Rank Group PLC Director/PDMR Shareholding (3494I)
November 23 2018 - 6:00AM
UK Regulatory
TIDMRNK
RNS Number : 3494I
Rank Group PLC
23 November 2018
23 November 2018
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.
On 22 November 2018 the following awards over ordinary shares of
13 (8) /(9) pence in The Rank Group Plc (the "Company") were
granted under The Rank Group 2010 Long-Term Incentive Plan to the
following person(s) discharging managerial responsibilities:
PDMR No. of shares under Award
Bill Floydd 770, 713
--------------------------
Luisa Wright 367,776
--------------------------
The awards will ordinarily vest in three tranches, each
representing a distinct one-third of the number of vested shares
under the award, on 22 November 2021, 1 October 2022 and 1 October
2023. In each case, vesting shall be subject to the grantee's
continued service and to the extent to which the performance
conditions set for the award are satisfied. The performance
conditions measure a blend of financial targets (as to 70% of each
award) and strategic targets (as to the remaining 30% of each
award).
Details of the full notifications received by the Company are
set out below.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Bill Floydd
------------------------------- ------------------------------------------
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 Ordinary Shares of 13 (8) /(9) pence
instrument, type of each in Rank Group Plc
instrument
Identification code GB00B1L5QH97
------------------------------- ------------------------------------------
b) Nature of the transaction Grant of a conditional award under
The Rank Group 2010 Long-Term Incentive
Plan. The award will ordinarily vest
in three equal tranches on 22 November
2021, 1 October 2022 and 1 October
2023, subject to the grantee's continued
service and to the extent to which
the performance conditions are met.
------------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 770, 713
----------
------------------------------- ------------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
------------------------------- ------------------------------------------
e) Date of the transaction 22 November 2018
------------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Luisa Wright
------------------------------- ------------------------------------------
2 Reason for Notification
---------------------------------------------------------------------------
a) Position/status Group General Counsel & Company Secretary
------------------------------- ------------------------------------------
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 Ordinary Shares of 13 (8) /(9) pence
instrument, type of each in Rank Group Plc
instrument
Identification code GB00B1L5QH97
------------------------------- ------------------------------------------
b) Nature of the transaction Grant of a conditional award under
The Rank Group 2010 Long-Term Incentive
Plan. The award will ordinarily vest
in three equal tranches on 22 November
2021, 1 October 2022 and 1 October
2023, subject to the grantee's continued
service and to the extent to which
the performance conditions are met.
------------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 367,776
----------
------------------------------- ------------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
------------------------------- ------------------------------------------
e) Date of the transaction 22 November 2018
------------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ------------------------------------------
Enquiries: Luisa Wright, Company Secretary Tel: 01628 504000
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHBJBMTMBJTBJP
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