RESTAURANT GROUP PLC

Remuneration Information • Oct 13, 2020

National Storage Mechanism | Additional information

RNS Number : 9617B

Restaurant Group PLC

13 October 2020

The Restaurant Group plc ('the Company')

Notification of transactions by directors, persons discharging managerial responsibilities ('PDMRs') and connected persons

On 12th October 2020, the Company made the following conditional awards of nil cost options ('Awards') under The Restaurant Group Restricted Share Plan ('RSP') over ordinary shares of 28 1/8 pence each in the share capital of the Company ('Shares') to Directors and Persons Discharging Managerial Responsibility ('PDMR'):

Name	Job title	Number of Shares under options granted pursuant to RSP Award
Andy Hornby	Chief Executive Officer	1,494,307
Kirk Davis	Chief Financial Officer	876,048

The above Awards were calculated using a price of 52.7 pence per Share (being the prevailing price on the date of the last market update prior to consulting with shareholders on the RSP).

Vesting of the RSP Awards is subject to the continued employment of participants and satisfaction of certain underpin conditions.

The Awards will normally vest (subject to the underpin conditions) in full after 3 years. Awards held by the Executive Directors will also be subject to a 2-year holding period ending on the 5th anniversary of grant.

The Awards were made in accordance with the Company's remuneration policy.

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation. 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

1.    Andy Hornby

2.    Kirk Davis

2.

Reason for the notification

a)

Position / status

1.    Chief Executive Officer

2.    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

The Restaurant Group plc

b)

LEI

213800V4LJ2FXMQKKA46

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

Ordinary shares of £0.28125 each

ISIN Code: GB00B0YG1K06

b)

Nature of the transaction

Awards over shares granted pursuant to The Restaurant Group Restricted Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.    Nil consideration 2.    Nil consideration	1.    1,494,307 2.    876,048

d)

Aggregated information

Aggregated volume

Price

N/A (single transactions)

e)

Date of the transaction

12 October 2020

f)

Place of the transaction

Outside a trading venue

For further details please contact:

MHP Communications (Financial PR adviser) Oliver Hughes Simon Hockridge	Tel: +44(0) 7885 224 532 / +44(0) 7709 496 125

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