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RNK Rank Group Plc

87.60
0.80 (0.92%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rank Group Plc LSE:RNK London Ordinary Share GB00B1L5QH97 ORD 13 8/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 0.92% 87.60 87.60 88.80 89.20 86.80 86.80 73,534 16:16:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Amusement & Rec Svcs, Nec 681.9M -95.3M -0.2034 -4.31 410.34M

Rank Group PLC Director/PDMR Shareholding (3494I)

23/11/2018 11:00am

UK Regulatory


Rank (LSE:RNK)
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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

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(END) Dow Jones Newswires

November 23, 2018 06:00 ET (11:00 GMT)

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