HOLLYWOOD BOWL GROUP PLC

Remuneration Information • Feb 1, 2023

National Storage Mechanism | Additional information

RNS Number : 6260O

Hollywood Bowl Group plc

01 February 2023

Hollywood Bowl Group plc

LTIP Share Awards

Hollywood Bowl Group plc (LSE: BOWL the "Company") announces that on 31 January 2023 its Executive Directors and PDMRs were granted the following share awards as nil-cost options over ordinary shares of £0.01 each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"). The awards have been granted in accordance with the remuneration policy adopted by the Company's shareholders at the Annual General Meeting held on Friday 28th January 2022.

Director	Position	Number of Share Awards Granted
Stephen Burns	Chief Executive Officer	170,550
Laurence Keen	Chief Financial Officer	111,777
Melanie Dickinson	Chief People Officer	66,179
Mat Hart	Chief Marketing and Technology Officer	82,724
Darryl Lewis	Chief Operating Officer	55,285

These awards are subject to the following performance targets:

Measure	Description	Weighting	Threshold	Target	Max
Adjusted EPS1,2	Adjusted EPS for the final year of the performance period - FY2025	70%	18.11p (25% payout)	19.06p (62.5% payout)	20.01p (100% payout)
Return on centre invested capital2	20% return on all centre invested capital (refurbs and new centres)	10%	18% return (50% payout)	20% return (75% payout)	22% return (100% payout)
Emissions ratio for Scope 1 and Scope 22	Intensity ratio (IR) of under 100	10%	IR at 58 (50% payout)	IR at 55 (75% payout)	IR at 50 (100% payout)
Team member development2	5% of team members progressed through internal development programmes	10%	4% (50% payout)	5% (75% payout)	6% (100% payout)

1 Adjusted EPS is defined as stated in the Group's accounts and is subject to such adjustments as the Board, in its discretion, determines are fair and reasonable.

2 Vesting on a straight-line basis between threshold and target, and target and max performance.

Subject to performance against the targets above, the awards will vest three years after grant and will be subject to a further two-year holding period. Further details relating to the operation of the LTIP can be found within the 2022 Annual report and accounts which are available on the Company's website.

The notifications below, made in accordance with Article 19 of the UK Market Abuse Regulation, 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 Will Palfreyman James Macey White 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 LTIP Performance Shares Award. The Award is structured as a nil cost option which shall ordinarily vest and become exercisable from the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	170,550

d)

Aggregated

information

Aggregated volume

Price

Volume: 170,550

Price: £nil

e)

Date of the

transaction

31 January 2023

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 LTIP Performance Shares Award. The Award is structured as a nil cost option which shall ordinarily vest and become exercisable from the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	111,777

d)

Aggregated

information

Aggregated volume

Price

Volume: 111,777

Price: £nil

e)

Date of the

transaction

31 January 2023

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 LTIP Performance Shares Award. The Award is structured as a nil cost option which shall ordinarily vest and become exercisable from the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	66,179

d)

Aggregated

information

Aggregated volume

Price

Volume: 66,179

Price: £nil

e)

Date of the

transaction

31 January 2023

f)

Place of the

transaction

Outside a trading venue

1.

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

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, type of instrument and identification code

Ordinary shares of £0.01 each

ISIN: GB00BD0NVK62

b)

Nature of the transaction

Grant of LTIP Performance Shares Award. The Award is structured as a nil cost option which shall ordinarily vest and become exercisable from the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	82,724

d)

Aggregated

information

Aggregated volume

Price

Volume: 82,724

Price: £nil

e)

Date of the

transaction

31 January 2023

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 LTIP Performance Shares Award. The Award is structured as a nil cost option which shall ordinarily vest and become exercisable from the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	55,285

d)

Aggregated

information

Aggregated volume

Price

Volume: 55,285

Price: £nil

e)

Date of the

transaction

31 January 2023

f)

Place of the

transaction

Outside a trading venue

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