Director/PDMR Shareholding
Gamesys Group plc (LSE: GYS) (the "Company"), announces that on 30 September 2019 it granted awards over ordinary shares of £0.10 each in the Company ("Ordinary Shares") as follows under the Gamesys Group Long Term Incentive Plan ("LTIP Awards") and the Gamesys Group Long Term Incentive (CSOP Options) Plan ("CSOP Awards"):
|
Name of individual |
Number of shares subject to LTIP Award |
|
Lee Fenton |
85,149 |
|
Keith Laslop |
74,591 |
|
Robeson Reeves |
59,604 |
|
Simon Wykes |
64,586 |
|
Dan Talisman |
45,759 |
|
Robbie Bressler |
34,059 |
On the same date, each of Lee Fenton, Robeson Reeves and Dan Talisman was granted a tax qualifying CSOP Award over 4,087 shares at a per share exercise price of 734 pence. Each CSOP Award is linked to the relevant individual's LTIP Award such that, at the time of exercise, to the extent that there is a gain in the CSOP Award, the LTIP Award will be forfeited to the value of that gain to ensure that the total pre-tax value of the original LTIP Award is not increased by the grant of the CSOP Award.
The awards: (i) will vest on the date on which the Company's Remuneration Committee determines the extent to which performance condition measured over the three financial years ending with 2021 have been satisfied; and (ii) are subject to a holding period of two years beginning on the vesting date, following the end of which they will be released so that the shares can be acquired.
The performance conditions are based on growth in EPS (as regards 50% of each award) and relative total shareholder return (as regards 50% of each award). Full details of the performance targets will be set out in the Company's 2019 Directors' Remuneration Report.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
|
1. |
Details of PDMR |
|||||||||
|
a) |
Name |
Lee Fenton |
||||||||
|
2. |
Reason for the notification |
|||||||||
|
a) |
Position / status |
Chief Executive Officer |
||||||||
|
b) |
Initial notification / amendment |
Initial notification |
||||||||
|
3. |
Details of the issuer |
|||||||||
|
a) |
Name |
Gamesys Group plc |
||||||||
|
b) |
Legal Entity Identifier |
213800J9SZ4YJ2RYMU17 |
||||||||
|
4. |
Details of the transaction(s) |
|||||||||
|
a) |
Description of the financial instrument |
Ordinary Shares of £0.10 each |
||||||||
|
b) |
Identification code |
GB00BZ14BX56 |
||||||||
|
c) |
Nature of the transaction |
Grant of awards over Ordinary Shares under the LTIP and CSOP |
||||||||
|
d) |
Price(s) and volume(s) |
LTIP Award
CSOP Award
|
||||||||
|
e) |
Aggregated information - Aggregated volume - Aggregated price |
Awards granted over 89,236 shares in total N/A |
||||||||
|
f) |
Date of the transaction |
2019-09-30 |
||||||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||||||
|
1. |
Details of PDMR |
|||||
|
a) |
Name |
Keith Laslop |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Chief Finance Officer |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer |
|||||
|
a) |
Name |
Gamesys Group plc |
||||
|
b) |
Legal Entity Identifier |
213800J9SZ4YJ2RYMU17 |
||||
|
4. |
Details of the transaction(s) |
|||||
|
a) |
Description of the financial instrument |
Ordinary Shares of £0.10 each |
||||
|
b) |
Identification code |
GB00BZ14BX56 |
||||
|
c) |
Nature of the transaction |
Grant of awards over Ordinary Shares under the LTIP |
||||
|
d) |
Price(s) and volume(s) |
LTIP Award
|
||||
|
e) |
Aggregated information - Aggregated volume - Aggregated price |
N/A single transaction |
||||
|
f) |
Date of the transaction |
2019-09-30 |
||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||
|
1. |
Details of PDMR |
|||||||||
|
a) |
Name |
Robeson Reeves |
||||||||
|
2. |
Reason for the notification |
|||||||||
|
a) |
Position / status |
Chief Operating Officer |
||||||||
|
b) |
Initial notification / amendment |
Initial notification |
||||||||
|
3. |
Details of the issuer |
|||||||||
|
a) |
Name |
Gamesys Group plc |
||||||||
|
b) |
Legal Entity Identifier |
213800J9SZ4YJ2RYMU17 |
||||||||
|
4. |
Details of the transaction(s) |
|||||||||
|
a) |
Description of the financial instrument |
Ordinary Shares of £0.10 each |
||||||||
|
b) |
Identification code |
GB00BZ14BX56 |
||||||||
|
c) |
Nature of the transaction |
Grant of awards over Ordinary Shares under the LTIP and CSOP |
||||||||
|
d) |
Price(s) and volume(s) |
LTIP Award
CSOP Award
|
||||||||
|
e) |
Aggregated information - Aggregated volume - Aggregated price |
Awards granted over 63,691 shares in total N/A |
||||||||
|
f) |
Date of the transaction |
2019-09-30 |
||||||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||||||
|
1. |
Details of PDMR |
|||||
|
a) |
Name |
Simon Wykes |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Transition Director |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer |
|||||
|
a) |
Name |
Gamesys Group plc |
||||
|
b) |
Legal Entity Identifier |
213800J9SZ4YJ2RYMU17 |
||||
|
4. |
Details of the transaction(s) |
|||||
|
a) |
Description of the financial instrument |
Ordinary Shares of £0.10 each |
||||
|
b) |
Identification code |
GB00BZ14BX56 |
||||
|
c) |
Nature of the transaction |
Grant of awards over Ordinary Shares under the LTIP |
||||
|
d) |
Price(s) and volume(s) |
LTIP Award
|
||||
|
e) |
Aggregated information - Aggregated volume - Aggregated price |
N/A single transaction |
||||
|
f) |
Date of the transaction |
2019-09-30 |
||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||
|
1. |
Details of PDMR |
|||||||||
|
a) |
Name |
Dan Talisman |
||||||||
|
2. |
Reason for the notification |
|||||||||
|
a) |
Position / status |
Chief Legal Officer & Company Secretary |
||||||||
|
b) |
Initial notification / amendment |
Initial notification |
||||||||
|
3. |
Details of the issuer |
|||||||||
|
a) |
Name |
Gamesys Group plc |
||||||||
|
b) |
Legal Entity Identifier |
213800J9SZ4YJ2RYMU17 |
||||||||
|
4. |
Details of the transaction(s) |
|||||||||
|
a) |
Description of the financial instrument |
Ordinary Shares of £0.10 each |
||||||||
|
b) |
Identification code |
GB00BZ14BX56 |
||||||||
|
c) |
Nature of the transaction |
Grant of awards over Ordinary Shares under the LTIP and CSOP |
||||||||
|
d) |
Price(s) and volume(s) |
LTIP Award
CSOP Award
|
||||||||
|
e) |
Aggregated information - Aggregated volume - Aggregated price |
Awards granted over 49,846 shares in total N/A |
||||||||
|
f) |
Date of the transaction |
2019-09-30 |
||||||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||||||
|
1. |
Details of PDMR |
|||||
|
a) |
Name |
Robbie Bressler |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
VP Finance |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer |
|||||
|
a) |
Name |
Gamesys Group plc |
||||
|
b) |
Legal Entity Identifier |
213800J9SZ4YJ2RYMU17 |
||||
|
4. |
Details of the transaction(s) |
|||||
|
a) |
Description of the financial instrument |
Ordinary Shares of £0.10 each |
||||
|
b) |
Identification code |
GB00BZ14BX56 |
||||
|
c) |
Nature of the transaction |
Grant of awards over Ordinary Shares under the LTIP |
||||
|
d) |
Price(s) and volume(s) |
LTIP Award
|
||||
|
e) |
Aggregated information - Aggregated volume - Aggregated price |
N/A single transaction |
||||
|
f) |
Date of the transaction |
2019-09-30 |
||||
|
g) |
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 rns@lseg.com or visit www.rns.com.
