Merlin Entertainments plc Director/PDMR Shareholding - DBP Vesting (3133U)

TIDMMERL

RNS Number : 3133U

Merlin Entertainments plc

28 March 2019

Merlin Entertainments plc

28 March 2019

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

DEFERRED BONUS PLAN ("DBP") - VESTING OF 2016 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 March 2016 under the Company's DBP vested on 25 March 2019.

Following such vesting, the following person ("PDMR") sold a proportion of the shares in order to satisfy the relevant employment taxes and fees arising on vesting at a price of 338.5 pence per share.

The following sets out the awards that vested on 25 March 2019, the number of shares sold following such vesting and, following such sale, the resulting beneficial holding in the Company to which voting rights are attached for the person listed below:

 
 PDMR                   Number of 2015         Number of Shares   Beneficial Holding 
                         DBP Awards vesting*    sold to meet       after sale 
                                                tax liabilities 
 Hans Aksel Pedersen    5,605                  1,369              352,933 (0.035%) 
                       ---------------------  -----------------  ------------------- 
 

* includes accrued dividends

For further information please contact:

Matthew Jowett

General Counsel and Company Secretary

Merlin Entertainments plc

00 44 1202 634955

28 March 2019

 
 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   Deferred Bonus Plan Award over Ordinary 
                     instrument,                    shares of 1 pence each 
                     type of instrument 
                                                    GB00BDZT6P94 
                     Identification code 
     ===========================================  ================================================= 
 b)   Nature of the transaction                    Vesting of Deferred Bonus Plan Awards 
     ===========================================  ================================================= 
 c)   Price(s) and volumes                                         Price(s)    Volume(s) 
                                                                    NIL         5,605 
                                                                               ========== 
     ===========================================  ================================================= 
 d)   Aggregated information 
       - Aggregated volume                                         n/a 
       - Price 
     ===========================================  ================================================= 
 e)   Date of the transaction                                    25 March 2019 
     ===========================================  ================================================= 
 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                                         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                    Sale of shares to satisfy employment 
                                                    taxes following the vesting of a 
                                                    Deferred Bonus Plan Award 
     ===========================================  ================================================= 
 c)   Price(s) and volumes                                         Price(s)    Volume(s) 
                                                                    GBP3.385    1,369 
                                                                               ========== 
     ===========================================  ================================================= 
 d)   Aggregated information 
       - Aggregated volume                                         n/a 
       - Price 
     ===========================================  ================================================= 
 e)   Date of the transaction                                    25 March 2019 
     ===========================================  ================================================= 
 f)   Place of the transaction                     London Stock Exchange 
     ===========================================  ================================================= 
 g)   Additional Information                                     none 
     ===========================================  ================================================= 
 

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March 28, 2019 09:30 ET (13:30 GMT)