18th Nov 2016 11:09
GAME DIGITAL PLC
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
GAME Digital plc (the "Company"), announces that on 17 November 2016, the following Deferred Bonus Award ("Award") under the GAME Digital plc Performance Share Plan (the "PSP") was made to Pablo Crespo, a PDMR of the Company:
PDMR | No. of shares under Award |
Pablo Crespo | 192,834 |
This Award has been granted under the PSP and represents the deferred element under the Company's Annual Bonus Scheme, following a bonus payment to Pablo Crespo in relation to the financial year ended 30 July 2016. Under the Annual Bonus Scheme, it is required that up to 50% of the bonus paid be deferred into shares for a period of three years. No further performance conditions are therefore attached to the Award.
The Award is structured as a nil cost option over ordinary shares of nominal value of £0.01 each and will ordinarily become exercisable for a three year period from the third anniversary of grant, subject to continued service. No consideration was paid for the grant of the Award.
Details of the full notification received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Pablo Crespo | ||||
2 | Reason for Notification | |||||
a) | Position/status | Director General for Spain | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | GAME Digital plc | ||||
b) | LEI | N/A | ||||
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 | Ordinary Shares of £0.01 pence each in GAME Digital plc
GB00BMP36W19 | ||||
b) | Nature of the transaction | Grant of a deferred bonus nil cost option award under the GAME Digital plc Performance Share Plan. The award will ordinarily become exercisable for a three year period from the third anniversary of grant, subject to continued service. No consideration was paid for the grant of the award. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 17 November 2016 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
Ruth Cartwright
Company Secretary
Tel: 01256 78422918 November 2016
Related Shares:
GMD.L