Grant of Options under SAYE Scheme
Source: RNS
9 February 2024
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 8 February 2024 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 109 employees have elected to participate in the SAYE Scheme and, pursuant to their elections, options over a total of 100,887 Ordinary Shares ("Options"), equating to 0.06 per cent. of the current issued share capital of the Company, were granted on 8 February 2024. The Options are normally exercisable between 1 February 2027 and 31 July 2027 and have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of £2.850 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.
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Director/PDMR |
No. of Options |
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Stephen Burns |
1,627 |
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Laurence Keen |
1,301 |
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Melanie Dickinson |
1,301 |
The notifications below, made in accordance with Article 19 of the UK Market Abuse Regulation, provide further detail.
For further information please contact:
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Hollywood Bowl Group Steve Burns, Chief Executive Officer Laurence Keen, Chief Financial Officer Mat Hart, Chief Marketing and Technology Officer |
via Tulchan Communications |
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Teneo Elizabeth Snow Laura Marshall |
Hollywoodbowl@teneo.com +44 20 7260 2700 |
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1. |
Details of PDMR / person closely associated with them ('CAP') |
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a) |
Name |
Stephen Burns
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Executive Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hollywood Bowl Group plc |
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b) |
LEI |
213800XB8YZNGJYDEZ97 |
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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 |
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a) |
Description of the financial instrument, type of instrument and identification code
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Ordinary shares of £0.01 each
ISIN: GB00BD0NVK62 |
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b) |
Nature of the transaction
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Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme
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c)
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Price(s) and volume(s)
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d) |
Aggregated information Aggregated volume Price
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N/A - Single transaction |
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e) |
Date of the transaction
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8 February 2024 |
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f) |
Place of the transaction
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Outside a trading venue
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1. |
Details of PDMR / person closely associated with them ('CAP') |
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a) |
Name |
Laurence Keen
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Financial Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hollywood Bowl Group plc |
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b) |
LEI |
213800XB8YZNGJYDEZ97 |
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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
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Ordinary shares of £0.01 each
ISIN: GB00BD0NVK62 |
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b) |
Nature of the transaction
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Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme
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c)
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Price(s) and volume(s)
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d) |
Aggregated information Aggregated volume Price
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N/A - Single transaction |
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e) |
Date of the transaction
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8 February 2024 |
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f) |
Place of the transaction
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Outside a trading venue
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1. |
Details of PDMR / person closely associated with them ('CAP') |
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a) |
Name |
Melanie Dickinson
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2. |
Reason for the notification |
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a) |
Position / status |
Chief People Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hollywood Bowl Group plc |
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b) |
LEI |
213800XB8YZNGJYDEZ97 |
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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
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Ordinary shares of £0.01 each
ISIN: GB00BD0NVK62 |
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b) |
Nature of the transaction
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Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme
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c)
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Price(s) and volume(s)
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d) |
Aggregated information Aggregated volume Price
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N/A - Single transaction |
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e) |
Date of the transaction
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8 February 2024 |
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f) |
Place of the transaction
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Outside a trading venue
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