Merlin Entertainments plc Director/PDMR Shareholding - Sharesave (9380V)

TIDMMERL

RNS Number : 9380V

Merlin Entertainments plc

11 April 2019

Merlin Entertainments plc

(the "Company")

11 April 2019

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

GRANT OF OPTIONS UNDER THE COMPANY'S ALL EMPLOYEE SHARE PLAN

The Company announces that the following persons discharging managerial responsibilities (PDMRs) have on 9 April 2019 been granted options ("Options") to purchase 1 pence ordinary shares in the capital of the Company ("Shares") pursuant to the Company's All Employee Share Plan at an exercise price per Share of GBP2.8768 for the UK Sharesave and GBP3.0711 for the US Employee Stock Purchase Plan.

The awards in favour of each of the PDMRs set out below are made under Merlin's Global All Employee Share Plan which is available to all Merlin's employees, subject to qualifying conditions.

 
 Name of PDMR          Number of Shares over    Plan 
                        which Options granted 
 Justin Platt          5,944                    UK Sharesave 
                      -----------------------  --------------------------- 
 Hans Aksel Pedersen   2,035                    US Employee Stock Purchase 
                                                 Plan 
                      -----------------------  --------------------------- 
 

The Options issued under the UK Sharesave scheme are, in normal circumstances, not exercisable until the completion of a 3 year savings period, which will end on 1 May 2022 and will then be exercisable for a period of 6 months. The exercise period will, therefore, in normal circumstances, be from 1 May 2022 until 31 October 2022.

The Options issued under the US Employee Stock Purchase Plan are, in normal circumstances, not exercisable until the completion of a 2 year savings period, which will end on 1 May 2021. The Options will then automatically vest on this date.

This announcement, including the notifications below, is made pursuant to Article 19(3) of the Market Abuse Regulation:

For further information please contact:

Matthew Jowett

General Counsel and Company Secretary

Merlin Entertainments plc

00 44 1202 634 955

11 April 2019

 
 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        UK Sharesave Options over Ordinary 
       instrument,                         Shares of 1 pence each 
       type of instrument                  GB00BDZT6P94 
       Identification code 
     ==================================  =================================== 
 b)   Nature of the transaction           Grant of Sharesave options 
     ==================================  =================================== 
 c)   Price(s) and volumes                  Price(s)     Volume(s) 
                                             GBP2.8768    5,944 
                                                         ========== 
     ==================================  =================================== 
 d)   Aggregated information               n/a 
       - Aggregated volume 
       - Price 
     ==================================  =================================== 
 e)   Date of the transaction             9 April 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       US Employee Stock Purchase Plan Options 
       instrument,                        over Ordinary Shares of 1 pence each 
       type of instrument                 GB00BDZT6P94 
       Identification code 
     =================================  ======================================== 
 b)   Nature of the transaction          Grant of US Employee Stock Purchase 
                                          Plan Options 
     =================================  ======================================== 
 c)   Price(s) and volumes                 Price(s)     Volume(s) 
                                            GBP3.0711    2,035 
                                                        ========== 
     =================================  ======================================== 
 d)   Aggregated information              n/a 
       - Aggregated volume 
       - Price 
     =================================  ======================================== 
 e)   Date of the transaction            9 April 2019 
     =================================  ======================================== 
 f)   Place of the transaction           Outside a trading venue 
     =================================  ======================================== 
 g)   Additional Information             none 
     =================================  ======================================== 
 

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 [e-mail] or visit www.rns.com.

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April 11, 2019 08:30 ET (12:30 GMT)