TIDMBOWL

RNS Number : 9027D

Hollywood Bowl Group plc

05 February 2018

5 February 2018

Hollywood Bowl Group plc (the "Company")

Grant of Options under the Hollywood Bowl Group plc Save As You Earn Scheme ("SAYE Scheme")

Notification of transactions by directors/persons discharging managerial responsibilities

Hollywood Bowl Group plc (LSE: BOWL the "Company") announces that on 1 February 2018 options were granted to employees of the Company pursuant to the SAYE Scheme.

Participation in the SAYE Scheme has been made available to all employees of the Company who satisfy certain eligibility criteria, giving them the opportunity to participate in the future growth of the Company via options granted under the SAYE Scheme.

A total of 204 employees have elected to participate in the SAYE Scheme and, pursuant to their elections, options over a total of 296,437 Ordinary Shares ("Options"), equating to 0.2 per cent. of the current issued share capital of the Company, were granted on 1 February 2018. The Options are normally exercisable between 1 February 2021 and 31 July 2021 and have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of GBP2.06 per Ordinary Share. The exercise of Options is not dependent upon the satisfaction of performance criteria.

The following Executive Directors and persons discharging managerial responsibility ("PDMRs") of the Company, have elected to participate in the SAYE scheme and their Options are included in the total figures above:

 
 Director/PDMR        No. of Options 
-------------------  --------------- 
 Stephen Burns        2,621 
-------------------  --------------- 
 Laurence Keen        2,621 
-------------------  --------------- 
 Mat Hart             4,368 
-------------------  --------------- 
 Melanie Dickinson    2,621 
-------------------  --------------- 
 

Set out below are the notifications, made in accordance with the requirements of the EU Market Abuse Regulation, in relation to the Options granted to Executive Directors and PDMRs.

For further information please contact:

 
 Hollywood Bowl Group                       via Tulchan Communications 
  Steve Burns, Chief Executive Officer 
  Laurence Keen, Chief Financial Officer 
  Mat Hart, Commercial Director 
 
 
 Tulchan Communications 
  James Macey White 
  Elisabeth Snow                            +44 (0) 207 353 4200 
 
 
 
 1.   Details of PDMR / person closely associated 
       with them ('CAP') 
---  ---------------------------------------------------- 
 a)   Name                    Stephen Burns 
---  ----------------------  ---------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------- 
 a)   Position / status       Chief Executive Officer 
---  ----------------------  ---------------------------- 
 b)   Initial notification    Initial notification 
       / amendment 
---  ----------------------  ---------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------- 
 a)   Name                    Hollywood Bowl Group plc 
---  ----------------------  ---------------------------- 
 b)   LEI                     213800XB8YZNGJYDEZ97 
---  ----------------------  ---------------------------- 
 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          Ordinary shares of GBP0.01 
       the financial           each 
       instrument, type        ISIN: GB00BD0NVK62 
       of instrument 
       and identification 
       code 
---  ----------------------  ---------------------------- 
 b)   Nature of the           Grant of options to acquire 
       transaction             Ordinary shares under the 
                               Company's Save as You Earn 
                               scheme 
---  ----------------------  ---------------------------- 
 c)   Price(s) and              Price(s)   Volume(s) 
       volume(s)                ---------  ---------- 
                                 2.06       2,621 
                                ---------  ---------- 
---  ----------------------  ---------------------------- 
 d)   Aggregated               Volume: 2,621 
       information              Price: GBP5,399.26 
       Aggregated volume 
       Price 
---  ----------------------  ---------------------------- 
 e)   Date of the             1 February 2018 
       transaction 
---  ----------------------  ---------------------------- 
 f)   Place of the            Outside a trading venue 
       transaction 
---  ----------------------  ---------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ('CAP') 
---  ---------------------------------------------------- 
 a)   Name                    Laurence Keen 
---  ----------------------  ---------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------- 
 a)   Position / status       Chief Financial Officer 
---  ----------------------  ---------------------------- 
 b)   Initial notification    Initial notification 
       / amendment 
---  ----------------------  ---------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------- 
 a)   Name                    Hollywood Bowl Group plc 
---  ----------------------  ---------------------------- 
 b)   LEI                     213800XB8YZNGJYDEZ97 
---  ----------------------  ---------------------------- 
 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          Ordinary shares of GBP0.01 
       the financial           each 
       instrument, type        ISIN: GB00BD0NVK62 
       of instrument 
       and identification 
       code 
---  ----------------------  ---------------------------- 
 b)   Nature of the           Grant of options to acquire 
       transaction             Ordinary shares under the 
                               Company's Save as You Earn 
                               scheme 
---  ----------------------  ---------------------------- 
 c)   Price(s) and              Price(s)    Volume(s) 
       volume(s)                ----------  ---------- 
                                 GBP2.06     2,621 
                                ----------  ---------- 
---  ----------------------  ---------------------------- 
 d)   Aggregated               Volume: 2,621 
       information              Price: GBP5,399.26 
       Aggregated volume 
       Price 
---  ----------------------  ---------------------------- 
 e)   Date of the             1 February 2018 
       transaction 
---  ----------------------  ---------------------------- 
 f)   Place of the            Outside a trading venue 
       transaction 
---  ----------------------  ---------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ('CAP') 
---  ---------------------------------------------------- 
 a)   Name                    Mat Hart 
---  ----------------------  ---------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------- 
 a)   Position / status       Commercial Director (PDMR) 
---  ----------------------  ---------------------------- 
 b)   Initial notification    Initial notification 
       / amendment 
---  ----------------------  ---------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------- 
 a)   Name                    Hollywood Bowl Group plc 
---  ----------------------  ---------------------------- 
 b)   LEI                     213800XB8YZNGJYDEZ97 
---  ----------------------  ---------------------------- 
 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          Ordinary shares of GBP0.01 
       the financial           each 
       instrument, type        ISIN: GB00BD0NVK62 
       of instrument 
       and identification 
       code 
---  ----------------------  ---------------------------- 
 b)   Nature of the           Grant of options to acquire 
       transaction             Ordinary shares under the 
                               Company's Save as You Earn 
                               scheme 
---  ----------------------  ---------------------------- 
 c)   Price(s) and              Price(s)    Volume(s) 
       volume(s)                ----------  ---------- 
                                 GBP2.06     4,368 
                                ----------  ---------- 
---  ----------------------  ---------------------------- 
 d)   Aggregated               Volume: 4,368 
       information              Price: GBP8,998.09 
       Aggregated volume 
       Price 
---  ----------------------  ---------------------------- 
 e)   Date of the             1 February 2018 
       transaction 
---  ----------------------  ---------------------------- 
 f)   Place of the            Outside a trading venue 
       transaction 
---  ----------------------  ---------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ('CAP') 
---  ---------------------------------------------------- 
 a)   Name                    Melanie Dickinson 
---  ----------------------  ---------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------- 
 a)   Position / status       Talent Director (PDMR) 
---  ----------------------  ---------------------------- 
 b)   Initial notification    Initial notification 
       / amendment 
---  ----------------------  ---------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------- 
 a)   Name                    Hollywood Bowl Group plc 
---  ----------------------  ---------------------------- 
 b)   LEI                     213800XB8YZNGJYDEZ97 
---  ----------------------  ---------------------------- 
 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          Ordinary shares of GBP0.01 
       the financial           each 
       instrument, type        ISIN: GB00BD0NVK62 
       of instrument 
       and identification 
       code 
---  ----------------------  ---------------------------- 
 b)   Nature of the           Grant of options to acquire 
       transaction             Ordinary shares under the 
                               Company's Save as You Earn 
                               scheme 
---  ----------------------  ---------------------------- 
 c)   Price(s) and              Price(s)    Volume(s) 
       volume(s)                ----------  ---------- 
                                 GBP2.06     2,621 
                                ----------  ---------- 
---  ----------------------  ---------------------------- 
 d)   Aggregated               Volume: 2,621 
       information              Price: GBP5,399.26 
       Aggregated volume 
       Price 
---  ----------------------  ---------------------------- 
 e)   Date of the             1 February 2018 
       transaction 
---  ----------------------  ---------------------------- 
 f)   Place of the            Outside a trading venue 
       transaction 
---  ----------------------  ---------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 05, 2018 04:22 ET (09:22 GMT)

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