ME Group International PLC

Director's Dealing • May 12, 2022

National Storage Mechanism | Additional information

RNS Number : 3467L

Photo-Me International PLC

12 May 2022

12 May 2022

Photo-Me International PLC

(the "Company")

Notification of Transactions of Persons Discharging Managerial Responsibility (PDMRs)

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

Under the Scheme, Tania Crasnianski, Executive Director, was granted an option over 100,000 Ordinary Shares, and Stéphane Gibon, Chief Financial Officer, was also granted an option over 100,000 Ordinary Shares; in each case, the performance conditions attached to the options relate to 2024 earnings per share ("EPS") as follows:

	Percentage of vesting	EPS to 31 Oct 2024
Pro-rata vesting between points	0%	Below 10.5
Up to portion with an aggregate Exercise Price of no more than 25% of basic salary at grant	10.5
Up to portion with an aggregate Exercise Price of no more than 50% of basic salary at grant	11
Up to portion with an aggregate Exercise Price of no more than 75% of basic salary at grant	11.5
Up to portion with an aggregate Exercise Price of no more than 100% of basic salary at grant	12
Up to portion with an aggregate Exercise Price of no more than 125% of basic salary at grant	12.5
Up to portion with an aggregate Exercise Price of no more than 150% of basic salary at grant	13

No consideration was paid for the grants. The number of options over Ordinary Shares was calculated using an Ordinary Share price of 68.73 pence per share which is also the applicable Exercise Price. The options will vest three years after the date of grant subject to continued service (save for good leavers) and the extent to which the performance conditions are met. Once exercisable the options will ordinarily 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	Tania Crasnianski
2	Reason for the notification
a)	Position/status	Executive Director
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 over Ordinary Shares in the Company under the Company's Executive Share Option Scheme 2014 with an associated exercise price per Ordinary Share of 68.73 pence. The options will vest three years after the date of grant subject to continued service (save for good leavers) and the extent to which performance conditions are met. Once exercisable the options will ordinarily remain exercisable until the seventh anniversary of the date of grant.
c)	Price(s) and volume(s)
		Price per share	Volume(s)
		Nil cost	100,000
d)	Aggregated information
- Aggregated volume	N/A - Single transaction
- Price
e)	Date of the transaction	12 May 2022
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stéphane Gibon
2	Reason for the notification
a)	Position/status	Executive Director
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 over Ordinary Shares in the Company under the Company's Executive Share Option Scheme 2014 with an associated exercise price per Ordinary Share of 68.73 pence. The options will vest three years after the date of grant subject to continued service (save for good leavers) and the extent to which performance conditions are met. Once exercisable the options will ordinarily 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	100,000
d)	Aggregated information
- Aggregated volume	N/A - Single transaction
- Price
e)	Date of the transaction	12 May 2022
f)	Place of the transaction	Outside of a trading venue

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