The Rank Group Plc (the "Company")
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 18 October 2024 following the approval by shareholders of its new Directors' Remuneration Policy, the following awards over ordinary shares of 13 8/9 pence in The Rank Group Plc (the "Company") were granted under The Rank Group 2020 Long-Term Incentive Plan to persons discharging managerial responsibilities ("PDMR's"):
| Executive Director | LTIP award |
| John O'Reilly | 1,114,288 |
| Richard Harris | 593,819 |
| PDMRs | LTIP award |
| Mark Harper | 416,090 |
| Jonathan Martin | 380,425 |
| Hazel Boyle | 312,067 |
| Andrew Crump | 253,924 |
| Enrique Montero | 222,992 |
The LTIP awards will vest (subject to the satisfaction of the performance conditions) on 24 September 2027, being the third anniversary of the date on which the awards would have been granted but for their grant taking place after the AGM. The Executive Directors are subject to a 2-year holding period post vesting.
Enquiries:
The Rank Group Plc
Brian McLelland, Interim Company Secretary
Contact number: 01628 504 000
Website: www.rank.com
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | 1. John O'Reilly 2. Richard Harris 3. Mark Harper 4. Jonathan Martin 5. Hazel Boyle 6. Andrew Crump 7. Enric Montero | ||||
| 2 | Reason for Notification | |||||
| a) | Position/status | 1. Chief Executive. 2. Chief Financial Officer. 3. Grosvenor Venues Managing Director. 4. Chief Operating Officer. 5. Chief People Officer. 6. Mecca Venues Managing Director. 7. Rank International Managing Director. | ||||
| 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
| ||||
| Identification code | GB00B1L5QH97 | |||||
| b) | Nature of the transaction | Award of Conditional Share Awards under the Company's Long Term Incentive Plan ("LTIP") | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
Single transactions. | ||||
| e) | Date of the transaction | 18 October 2024 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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