The UK’s leading multi-redemption voucher and prepaid gift card business

Director/PDMR Shareholding

9 December 2016

Park Group plc

("Park" or "the Company")

Director/PDMR Shareholding

Park (AIM: PKG.L), the UK's leading gift voucher and prepaid gift card provider, announces that the following Directors have today been allocated ordinary shares of 2p each ("Ordinary Shares") from the Employee Benefit Trust in accordance with the Company's LTIP. Following the allocation a portion of the shares have been sold to cover tax and other liabilities.

In addition, the following Directors have been awarded options over Ordinary Shares in accordance with the Company's LTIP and exercisable subject to the performance conditions of the LTIP.

Individual

Role

Share awards

Shares sold

Shares retained

Options awarded

Chris Houghton

CEO

140,034

66,481

73,553

98,000

Martin Stewart

Group Finance Director

115,356

-

115,356

81,000

Gary Woods

Managing Director, Park Retail

115,356

104,826

10,530

81,000

 

For further information, please contact:

Park Group plc

Chris Houghton

Martin Stewart

Tel: 0151 653 1700

Arden Partners plc

Steve Douglas

Benjamin Cryer

Tel: 020 7614 5917

Tavistock Communications

Jeremy Carey

Andrew Dunn

Tel: 020 7920 3150

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

Name  

Chris Houghton

 

Reason for the notification  

a)

Position/status  

Director

b)

Initial notification /Amendment  

Initial notification

3 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

a)

Name  

Park Group plc

b)

LEI  

 

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 2p each

ISIN :   GB0006710643 

b) 

Nature of the transaction  

Disposal of shares

c)

Price(s) and volume(s) 

 

Price(s)  

Volume(s)

£0.69

66,481

 

d)

Aggregated information  

 - Aggregated volume  

 - Price 

N/A (Single transaction)

e)

Date of the transaction  

9 December 2016

f)

Place of the transaction  

London Stock Exchange (XLON)

  

1 

Details of the person discharging managerial responsibilities / person closely associated  

a)

Name  

Gary Woods

2

Reason for the notification  

a)

Position/status  

Director

b)

Initial notification /Amendment  

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name  

Park Group plc

b)

LEI  

 

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 2p each

ISIN :   GB0006710643

b) 

Nature of the transaction  

Disposal of shares

c)

Price(s) and volume(s) 

 

Price(s) 

Volume(s)

£0.69

104,826

 

d)

Aggregated information 

- Aggregated volume  

- Price 

N/A (Single transaction)

e)

Date of the transaction 

9 December 2016

f) 

Place of the transaction

London Stock Exchange (XLON)

 

1 

Details of the person discharging managerial responsibilities / person closely associated  

a)

Name  

Chris Houghton

2

Reason for the notification 

a)

Position/status  

Director

b)

Initial notification /Amendment  

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name  

Park Group plc

b)

LEI  

 

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 

Share options over Ordinary shares of 2p each

ISIN :   GB0006710643

b)

Nature of the transaction  

Grant of options over ordinary shares

c)

Price(s) and volume(s) 

 

Price(s) 

Volume(s)

nil

98,000 

 

d)

Aggregated information  

- Aggregated volume  

- Price 

N/A (Single transaction)

 

 

e)

Date of the transaction 

9 December 2016

f)

Place of the transaction  

Outside a trading venue

 

Details of the person discharging managerial responsibilities / person closely associated  

a)

Name  

Martin Stewart

2

Reason for the notification 

a)

Position/status  

Director

b)

Initial notification /Amendment  

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name  

Park Group plc

b)

LEI  

 

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 

Share options over Ordinary shares of 2p each 

ISIN :   GB0006710643

b)

Nature of the transaction  

Grant of options over ordinary shares

c)

Price(s) and volume(s) 

 

Price(s)

Volume(s)

nil

81,000 

 

d)

Aggregated information  

- Aggregated volume  

- Price 

N/A (Single transaction)

e) 

Date of the transaction  

9 December 2016

f) 

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Name  

Gary Woods

2

Reason for the notification 

a)

Position/status  

Director

b) 

Initial notification /Amendment 

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name  

Park Group plc

b)

LEI 

 

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 

Share options over Ordinary shares of 2p each

ISIN :   GB0006710643

b)

Nature of the transaction  

Grant of options over ordinary shares

c)

Price(s) and volume(s) 

 

Price(s) 

Volume(s)

nil

81,000

 

d)

Aggregated information  

- Aggregated volume  

- Price 

N/A (Single transaction)

 

 

e)

Date of the transaction 

9 December 2016

f)

Place of the transaction 

Outside a trading venue