Revolution Bars Group Director/PDMR Shareholding (6028W)
November 15 2017 - 7:47AM
UK Regulatory
TIDMRBG
RNS Number : 6028W
Revolution Bars Group
15 November 2017
Revolution Bars Group plc
("Revolution" or the "Company")
Grant of awards under the Revolution Bars Group Plc Performance
Share Plan (the "Plan) and under Revolution Bars Group Plc Share
Scheme (the "Scheme")
The Company announces that on 14 November 2017, it granted
options under the Plan with an exercise price of GBP0.001 per share
over, in aggregate, 370,000 ordinary shares of GBP0.001 each in the
Company ("Ordinary Shares") (the "PSP Options") to Mike Foster,
Kate Eastwood and Fiona Regan (the "Option Holders").
The Company also granted options to the Mike Foster over 18,518
Ordinary Shares under the terms of the Scheme (the "CSOP Options").
The CSOP Options were granted with an exercise price of GBP1.62 per
share.
The PSP Options and CSOP Options shall vest and become
exercisable on the date the Remuneration Committee determines that
the performance targets set out in the deed of grant (the
"Performance Conditions") have been met, and no later than 31 July
2020 (the "Vesting Date").
Subject to the Performance Conditions being met, the PSP Options
will be exercisable by the Option Holders within three years from
the Vesting Date; and the CSOP Options will be exercisable by the
Mike Foster within seven years from the Vesting Date.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of PDMR/person closely associated
with them ("PCA")
---- -------------------------------------------------------
(a) Name Mike Foster
---- --------------------- --------------------------------
2 Reason for the Notification
---- -------------------------------------------------------
(b) Position / Mike Foster - Chief Financial
status Officer
---- --------------------- --------------------------------
(c) Initial notification Initial notification
/ amendment
---- --------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------
a) Name Revolution Bars Group plc
---- --------------------- --------------------------------
b) LEI 213800QG159LSTF5IH69
---- --------------------- --------------------------------
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 Award of options over Ordinary
of the financial Shares of GBP0.001.
instrument
---- --------------------- --------------------------------
(b) Nature of the Award of performance share plan
transaction options made pursuant to the
Plan.
---- --------------------- --------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) ------------- ----------
PSP options
- GBP0.001 240,000
------------- ----------
---- --------------------- --------------------------------
(d) Aggregated Price Volume
information ---------- --------
Aggregated GBP0.001 240,000
volume Price ---------- --------
---- --------------------- --------------------------------
(e) Date of the 2017-11-14
transaction GMT
---- --------------------- --------------------------------
(f) Place of the Outside a trading venue.
transaction
---- --------------------- --------------------------------
1 Details of PDMR/person closely associated
with them ("PCA")
---- ------------------------------------------------------
(a) Name Mike Foster
---- --------------------- -------------------------------
2 Reason for the Notification
---- ------------------------------------------------------
(b) Position / Mike Foster - Chief Financial
status Officer
---- --------------------- -------------------------------
(c) Initial notification Initial notification
/ amendment
---- --------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ------------------------------------------------------
a) Name Revolution Bars Group plc
---- --------------------- -------------------------------
b) LEI 213800QG159LSTF5IH69
---- --------------------- -------------------------------
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 Award of options over Ordinary
of the financial Shares of GBP0.001.
instrument
---- --------------------- -------------------------------
(b) Nature of the Award of company share option
transaction plan options pursuant to the
Scheme.
---- --------------------- -------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) -------------- ----------
CSOP options
- GBP1.62 18,518
-------------- ----------
---- --------------------- -------------------------------
(d) Aggregated Price Volume
information --------- -------
Aggregated GBP1.62 18,518
volume Price --------- -------
---- --------------------- -------------------------------
(e) Date of the 2017-11-14
transaction GMT
---- --------------------- -------------------------------
(f) Place of the Outside a trading venue.
transaction
---- --------------------- -------------------------------
1 Details of PDMR/person closely associated
with them ("PCA")
---- --------------------------------------------------------------
(a) Name Kate Eastwood
---- --------------------- ---------------------------------------
2 Reason for the Notification
---- --------------------------------------------------------------
(b) Position / Kate Eastwood - Sales Director
status
---- --------------------- ---------------------------------------
(c) Initial notification Initial notification
/ amendment
---- --------------------- ---------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- --------------------------------------------------------------
a) Name Revolution Bars Group plc
---- --------------------- ---------------------------------------
b) LEI 213800QG159LSTF5IH69
---- --------------------- ---------------------------------------
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 Award of options over Ordinary
of the financial Shares of GBP0.001.
instrument
---- --------------------- ---------------------------------------
(b) Nature of the Award of performance share plan
transaction options made pursuant to the
Revolution Bars Group Plc Performance
Share Plan.
---- --------------------- ---------------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) ------------- ----------
PSP options
- GBP0.001 50,000
------------- ----------
---- --------------------- ---------------------------------------
(d) Aggregated Price Volume
information ---------- -------
Aggregated GBP0.001 50,000
volume Price ---------- -------
---- --------------------- ---------------------------------------
(e) Date of the 2017-11-14
transaction GMT
---- --------------------- ---------------------------------------
(f) Place of the Outside a trading venue.
transaction
---- --------------------- ---------------------------------------
1 Details of PDMR/person closely associated
with them ("PCA")
---- --------------------------------------------------------------
(a) Name Fiona Regan
---- --------------------- ---------------------------------------
2 Reason for the Notification
---- --------------------------------------------------------------
(b) Position / Fiona Regan - People Development
status Director
---- --------------------- ---------------------------------------
(c) Initial notification Initial notification
/ amendment
---- --------------------- ---------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- --------------------------------------------------------------
a) Name Revolution Bars Group plc
---- --------------------- ---------------------------------------
b) LEI 213800QG159LSTF5IH69
---- --------------------- ---------------------------------------
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 Award of options over Ordinary
of the financial Shares of GBP0.001.
instrument
---- --------------------- ---------------------------------------
(b) Nature of the Awards of performance share plan
transaction options made pursuant to the
Revolution Bars Group Plc Performance
Share Plan.
---- --------------------- ---------------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) ------------- ----------
PSP options
- GBP0.001 80,000
------------- ----------
---- --------------------- ---------------------------------------
(d) Aggregated Price Volume
information ---------- -------
Aggregated GBP0.001 80,000
volume Price ---------- -------
---- --------------------- ---------------------------------------
(e) Date of the
transaction 2017-11-14
GMT
---- --------------------- ---------------------------------------
(f) Place of the Outside a trading venue.
transaction
---- --------------------- ---------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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