16 May 2023
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.
The first of two equal tranches of an award granted to Richard Harris on 6 May 2022 as part of the terms agreed under which he would take up his position as the Group's Chief Financial Officer, granted outside The Rank Group Plc Long Term Incentive Plan 2010 ("Plan"), but subject to the rules of the Plan, vested on 13 May 2023.
The following tables set out the number of shares that vested on 13 May 2023 and the sale of sufficient shares to discharge the tax liability arising on the vested shares in accordance with instructions which took place on 15 May 2023.
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Richard Harris | ||||||
| 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 instrument, type of instrument | Ordinary shares of 13 8/9 pence each in Rank Group Plc ("Ordinary Shares")
| ||||||
| Identification code | GB00B1L5QH97 | |||||||
| b) | Nature of the transaction | Vesting of 93,318 Ordinary Shares granted outside the Plan but subject to the terms of the Plan. | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||||
| e) | Date of the transaction | 13 May 2023
| ||||||
| f) | Place of the transaction | Outside a trading venue
| ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Richard Harris | ||||||
| 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 instrument, type of instrument | Ordinary Shares of 13 8/9 pence each in Rank Group Plc ("Ordinary Shares")
| ||||||
| Identification code | GB00B1L5QH97 | |||||||
| b) | Nature of the transaction | Sale of 43,859 Ordinary Shares acquired under the award to cover the income tax and NIC liability | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||||
| e) | Date of the transaction | 15 May 2023
| ||||||
| f) | Place of the transaction | London Stock Exchange, XLON
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Enquiries: Asha Magnus, Company Secretary Tel: 01628 504000
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