Company Announcements

Director/PDMR Shareholding - Sharesave

Source: RNS
RNS Number : 9380V
Merlin Entertainments plc
11 April 2019
 

Merlin Entertainments plc

(the "Company")

11 April 2019

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

GRANT OF OPTIONS UNDER THE COMPANY'S ALL EMPLOYEE SHARE PLAN

 

The Company announces that the following persons discharging managerial responsibilities (PDMRs) have on 9 April 2019 been granted options ("Options") to purchase 1 pence ordinary shares in the capital of the Company ("Shares") pursuant to the Company's All Employee Share Plan at an exercise price per Share of £2.8768 for the UK Sharesave and £3.0711 for the US Employee Stock Purchase Plan.

 

The awards in favour of each of the PDMRs set out below are made under Merlin's Global All Employee Share Plan which is available to all Merlin's employees, subject to qualifying conditions.

 

Name of PDMR

Number of Shares over which Options granted

Plan

Justin Platt

5,944

UK Sharesave

Hans Aksel Pedersen

2,035

US Employee Stock Purchase Plan

 

The Options issued under the UK Sharesave scheme are, in normal circumstances, not exercisable until the completion of a 3 year savings period, which will end on 1 May 2022 and will then be exercisable for a period of 6 months.  The exercise period will, therefore, in normal circumstances, be from 1 May 2022 until 31 October 2022.

 

The Options issued under the US Employee Stock Purchase Plan are, in normal circumstances, not exercisable until the completion of a 2 year savings period, which will end on 1 May 2021. The Options will then automatically vest on this date.

 

This announcement, including the notifications below, is made pursuant to Article 19(3) of the Market Abuse Regulation:

 

For further information please contact:

 

Matthew Jowett

General Counsel and Company Secretary

Merlin Entertainments plc

00 44 1202 634 955

 

11 April 2019



 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Justin Platt

2

Reason for the notification

 

a)

Position/status

Chief Strategy Officer

 

b)

Initial Notification / Amendment

Initial Notification

 

3

Details of the issuer

a)

Name

Merlin Entertainments plc

 

b)

LEI

549300ZTI0VEFO6WV007

 

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

UK Sharesave Options over Ordinary Shares of 1 pence each

 

GB00BDZT6P94

 

b)

Nature of the transaction  

Grant of Sharesave options

 

c)

Price(s) and volumes

 

Price(s)

Volume(s)

£2.8768

5,944

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

9 April 2019

 

f)

Place of the transaction

Outside a trading venue

 

g)

Additional Information

none

 

 



 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Hans Aksel Pedersen

2

Reason for the notification

 

a)

Position/status

 

Managing Director LEGOLAND Parks

b)

Initial Notification / Amendment

Initial Notification

 

3

Details of the issuer

a)

Name

Merlin Entertainments plc

 

b)

LEI

549300ZTI0VEFO6WV007

 

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

US Employee Stock Purchase Plan Options over Ordinary Shares of 1 pence each

 

GB00BDZT6P94

 

b)

Nature of the transaction  

Grant of US Employee Stock Purchase Plan Options

 

c)

Price(s) and volumes

 

Price(s)

Volume(s)

£3.0711

2,035

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

9 April 2019

 

f)

Place of the transaction

Outside a trading venue

 

g)

Additional Information

none

 

 


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.
 
END
 
 
DSHLLFELSDILLIA