Game Digital (GMD)

 

LSE:GMD: Director/PDMR Shareholding

Game Digital

18 Nov 2016 11:09:09

GAME Digital PLC

RNS Number : 5857P
GAME Digital PLC
18 November 2016
 

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)

Price(s)

Volume(s)

Nil

192,834

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 784229
18 November 2016

 


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