RNK Rank Group Plc

TIDMRNK

RNS Number : 3820K

Rank Group PLC

24 August 2023

24 August 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

On 21August 2023 the following awards over ordinary shares of 13 (8) /(9) pence in The Rank Group Plc (the "Company") were granted to Mark Harper, the Company's Grosvenor Managing Director on joining the Rank Group on 14 August 2023

 
 PDMR           No. of shares under Award 
 Mark Harper    83,911 
               -------------------------- 
 

The Award is granted outside The Rank Group Plc 2020 Long-Term Incentive Plan ("Plan") but, save as expressly stated otherwise in the deed of grant pertaining to the Award, is subject to the rules of the Plan. It is made in accordance with the exemption contained in Rule 9.4.2(1) of the UK Listing Rules.

Vesting is subject to performance conditions and will be in two equal tranches, with the vesting date for each such tranche being 21 August 2024 and 21 August 2025 respectively. Details of the full notification received by the Company are set out below.

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                             Mark Harper 
     -------------------------------  ------------------------------------- 
 2    Reason for Notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                  Grosvenor 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     Ordinary Shares of 13 (8) /(9) pence 
       instrument, type of              each in Rank Group Plc 
       instrument 
      Identification code              GB00B1L5QH97 
     -------------------------------  ------------------------------------- 
 b)   Nature of the transaction        Grant of awards over Ordinary Shares 
     -------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         Nil         83,911 
                                                    ---------- 
     -------------------------------  ------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  ------------------------------------- 
 e)   Date of the transaction          21 August 2023 
     -------------------------------  ------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------- 
 
   Enquiries:                 Asha Magnus, Company Secretary                     Tel:  01628 504000 

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END

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August 24, 2023 09:49 ET (13:49 GMT)

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