Source - LSE Regulatory
RNS Number : 4568B
Hollywood Bowl Group plc
11 February 2022
 

11 February 2022

 

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 2022 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 115 employees have elected to participate in the SAYE Scheme and, pursuant to their elections, options over a total of 158,778 Ordinary Shares ("Options"), equating to 0.09 per cent. of the current issued share capital of the Company, were granted on 8 February 2022. The Options are normally exercisable between 1 February 2025 and 31 July 2025 and have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of £2.845 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:

 

Director/PDMR

No. of Options

Stephen Burns

1,265

Laurence Keen

1,265

Melanie Dickinson

1,898

Mat Hart

6,326

Darryl Lewis

3,163

 

The notifications 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, provide further detail.

 

For further information please contact:

 

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

 

+44 (0) 207 353 4200

 

 

 

 

1.

Details of PDMR / person closely associated with them ('CAP')

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, type of instrument and identification code

 

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

 

Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

2.845

1,265

 

d)

Aggregated

information

Aggregated volume

Price

 

 

N/A - Single transaction

e)

Date of the

transaction

 

8 February 2022

f)

Place of the

transaction

 

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ('CAP')

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, type of instrument and identification code

 

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

 

Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

2.845

1,265

 

d)

Aggregated

information

Aggregated volume

Price

 

 

N/A - Single transaction

e)

Date of the

transaction

 

8 February 2022

f)

Place of the

transaction

 

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ('CAP')

a)

Name

Melanie Dickinson

 

2.

Reason for the notification

a)

Position / status

Chief People 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, type of instrument and identification code

 

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

 

Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

2.845

1,898

 

d)

Aggregated

information

Aggregated volume

Price

 

 

N/A - Single transaction

e)

Date of the

transaction

 

8 February 2022

f)

Place of the

transaction

 

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ('CAP')

a)

Name

Mathew Hart

 

2.

Reason for the notification

a)

Position / status

Chief Marketing & 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, type of instrument and identification code

 

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

 

Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

2.845

6,326

 

d)

Aggregated

information

Aggregated volume

Price

 

 

N/A - Single transaction

e)

Date of the

transaction

 

8 February 2022

f)

Place of the

transaction

 

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ('CAP')

a)

Name

Darryl Lewis

 

2.

Reason for the notification

a)

Position / status

Chief Operating 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, type of instrument and identification code

 

Ordinary shares of £0.01 each

 

ISIN: GB00BD0NVK62

b)

Nature of the transaction

 

Grant of options to acquire Ordinary shares under the Company's Save as You Earn scheme

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

2.845

3,163

 

d)

Aggregated

information

Aggregated volume

Price

 

 

N/A - Single transaction

e)

Date of the

transaction

 

8 February 2022

f)

Place of the

transaction

 

Outside a trading venue

 

 

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