Long Term Incentive Plan Awards

RNS Number : 5112O
Cineworld Group plc
09 February 2021
 

CINEWORLD GROUP PLC (the "Company")

Long Term Incentive Plan Awards

The Company announces that, on 8 February 2021, awards ("Awards") over ordinary shares in the Company were made under the Cineworld Group plc Long-Term Incentive Plan 2021 (the "2021 LTIP"). 

The grant included Awards to the following individuals, each of whom is a "person discharging managerial responsibilities" as such term is defined in the Market Abuse Regulation (2014/596/EU) ("MAR"):

PDMR

Number of options under the Award granted pursuant to the 2021 LTIP

Moshe Greidinger (Director)

17,163,000

Israel Greidinger (Director)

17,163,000

Nisan Cohen (Director)

5,492,000

Renana Teperberg (Director)

5,492,000

The notifications received pursuant to the requirements of Article 19(1) of MAR are set out below.

Vesting of the Awards is subject to the terms of the 2021 LTIP, summarised in the circular to shareholders dated 7 January 2021.

This announcement is made pursuant to the Company's obligations under Article 19(3) of MAR.

 

Fiona Smith

Company Secretary

LEI: 213800J2J3TOOI176M73

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Moshe Greidinger

2

 

Reason for the notification

 

a)

 

Position/status

 

Director 

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

Cineworld Group plc

b)

 

LEI

213800J2J3TOOI176M73

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

 


Identification code

 

Options over ordinary shares of £0.01 each in Cineworld Group plc

 

GB00B15FWH70

 

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s)

 

Volume(s)

Nil

 

17,163,000

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

Single transaction as noted in 4 c) above

 

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a trading venue

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Israel Greidinger

2

 

Reason for the notification

 

a)

 

Position/status

 

Director 

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

Cineworld Group plc

b)

 

LEI

213800J2J3TOOI176M73

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

 


Identification code

 

Options over ordinary shares of £0.01 each in Cineworld Group plc

 

GB00B15FWH70

 

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s)

 

Volume(s)

Nil

 

17,163,000

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

Single transaction as noted in 4 c) above

 

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a trading venue

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Nisan Cohen

2

 

Reason for the notification

 

a)

 

Position/status

 

Director 

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

Cineworld Group plc

b)

 

LEI

213800J2J3TOOI176M73

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

 


Identification code

 

Options over ordinary shares of £0.01 each in Cineworld Group plc

 

GB00B15FWH70

 

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s)

 

Volume(s)

Nil

 

5,492,000

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

Single transaction as noted in 4 c) above

 

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a trading venue

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Renana Teperberg

2

 

Reason for the notification

 

a)

 

Position/status

 

Director

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

Cineworld Group plc

b)

 

LEI

213800J2J3TOOI176M73

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

 


Identification code

 

Options over ordinary shares of £0.01 each in Cineworld Group plc

 

GB00B15FWH70

 

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s)

 

Volume(s)

Nil

 

5,492,000

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

Single transaction as noted in 4 c) above

 

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a trading venue

 

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