ME Group International PLC

Remuneration Information • Aug 27, 2019

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RNS Number : 3010K

Photo-Me International PLC

27 August 2019

27 August 2019

Photo-Me International PLC

(the "Company")

Notification of Transactions of Persons Discharging Managerial Responsibility (PDMRs)

The Company announces that the following Directors have been granted share options over the Company's ordinary shares of 0.5 pence each ("Ordinary Shares"), under the Company's existing Executive Share Option Scheme (2014) (the "Scheme").

Under the Scheme, Serge Crasnianski will be awarded up to 816,509 options over Ordinary Shares and Eric Mergui will be awarded up to 702,583 options over Ordinary Shares, subject to continued employment at the Company and, in line with previous awards, the Company's achieving certain performance criteria based on 2022 earnings per share ("EPS"). Under the scheme, 25% of the award will vest on achieving an EPS of 9 pence per share through to 100% of the award vesting should an EPS of 11 pence or more per share be achieved, with straight-line vesting in between.

No consideration was paid for the grant which is structured as a nil-cost option. The number of options over Ordinary Shares has been calculated using an Ordinary Share price of 101.4 pence per share. The options will vest three years after the date of grant and will remain exercisable until the seventh anniversary of the date of grant.

The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Serge Crasnianski
2	Reason for the notification
a)	Position/status	Chief Executive Officer & Deputy Chairman
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Photo-Me International PLC
b)	LEI	2138006YJ65EKBYYYX41
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	Options over Ordinary shares of 0.5p each in the Company
Identification code	GB0008481250
b)	Nature of the transaction	Grant of options to subscribe for Ordinary Shares in the Company under the Company's Executive Share Option Scheme 2014, conditional on future performance. The options will vest three years after the date of grant and remain exercisable until the seventh anniversary of the date of grant.
c)	Price(s) and volume(s)
		Price per share	Volume(s)
		Nil cost	816,509
d)	Aggregated information
- Aggregated volume	N/A - Single transaction
- Price
e)	Date of the transaction	27 August 2019
f)	Place of the transaction	Outside trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Eric Mergui
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Photo-Me International PLC
b)	LEI	2138006YJ65EKBYYYX41
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	Options over Ordinary shares of 0.5p each in the Company
Identification code	GB0008481250
b)	Nature of the transaction	Grant of options to subscribe for Ordinary Shares in the Company under the Company's Executive Share Option Scheme 2014, conditional on future performance. The options will vest three years after the date of grant and remain exercisable until the seventh anniversary of the date of grant.
c)	Price(s) and volume(s)
		Price(s) per share	Volume(s)
		Nil cost	702,583
d)	Aggregated information
- Aggregated volume	N/A - Single transaction
- Price
e)	Date of the transaction	27 August 2019
f)	Place of the transaction	Outside trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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