logo-loader
RNS
viewHollywood Bowl Group

Hollywood Bowl Group - Director/PDMR Shareholding

RNS Number : 0538Z
Hollywood Bowl Group plc
07 January 2020
 

 

Hollywood Bowl Group plc

 

Directors' Shareholding

 

 

Hollywood Bowl Group plc (LSE: BOWL the "Company") announces that on 7th January 2020 the following ordinary shares (the "Deferred Shares") in the Company were acquired by the Company's Employee Benefit Trust (the "EBT") on behalf of the Executive Directors:

 

 Director

Position

Number of Deferred Shares acquired

Stephen Burns

Chief Executive Officer

18,312

Laurence Keen

Chief Financial Officer

11,872

 

Stephen Burns and Laurence Keen were required to defer 35% of their post-tax annual bonus for the financial year ending 30 September 2019 into ordinary shares for a period of two years; this acquisition on their behalf by the EBT puts the required deferral into effect. Legal title to the Deferred Shares will be held by the EBT for a period of two years before being transferred to the Executive Directors. 35% of the post-tax value of each Executive Directors' annual bonus was provided to the EBT in order to effect the acquisition.

 

Set out below are the notifications, made in accordance with the requirements of the EU Market Abuse Regulation, in relation to the Deferred Shares.

 

For further information please contact:

 

Hollywood Bowl Group

Steve Burns, Chief Executive Officer

Laurence Keen, Chief Financial Officer

Mat Hart, Chief Marketing and Technology Officer  

via Tulchan Communications





Tulchan Communications

James Macey White

Elizabeth Snow

Amber Ahluwalia

Laura Marshall

 

+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 / amendment

Initial notification

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 the financial instrument, type of instrument and identification code

 

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

 

Acquisition of Deferred Bonus Shares by Hollywood Bowl EBT Limited to be held on behalf of Stephen Burns.

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

£2.87

18,312

d)

Aggregated

information

Aggregated volume

Price

 

 

Volume: 18,312

 

Price: £2.87

e)

Date of the

transaction

 

7 January 2020

f)

Place of the

transaction

 

London Stock Exchange - XLON

 

 

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 / amendment

Initial notification

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 the financial instrument, type of instrument and identification code

 

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

 

Acquisition of Deferred Bonus Shares under the Company's annual bonus plan by Hollywood Bowl EBT Limited to be held on behalf of Laurence Keen.

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

£2.87

11,872

d)

Aggregated

information

Aggregated volume

Price

 

 

Volume: 11,872

 

Price: £2.87

e)

Date of the

transaction

 

7 January 2020

f)

Place of the

transaction

 

London Stock Exchange - XLON

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHBLGDBDUGDGGR

Quick facts: Hollywood Bowl Group

Price: 179.5504

Market: LSE
Market Cap: £282.79 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE