Director/PDMR Shareholding

RNS Number : 1738L

Cineworld Group plc

23 April 2015

 

CINEWORLD GROUP PLC (the "Company")

The Company has today received notifications pursuant to the requirements of paragraph 3.1.2R of the Disclosure and Transparency Rules of the Financial Conduct Authority in respect of the following events:

On 23^rd April 2015, the following awards ("Awards") over ordinary shares in the Company ("Shares") were made under the Cineworld Group 2007 Performance Share Plan (the "PSP") to Directors of the Company:

Name of Director	Number of Shares under the Award Granted pursuant to the PSP
Mooky Greidinger (CEO)	171,696
Philip Bowcock (CFO)	117,065
Israel Greidinger (COO)	117,065

No consideration was paid for the grant of an Award. 

The Awards granted pursuant to the PSP were structured as nil cost options to acquire Shares. The London Stock Exchange mid market closing price of a Share on 22^nd April 2015 was 480.5 pence.

The vesting of an Award and the exercise of an Option is ordinarily subject to continued employment of the participant, satisfactory performance of the participant over the performance period and the satisfaction of performance conditions over a three year performance period set by the Remuneration Committee of the Company.

The above announcement is made pursuant to the Company's obligations under DTR 3.1.4.R of the Disclosure and Transparency Rules of the Financial Conduct Authority.

Richard Ray

Company Secretary

Tel: [phone]

 

END

 

 

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