RNK Rank Group Plc

TIDMRNK

RNS Number : 6747O

Rank Group PLC

04 October 2023

4 October 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 third 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 2 October 2023.

The following table sets out the number of shares that vested on 2 October 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 3 October 2023:

 
 Name and            Total no.         No. of Ordinary   Sale price      Shares retained 
  title               of Ordinary       Shares sold       per Ordinary    as a result of 
                      Shares vesting    to cover tax      Share           the vesting 
                                        liabilities 
 John O'Reilly 
  Chief Executive        32,418            15,237          GBP0.802          17,181 
                    ----------------  ----------------  --------------  ---------------- 
 

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                             John O'Reilly 
     -------------------------------  ------------------------------------------- 
 2    Reason for Notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive 
     -------------------------------  ------------------------------------------- 
 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        1. Vesting of awards over Ordinary 
                                        Shares granted on 28 June 2018 under 
                                        The Rank Group Plc Long Term Incentive 
                                        Plan 2010 
                                        2. Sale of Ordinary Shares to meet 
                                        tax liabilities arising from such vesting 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                         1.   Nil        Shares vesting: 32,418 
                                             ---------  ----------------------- 
                                         2.   GBP0.802   Shares sold: 15,237 
                                             ---------  ----------------------- 
     -------------------------------  ------------------------------------------- 
 d)        Aggregated information      Not applicable 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          1. 3 October 2023 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         1. Outside a trading venue 
                                        2. London Stock Exchange, XLON 
     -------------------------------  ------------------------------------------- 
 
   Enquiries:                 Asha Magnus, Company Secretary                     Tel:  01628 504000 

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END

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October 04, 2023 05:00 ET (09:00 GMT)

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