Gamesys Group PLC Announces Director/PDMR Shareholding

Rhea-AI Summary

On March 26, 2021, Gamesys Group announced the vesting of share awards granted under the Long Term Incentive Plan (LTIP) for two executives. Chief Finance Officer Keith Laslop received 55,551 shares, while Chief Legal Officer Dan Talisman was awarded 33,219 shares. The vested shares, valued at £0.10 each, are subject to a two-year holding period before release. This notification aligns with EU Market Abuse Regulation requirements, ensuring transparency in executive compensation and shareholding changes.

Positive

• Clear alignment of executive compensation with company performance through LTIP.
• Transparency in shareholding changes as per market regulations.

Negative

• None.

LONDON, UK / ACCESSWIRE / March 26, 2021 / Gamesys Group plc (LSE:GYS) (the "Company"), announces that on 26 March 2021 awards granted in 2018 over ordinary shares of £0.10 each in the Company ("Ordinary Shares") as follows have vested under the Gamesys Group Long Term Incentive Plan ("LTIP"): Vested shares are subject to a two holding period, following the end of which they will be released so that the shares can be acquired.

Name of individual	Number of shares vesting under the LTIP
Keith Laslop	55,551
Dan Talisman	33,219

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1.	Details of PDMR
a)	Name	Keith Laslop
2.	Reason for the notification
a)	Position / status	Chief Finance Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	Gamesys Group plc
b)	Legal Entity Identifier	213800J9SZ4YJ2RYMU17
4.	Details of the transaction(s)
a)	Description of the financial instrument	Ordinary Shares of £0.10 each
b)	Identification code	GB00BZ14BX56
c)	Nature of the transaction	Vesting of nil cost share options granted under the Long-Term Incentive Plan in 2018
d)	Price(s) and volume(s)	LTIP Vesting Price(s) Volumes (s) Nil 55,551
e)	Aggregated information - Aggregated volume - Aggregated price	N/A single transaction
f)	Date of the transaction	26 March 2021
g)	Place of the transaction	Outside a trading venue

1.	Details of PDMR
a)	Name	Dan Talisman
2.	Reason for the notification
a)	Position / status	Chief Legal Officer & Company Secretary
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	Gamesys Group plc
b)	Legal Entity Identifier	213800J9SZ4YJ2RYMU17
4.	Details of the transaction(s)
a)	Description of the financial instrument	Ordinary Shares of £0.10 each
b)	Identification code	GB00BZ14BX56
c)	Nature of the transaction	Vesting of nil cost share options granted under the Long-Term Incentive Plan in 2018
d)	Price(s) and volume(s)	LTIP Vesting Price(s) Volumes (s) Nil 33,219
e)	Aggregated information - Aggregated volume - Aggregated price	N/A single transaction
f)	Date of the transaction	26 March 2021
g)	Place of the transaction	Outside a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Gamesys Group PLC

View source version on accesswire.com:
https://www.accesswire.com/637643/Gamesys-Group-PLC-Announces-DirectorPDMR-Shareholding

FAQ

What shares vested under the LTIP for Gamesys Group on March 26, 2021?

On March 26, 2021, Keith Laslop's 55,551 shares and Dan Talisman's 33,219 shares vested under the LTIP.

What is the holding period for the vested shares of Gamesys Group executives?

The vested shares are subject to a two-year holding period after which they can be acquired.

Who are the executives that received vested shares on March 26, 2021 for Gamesys Group?

The executives are Keith Laslop, Chief Finance Officer, and Dan Talisman, Chief Legal Officer.

What is the ticker symbol for Gamesys Group?

The ticker symbol for Gamesys Group is GYS.