4th Jul 2016 18:37
The Restaurant Group plc
('the Company')
Long Term Incentive Plan
Further to Mr Nightingale's appointment to the Board as Chief Financial Officer on 20 June 2016, on 1 July 2016 the Company made a conditional award of nil cost options ('Award') under The Restaurant Group plc Long Term Incentive Plan ('LTIP') of 151,425 shares.
The Award will, subject to performance conditions, vest three years from the date of grant. Details of the performance conditions will shortly be available on the Company website at www.trgplc.com. A two year, post-vesting holding period applies. The Company's employee benefit trust will hold the shares necessary to fulfil any obligation arising from the vesting of the Awards.
This notification is to satisfy the Company's obligations under 3.1.4(R)(1)(a) of the Disclosure and Transparency Rules.
Enquiries:
Alex Small 020 3117 5001
Company Secretary
Related Shares:
RTN.L