Goals Soccer Centres PLC Director/PDMR Shareholding (4954T)

TIDMGOAL

RNS Number : 4954T

Goals Soccer Centres PLC

13 October 2017

13 October 2017

Goals Soccer Centres plc ("Goals" or the "Company")

13 October 2017

Goals Soccer Centres plc ("Goals" or the "Company")

Director / PDMR Shareholdings

Grant of LTIP Award to executive director

Goals announces that, on 12 October 2017, it granted an award over its ordinary shares of 0.25p each ("Shares") to the Executive Director detailed below under the terms of its 2016 Long-Term Incentive Plan (the "LTIP") that was originally approved by shareholders at the Annual General Meeting of the Company held on 5 May 2016:

 
 Name        Role     No. of Shares over 
                      which Award granted 
                      on 12 October 2017 
----------  ------  --------------------- 
 Bill Gow    CFO           350,000 
----------  ------  --------------------- 
 

No consideration was paid for the grant of the Award, which has been structured as a "nominal cost" option (i.e. meaning that, on any exercise, the individual will be required to pay a price of 0.25p for each Share).

The vesting of the Award is subject to the satisfaction of a performance condition that has been set by the Remuneration Committee of the Company. This condition relates to the Company's share price performance over a specified period of three years. Vesting will also normally be dependent on the continued employment of the participant within the Company's group.

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

 
  1    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ---------------------------------------------------------------------- 
  a)   Name                                   Bill Gow 
----  -------------------------------  ------------------------------------- 
  2    Reason for the notification 
----  ---------------------------------------------------------------------- 
  a)   Position/status                        CFO 
----  -------------------------------  ------------------------------------- 
  b)   Initial notification/Amendment        Initial Notification 
----  -------------------------------  ------------------------------------- 
  3    Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  ---------------------------------------------------------------------- 
  a)   Name                                  Goals Soccer Centres plc 
----  -------------------------------  ------------------------------------- 
  b)   LEI                                   2138005QFMJYIIC5S847 
----  -------------------------------  ------------------------------------- 
  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                    Ordinary shares of 0.25p each 
        financial instrument,                 ("Shares") 
        type of instrument 
---- 
       Identification code                   GB00B0486M37 
----  -------------------------------  ------------------------------------- 
  b)   Nature of the transaction              Grant of award (in the form 
                                               of a nominal value option) 
                                               over Shares pursuant to the 
                                               Goals Soccer Centres plc 2016 
                                               Long-Term Incentive Plan. 
----  -------------------------------  ------------------------------------- 
  c)   Price(s) and volume(s)                  Price(s)         Volume(s) 
                                         ---------------------  ---------- 
                                          GBP0.0025 (exercise 
                                                 price)            350,000 
                                         ---------------------  ---------- 
----  -------------------------------  ------------------------------------- 
  d)    Aggregated information                N/A single transaction 
          *    Aggregated volume 
 
 
          *    Price 
----  -------------------------------  ------------------------------------- 
  e)   Date of the transaction               2017-10-12 
----  -------------------------------  ------------------------------------- 
  f)   Place of the transaction              London Stock Exchange, AIM 
                                              Market (XLON) 
----  -------------------------------  ------------------------------------- 
 

Enquiries:

 
 Goals Soccer Centres plc                via Instinctif 
  Nick Basing, Chairman 
  Bill Gow, Chief Financial Officer 
 Canaccord Genuity Limited (Nominated 
  Adviser and Broker) 
  Bruce Garrow 
  Chris Connors 
  Richard Andrews                        020 7523 8350 
 Instinctif Partners 
  Matthew Smallwood 
  Guy Scarborough                        020 7457 2020 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 13, 2017 02:00 ET (06:00 GMT)