Merlin Entertainments plc Director/PDMR Shareholding - PSP Vesting (1436L)

TIDMMERL

RNS Number : 1436L

Merlin Entertainments plc

20 December 2018

Merlin Entertainments plc

20 December 2018

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

PERFORMANCE SHARE PLAN (PSP) - VESTING OF 2015 AWARD

The following disclosure is made in accordance with Article 19(3) of the Market Abuse Regulation.

The Company announces that, as a result of the relevant employment period having being satisfied, the awards granted in December 2015 under the Company's PSP vested in part on 18 December 2018.

Following such vesting, the following persons (PDMRs) sold a proportion of the shares that vested in order to satisfy the relevant employment taxes and fees arising on vesting at a price of 327.044 pence per share.

The following sets out the awards that vested on 18 December 2018, the number of shares sold following such vesting and, following such sales, the respective beneficial holdings in the Company to which voting rights are attached for each of the persons listed below:

 
 PDMR                   Number of 2015         Number of Shares   Beneficial Holding 
                         PSP Awards vesting*    sold to meet       after sale 
                                                tax liabilities 
 Mark Allsop            59,145                 28,009             127,904 (0.013%) 
                       ---------------------  -----------------  ------------------- 
 Hans Aksel Pedersen    35,487                 0                  348,697 (0.034%) 
                       ---------------------  -----------------  ------------------- 
 Justin Platt           35,487                 16,805             98,626 (0.010%) 
                       ---------------------  -----------------  ------------------- 
 

* includes accrued dividends

For further information please contact:

Matthew Jowett

General Counsel and Company Secretary

Merlin Entertainments plc

00 44 1202 634955

20 December 2018

 
 1                  Details of the person discharging managerial responsibilities/person 
                     closely associated 
===  =================================================================================================== 
 a)   Name                                         Mark Allsop 
     ===========================================  ====================================================== 
 2                  Reason for the notification 
     =================================================================================================== 
 a)   Position/status                                            Chief Digital Marketing and Information 
                                                                  Officer 
     ===========================================  ====================================================== 
 b)   Initial Notification / Amendment                           Initial Notification 
     ===========================================  ====================================================== 
 3    Details of the issuer 
     =================================================================================================== 
 a)   Name                                                       Merlin Entertainments plc 
     ===========================================  ====================================================== 
 b)   LEI                                                        549300ZTI0VEFO6WV007 
     ===========================================  ====================================================== 
 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 1 pence each 
                     instrument, 
                     type of instrument                           GB00BDZT6P94 
 
                     Identification code 
     ===========================================  ====================================================== 
 b)   Nature of the transaction                    Shares issued to PDMR following Performance 
                                                    Share Plan award vesting 
     ===========================================  ====================================================== 
 c)   Price(s) and volumes                                         Price(s)    Volume(s) 
                                                                    NIL         59,145 
                                                                               ========== 
     ===========================================  ====================================================== 
 d)   Aggregated information 
       - Aggregated volume                                         n/a 
       - Price 
     ===========================================  ====================================================== 
 e)   Date of the transaction                                    18 December 2018 
     ===========================================  ====================================================== 
 f)   Place of the transaction                                   Outside a trading venue 
     ===========================================  ====================================================== 
 g)   Additional Information                                     none 
     ===========================================  ====================================================== 
 
 
 1                  Details of the person discharging managerial responsibilities/person 
                     closely associated 
===  =========================================================================================== 
 a)   Name                                         Mark Allsop 
     ===========================================  ============================================== 
 2                  Reason for the notification 
     =========================================================================================== 
 a)   Position/status                              Chief Digital Marketing and Information 
                                                    Officer 
     ===========================================  ============================================== 
 b)   Initial Notification / Amendment                           Initial Notification 
     ===========================================  ============================================== 
 3    Details of the issuer 
     =========================================================================================== 
 a)   Name                                                       Merlin Entertainments plc 
     ===========================================  ============================================== 
 b)   LEI                                                        549300ZTI0VEFO6WV007 
     ===========================================  ============================================== 
 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 1 pence each 
                     instrument, 
                     type of instrument                           GB00BDZT6P94 
 
                     Identification code 
     ===========================================  ============================================== 
 b)   Nature of the transaction                    Sale of shares to satisfy relevant 
                                                    employment taxes and fees following 
                                                    Performance Share Plan award vesting. 
     ===========================================  ============================================== 
 c)   Price(s) and volumes                                         Price(s)      Volume(s) 
                                                                    GBP3.27044    28,009 
                                                                                 ========== 
     ===========================================  ============================================== 
 d)   Aggregated information 
       - Aggregated volume                                         n/a 
       - Price 
     ===========================================  ============================================== 
 e)   Date of the transaction                                    18 December 2018 
     ===========================================  ============================================== 
 f)   Place of the transaction                                   London Stock Exchange 
     ===========================================  ============================================== 
 g)   Additional Information                                     none 
     ===========================================  ============================================== 
 
 
 1                  Details of the person discharging managerial responsibilities/person 
                     closely associated 
===  ============================================================================================== 
 a)   Name                                         Hans Aksel Pedersen 
     ===========================================  ================================================= 
 2                  Reason for the notification 
     ============================================================================================== 
 a)   Position/status                                            Managing Director - LEGOLAND Parks 
     ===========================================  ================================================= 

 b)   Initial Notification / Amendment                           Initial Notification 
     ===========================================  ================================================= 
 3    Details of the issuer 
     ============================================================================================== 
 a)   Name                                                       Merlin Entertainments plc 
     ===========================================  ================================================= 
 b)   LEI                                                        549300ZTI0VEFO6WV007 
     ===========================================  ================================================= 
 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 1 pence each 
                     instrument, 
                     type of instrument 
                                                    GB00BDZT6P94 
                     Identification code 
     ===========================================  ================================================= 
 b)   Nature of the transaction                    Shares issued to PDMR following Performance 
                                                    Share Plan award vesting 
     ===========================================  ================================================= 
 c)   Price(s) and volumes                                         Price(s)    Volume(s) 
                                                                    NIL         35,487 
                                                                               ========== 
     ===========================================  ================================================= 
 d)   Aggregated information 
       - Aggregated volume                                         n/a 
       - Price 
     ===========================================  ================================================= 
 e)   Date of the transaction                                    18 December 2018 
     ===========================================  ================================================= 
 f)   Place of the transaction                                   Outside a trading venue 
     ===========================================  ================================================= 
 g)   Additional Information                                     none 
     ===========================================  ================================================= 
 
 
 1                  Details of the person discharging managerial responsibilities/person 
                     closely associated 
===  =========================================================================================== 
 a)   Name                                         Justin Platt 
     ===========================================  ============================================== 
 2                  Reason for the notification 
     =========================================================================================== 
 a)   Position/status                                            Chief Strategy Officer 
     ===========================================  ============================================== 
 b)   Initial Notification / Amendment                           Initial Notification 
     ===========================================  ============================================== 
 3    Details of the issuer 
     =========================================================================================== 
 a)   Name                                                       Merlin Entertainments plc 
     ===========================================  ============================================== 
 b)   LEI                                                        549300ZTI0VEFO6WV007 
     ===========================================  ============================================== 
 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 1 pence each 
                     instrument, 
                     type of instrument                           GB00BDZT6P94 
 
                     Identification code 
     ===========================================  ============================================== 
 b)   Nature of the transaction                    Shares issued to PDMR following Performance 
                                                    Share Plan award vesting 
     ===========================================  ============================================== 
 c)   Price(s) and volumes                                         Price(s)    Volume(s) 
                                                                    NIL         35,487 
                                                                               ========== 
     ===========================================  ============================================== 
 d)   Aggregated information 
       - Aggregated volume                                         n/a 
       - Price 
     ===========================================  ============================================== 
 e)   Date of the transaction                                    18 December 2018 
     ===========================================  ============================================== 
 f)   Place of the transaction                                   Outside a trading venue 
     ===========================================  ============================================== 
 g)   Additional Information                                     none 
     ===========================================  ============================================== 
 
 
 1                  Details of the person discharging managerial responsibilities/person 
                     closely associated 
===  =========================================================================================== 
 a)   Name                                         Justin Platt 
     ===========================================  ============================================== 
 2                  Reason for the notification 
     =========================================================================================== 
 a)   Position/status                                            Chief Strategy Officer 
     ===========================================  ============================================== 
 b)   Initial Notification / Amendment                           Initial Notification 
     ===========================================  ============================================== 
 3    Details of the issuer 
     =========================================================================================== 
 a)   Name                                                       Merlin Entertainments plc 
     ===========================================  ============================================== 
 b)   LEI                                                        549300ZTI0VEFO6WV007 
     ===========================================  ============================================== 
 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 1 pence each 
                     instrument, 
                     type of instrument                           GB00BDZT6P94 
 
                     Identification code 
     ===========================================  ============================================== 
 b)   Nature of the transaction                    Sale of shares to satisfy relevant 
                                                    employment taxes and fees following 
                                                    Performance Share Plan award vesting. 
     ===========================================  ============================================== 
 c)   Price(s) and volumes                                         Price(s)      Volume(s) 
                                                                    GBP3.27044    16,805 
                                                                                 ========== 
     ===========================================  ============================================== 
 d)   Aggregated information 
       - Aggregated volume                                         n/a 
       - Price 
     ===========================================  ============================================== 
 e)   Date of the transaction                                    18 December 2018 
     ===========================================  ============================================== 
 f)   Place of the transaction                     London Stock Exchange 
     ===========================================  ============================================== 
 g)   Additional Information                                     none 
     ===========================================  ============================================== 
 

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December 20, 2018 08:00 ET (13:00 GMT)