Business
Director/PDMR Shareholding (correction)
Director/PDMR Shareholding (correction).
About this update from Rank Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9947O\n Rank Group PLC\n 13 October 2021\n \n \n \n \n 13 October 2021\n \n \n \n \n \n The Rank Group Plc\n \n \n LEI: 213800TXKD6XZWOFTE12\n \n \n 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 (correction).\n \n \n The first of three equal tranches of the block award granted to John O'Reilly on 28 June 2018 under The Rank Group Plc Long Term Incentive Plan 2010, based on performance over a four-year period ending on 30 June 2021, vested on 1 October 2021. The second tranche of such award will vest on 1 October 2022 and the third tranche of such award will vest on 1 October 2023, in each case subject to continued employment. \n \n \n The following table sets out the number of shares that vested on 1 October 2021 and the sale of sufficient shares to discharge the tax liability arising on the vested shares in accordance with instructions which took place on 5 October 2021:\n \n \n \n \n \n \n Name and title\n \n \n \n \n Total no. of Ordinary Shares vesting *\n \n \n \n \n No. of Ordinary Shares sold to cover tax liabilities\n \n \n \n \n Sale price per Ordinary Share\n \n \n \n \n Shares retained as a result of the vesting *\n \n \n \n \n \n \n John O'Reilly, \n \n \n Chief Executive \n \n \n \n \n \n 32,419\n \n \n \n \n 15,268\n \n \n \n \n £1.6977\n \n \n \n \n 17,151\n \n \n \n \n \n \n *corrected number of total shares vesting and retained (for the avoidance of doubt, no change to number of shares sold)\n \n \n Mr O'Reilly is required to retain the vested shares (after any sales to discharge tax liabilities) for a two-year holding period that ends on the date on which the third and final tranche of the block award will vest.\n \n \n The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:\n \n \n \n \n \n \n 1\n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n \n \n \n \n a)\n \n \n \n \n Name\n \n \n \n \n John O'Reilly\n \n \n \n \n \n \n 2\n \n \n \n \n Reason for Notification\n \n \n \n \n \n \n a)\n \n \n \n \n Position/status\n \n \n \n \n Chief Executive\n \n \n \n \n \n \n b)\...