Restaurant Group PLC Director/PDMR Shareholding (8455K)
January 07 2021 - 1:00AM
UK Regulatory
TIDMRTN
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
8 December Chief Executive
Andy Hornby 2020 Officer 3 4,722
--------------- ----------------- ----------
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 PDMR (Chief Executive Officer)
/ status
------------------------- -----------------------------------------------
b) Initial notification Initial Notification
/ amendment
------------------------- -----------------------------------------------
3. Details of the Issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
--------------------------------------------------------------------------
a) Name The Restaurant Group plc
------------------------- -----------------------------------------------
b) Legal Entity 213800V4LJ2FXMQKKA46
Identifier
------------------------- -----------------------------------------------
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 28.125p Ordinary Shares
of the financial
instrument
------------------------- -----------------------------------------------
Identification GB00B0YG1K06
code
------------------------- -----------------------------------------------
b) Nature of Grant of options to acquire The Restaurant
the transaction Group plc Ordinary Shares under the Company's
SAYE Scheme
------------------------- -----------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) Nil 34,722
----------
------------------------- -----------------------------------------------
d) Aggregated N/A (single transaction)
information
* Aggregated volume
* Price
------------------------- -----------------------------------------------
e) Date of the 2020-12-08
transaction
------------------------- -----------------------------------------------
f) Place of London Stock Exchange
the transaction
------------------------- -----------------------------------------------
Enquiries to:
MHP Communications 020 3128 8147
Oliver Hughes / Simon Hockridge TRG@mhpc.com
/ Alistair de Kare-Silver
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END
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