Director/PDMR Shareholding

RNS Number : 5871G
Restaurant Group PLC
05 March 2015
 



 5 March 2015

The Restaurant Group plc

(the "Company")

 

Notification of Interests of Directors and Persons Discharging Managerial Responsibility

 

The Company announces the following conditional changes to the interests of Directors in the Company's ordinary shares of 28.125p each ('Shares').

 

On 3 March 2015 the Company made the following conditional awards of Shares ('Awards') under The Restaurant Group plc Long Term Incentive Plan ('LTIP'):

 

Name

Conditional shares award

(number)

Potential matching awards

(number)




Danny Breithaupt

98,630

32,876




Stephen Critoph

78,082

26,027

 

Awards granted under the LTIP will vest in line with the scheme rules subject to the performance criteria being met.  Matching share awards are granted on the condition that they will not vest unless the participant has acquired a proportionate number of Shares ('Deposited Shares') and retained them throughout the performance period. No consideration is payable for the grant of the Awards.  It is intended that the Company's employee benefit trust will acquire Shares necessary to fulfil any obligation arising from the vesting of the Awards.

 

This notification relates to disclosures made in accordance with 3.1.4(R)(1)(a) of the Disclosure and Transparency Rules.

 

 

 

Enquiries:




The Restaurant Group plc

Alex Small

Deputy Company Secretary

Tel: 020 3117 5001



 

 


This information is provided by RNS
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