Source - LSE Regulatory
RNS Number : 0221H
Restaurant Group PLC
01 April 2022
 

The Restaurant Group plc (the 'Company')
PDMR notification - 2021 bonus shares

1 April 2022

The Restaurant Group plc announces that it has been notified of the following dealings in the Company's ordinary shares of 28.125p ('Ordinary Shares') undertaken on behalf of Directors/Persons Discharging Managerial Responsibility ('PDMR') under the Company's deferred bonus scheme (the 'Scheme'):

PDMR/PCA

Shares Purchased

Date

Andy Hornby (Chief Executive Officer)

247,585

31 March 2022

Kirk Davis (Chief Financial Officer)

116,502

31 March 2022

Under the Scheme and the terms of the Company's Remuneration Policy, half of any annual bonus payable to Executive Directors each year, net of tax and national insurance, is required to be deferred into Ordinary Shares, to be held in escrow for three years on behalf of those Directors by The Restaurant Group Employee Benefit Trust ('EBT').

This announcement is provided in accordance with the requirements of Article 19 of the Market Abuse Regulation. 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and connected persons

 

1.

Details of PDMR / person closely associated with them ("PCA")

 

 

a)

Name

Andy Hornby

 

 

2.

Reason for the Notification

 

 

a)

Position / status

Chief Executive Officer

 

 

b)

Initial notification / amendment

Initial notification

 

 

3.

Details of the Issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

Name

The Restaurant Group plc

 

 

b)

Legal Entity Identifier

213800V4LJ2FXMQKKA46

 

 

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

28.125p Ordinary Shares

 

 

 

Identification code

ISIN Code: GB00B0YG1K06

 

 

b)

Nature of the transaction

Purchase of Ordinary Shares by EBT under deferred bonus scheme

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.613624

247,585

 

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

 

 

247,585

£0.613624 per share

Total: £151,924.10

 

 

e)

Date of the transaction

31 March 2022

 

 

f)

Place of the transaction

London Stock Exchange

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

 

a)

Name

Kirk Davis

 

2.

Reason for the Notification

 

a)

Position / status

Chief Financial Officer

 

b)

Initial notification / amendment

Initial notification

 

3.

Details of the Issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

The Restaurant Group plc

 

b)

Legal Entity Identifier

213800V4LJ2FXMQKKA46

 

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

28.125p Ordinary Shares

 

 

Identification code

ISIN Code: GB00B0YG1K06

 

b)

Nature of the transaction

Purchase of Ordinary Shares by EBT under deferred bonus scheme

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.613624

116,502

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

 

 

116,502

£0.613624 per share

Total: £71,488.42

 

e)

Date of the transaction

31 March 2022

 

f)

Place of the transaction

London Stock Exchange

 

 

Enquiries:

 

Jean-Paul Rabin                                                                                                    020 3117 5001

Company Secretary

 

MHP Communications                                                                                          020 3128 8147

Oliver Hughes / Simon Hockridge                                                                     TRG@mhpc.com

 

 

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