 3128 8147
 Oliver Hughes / Simon Hockridge / Alistair de Kare-Silver  TRG@mhpc.com (mailto:TRG@mhpc.com)

 

 

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