REG - Restaurant Group PLC - Director/PDMR Shareholding

RestaurantAnnouncement

23/10/2019 17:00

RNS Number : 9242Q
Restaurant Group PLC
23 October 2019
 


23 October 2019
 
 
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 ("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'):
 



Name of PDMR


Date of Award


Role


Number of options




Andy Hornby


20 October 2019


Chief Executive Officer


15,968




Kirk Davis


20 October 2019


Chief Financial Officer


15,968



 
The Award will normally vest on 1 December 2022 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 112.72 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 23rd September 2019, being the invitation date. Pursuant to this, a total of 2,735,464 options over Ordinary Shares were granted to employees.
 
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 20th October 2019 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


15,968



 




d)


Aggregated information
- Aggregated volume
- Price


 
N/A
 




e)


Date of the transaction


2019-10-20




f)


Place of the transaction


London Stock Exchange



 
 
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


Kirk Davis




2.


Reason for the Notification




a)


Position / status


PDMR (Chief Financial 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


15,968



 




d)


Aggregated information
- Aggregated volume
- Price


 
N/A
 




e)


Date of the transaction


2019-10-20




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



 
 




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