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Sharesave Awards to Directors/PDMRs

13th Feb 2014 16:00

RNS Number : 0016A
Merlin Entertainments plc
13 February 2014
 

Notification of Transactions of PDMRs

Merlin Entertainments plc

(the "Company")

Grant of Options to PDMRs under the Company's

All Employee Share Plan ("Sharesave Plan")

In accordance with the requirements of DTR 3.1.2R, the Company announces that each of the following persons, each being a Person Discharging Managerial Responsibility (a "PDMR"), has on 12 February 2014 been granted options ("Options") to purchase Ordinary Shares of £0.01 each in the capital of the Company ("Shares") pursuant to the Company's Sharesave Plan at an exercise price per Share of £2.9635.

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

Name of PDMR

Number of Shares over which Options Granted

Mark Allsop

3,036

Colin Armstrong

3,036

Andrew Carr

3,036

Tea Colaianni

3,036

Glenn Earlam

3,036

Mark Fisher

3,036

John Jakobsen

3,036

Nick Mackenzie

3,036

Nick Varney

3,036

 

The Options are, in normal circumstances, not exercisable until the completion of a 3 year savings period, which will end on 1 April 2017 and will then be exercisable for a period of 6 months. The exercise period will, therefore, in normal circumstances, be from 1 April 2017 until 30 September 2017.

The Company was notified of the grant of the Options on 12 February 2014.

For further information please contact:

Colin Armstrong

Group Legal Director and Company Secretary

Merlin Entertainments plc

00 44 1202 634 955

 

13 February 2014

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Merlin Entertainments
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