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CINEWORLD GROUP PLC

Director's Dealing Feb 9, 2021

5311_dirs_2021-02-09_4e8298c6-cefd-473f-af90-f5b5bce7b427.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 5112O

Cineworld Group plc

09 February 2021

CINEWORLD GROUP PLC (the "Company")

Long Term Incentive Plan Awards

The Company announces that, on 8 February 2021, awards ("Awards") over ordinary shares in the Company were made under the Cineworld Group plc Long-Term Incentive Plan 2021 (the "2021 LTIP"). 

The grant included Awards to the following individuals, each of whom is a "person discharging managerial responsibilities" as such term is defined in the Market Abuse Regulation (2014/596/EU) ("MAR"):

PDMR Number of options under the Award granted pursuant to the 2021 LTIP
Moshe Greidinger (Director) 17,163,000
Israel Greidinger (Director) 17,163,000
Nisan Cohen (Director) 5,492,000
Renana Teperberg (Director) 5,492,000

The notifications received pursuant to the requirements of Article 19(1) of MAR are set out below.

Vesting of the Awards is subject to the terms of the 2021 LTIP, summarised in the circular to shareholders dated 7 January 2021.

This announcement is made pursuant to the Company's obligations under Article 19(3) of MAR.

Fiona Smith

Company Secretary

LEI: 213800J2J3TOOI176M73

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Moshe Greidinger

2

Reason for the notification

a)

Position/status

Director 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cineworld Group plc

b)

LEI

213800J2J3TOOI176M73

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

Identification code

Options over ordinary shares of £0.01 each in Cineworld Group plc

GB00B15FWH70

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 17,163,000

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as noted in 4 c) above

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Israel Greidinger

2

Reason for the notification

a)

Position/status

Director 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cineworld Group plc

b)

LEI

213800J2J3TOOI176M73

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

Identification code

Options over ordinary shares of £0.01 each in Cineworld Group plc

GB00B15FWH70

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 17,163,000

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as noted in 4 c) above

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nisan Cohen

2

Reason for the notification

a)

Position/status

Director 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cineworld Group plc

b)

LEI

213800J2J3TOOI176M73

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

Identification code

Options over ordinary shares of £0.01 each in Cineworld Group plc

GB00B15FWH70

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 5,492,000

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as noted in 4 c) above

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Renana Teperberg

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cineworld Group plc

b)

LEI

213800J2J3TOOI176M73

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

Identification code

Options over ordinary shares of £0.01 each in Cineworld Group plc

GB00B15FWH70

b)

Nature of the transaction

Grant of awards under the Cineworld Group plc Long-Term Incentive Plan 2021 structured as nil cost options to acquire ordinary shares.

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 5,492,000

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as noted in 4 c) above

e)

Date of the transaction

8 February 2021

f)

Place of the transaction

Outside a 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 [email protected] or visit www.rns.com.

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END

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