Restaurant Group PLC Director/PDMR Shareholding (4414F)
July 12 2019 - 11:58AM
UK Regulatory
TIDMRTN
RNS Number : 4414F
Restaurant Group PLC
12 July 2019
The Restaurant Group plc ('the Company')
LEI: 213800V4LJ2FXMQKKA46
Notification of transactions by directors, persons discharging
managerial responsibilities ('PDMRs') and connected persons
Following the Rights Issue to part fund the Wagamama
acquisition, the nil cost option awarded under The Restaurant Group
plc 2015 Long Term Incentive Plan ('LTIP') to the following PDMR in
2018 was adjusted, in accordance with the standard TERP formula, so
as to increase the number of Shares held under the award by a
factor of 1.369251887, rounded down to the nearest number of whole
Shares:
Name Job title Number of Shares Number of Shares
under award before under award after
adjustment (number) adjustment (number)
Chief Financial
Kirk Davis Officer 206,203 282,343
The Award will, subject to performance conditions, vest three
years from the date of grant. A two year, post-vesting holding
period applies. The Company's employee benefit trust will hold the
shares necessary to fulfil any obligation arising from the vesting
of the Award.
The Award was made in accordance with the Company's remuneration
policy.
Enquiries:
MHP Communications 020 3128 8742
Oliver Hughes / Simon Hockridge TRG@mhpc.com
/ Alistair de Kare-Silver
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END
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