6th January 2022
HOLLYWOOD BOWL GROUP PLC
(the "Company")
Symbol: BOWL
Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company provides notification of the following transactions, effected on 6 January 2022, relating to the PDMRs named below and in respect of ordinary shares of 1 pence each in the capital of the Company ("Shares").
The transactions arise in respect of the exercise of nil-cost options over Shares granted on 27 February 2017 under the Hollywood Bowl Group plc Long Term Incentive Plan and the subsequent sale of the Shares acquired.
| PDMR | Number of Shares acquired on exercise of share option and subsequently sold |
| Stephen Burns | 159,744 |
| Laurence Keen | 108,626 |
| Mat Hart | 89,456 |
| Melanie Dickinson | 70,287 |
Following the exercise of the nil-cost options and subsequent sale of the Shares, the directors hold the following Shares:
| Director | Number of Shares held |
| Stephen Burns | 3,175,049 |
| Laurence Keen | 1,368,348 |
| Mat Hart | 943,164 |
| Melanie Dickinson | 589,591 |
A total of 428,113 Shares have been issued pursuant to an existing block listing in order to satisfy the exercise of the nil-cost options, and will rank pari passu with existing Shares.
Following the issue of these Shares, the total number of voting rights in the Company is 171,059,296. This figure may be used by shareholders as the denominator for the calculations by which they may determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provides further detail.
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||||||||
| 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 Identification code | Ordinary shares of 1 pence GB00BD0NVK62 | ||||||||||||
| b) | Nature of the transaction | Exercise of option granted under the Hollywood Bowl Group plc Long Term Incentive Plan and sale of resulting shares | ||||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information - Aggregated volume - Price |
As above | ||||||||||||
| e) | Date of the transaction | Exercise of option: 6 January 2022 Sale of shares: 6 January 2022 | ||||||||||||
| f) | Place of the transaction | London Stock Exchange | ||||||||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||||||||
| 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 Identification code | Ordinary shares of 1 pence GB00BD0NVK62 | ||||||||||||
| b) | Nature of the transaction | Exercise of option granted under the Hollywood Bowl Group plc Long Term Incentive Plan and sale of resulting shares | ||||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information - Aggregated volume - Price |
As above
| ||||||||||||
| e) | Date of the transaction | Exercise of option: 6 January 2022 Sale of shares: 6 January 2022 | ||||||||||||
| f) | Place of the transaction | London Stock Exchange | ||||||||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||||||||
| a) | Name | Mat Hart | ||||||||||||
| 2. | Reason for the notification | |||||||||||||
| a) | Position / status | Chief Marketing and Technology 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 Identification code | Ordinary shares of 1 pence GB00BD0NVK62 | ||||||||||||
| b) | Nature of the transaction | Exercise of option granted under the Hollywood Bowl Group plc Long Term Incentive Plan and sale of resulting shares | ||||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information - Aggregated volume - Price |
As above | ||||||||||||
| e) | Date of the transaction | Exercise of option: 6 January 2022 Sale of shares: 6 January 2022 | ||||||||||||
| f) | Place of the transaction | London Stock Exchange | ||||||||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||||||||
| a) | Name | Melanie Dickinson | ||||||||||||
| 2. | Reason for the notification | |||||||||||||
| a) | Position / status | Talent Director | ||||||||||||
| 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 Identification code | Ordinary shares of 1 pence GB00BD0NVK62 | ||||||||||||
| b) | Nature of the transaction | Exercise of option granted under the Hollywood Bowl Group plc Long Term Incentive Plan and sale of resulting shares | ||||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information - Aggregated volume - Price |
As above | ||||||||||||
| e) | Date of the transaction | Exercise of option: 6 January 2022 Sale of shares: 6 January 2022 | ||||||||||||
| f) | Place of the transaction | London Stock Exchange | ||||||||||||
For further information:
| 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 Laura Marshall
| Hollywoodbowl@tulchangroup.com +44 (0) 207 353 4200 | |
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