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Gamesys Group PLC Announces Director/PDMR Shareholding

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Gamesys Group plc (LSE:GYS) announced on May 25, 2021, the granting of Long Term Incentive Plan (LTIP) awards totaling 132,777 ordinary shares to five executives, including CEO Lee Fenton and CFO Keith Laslop. The awards are linked to performance metrics such as earnings per share (EPS) and total shareholder return (TSR) as detailed in the 2020 Directors' Remuneration Report. The transactions were conducted outside a trading venue, with no cash payment involved. For further details, visit the company's website.

Positive
  • Granting of LTIP awards indicates management confidence in the company's future performance.
  • Performance conditions are linked to EPS and TSR, aligning management incentives with shareholder interests.
Negative
  • None.

LONDON, UK / ACCESSWIRE / May 27, 2021 / Gamesys Group plc (LSE:GYS) (the "Company"), announces that on 25 May 2021 it granted awards over ordinary shares of £0.10 each in the Company ("Ordinary Shares") as follows under the Gamesys Group Long Term Incentive Plan ("LTIP Awards"):

Name of individual

Number of shares subject to LTIP Award

Lee Fenton

35,346

Keith Laslop

31,851

Robeson Reeves

30,089

Tina Southall

16,716

Dan Talisman

18,775

The awards are subject to performance conditions based on EPS and TSR as set out in the Company's 2020 Directors' Remuneration Report.

1.

Details of PDMR

a)

Name

Lee Fenton

2.

Reason for the notification

a)

Position / status

Chief Executive 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

Grant of awards over Ordinary Shares under the LTIP

d)

Price(s) and volume(s)

Price(s)

Volumes (s)

Nil

35,346

e)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

N/A

f)

Date of the transaction

25 May 2021

g)

Place of the transaction

Outside a trading venue

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

Grant of awards over Ordinary Shares under the LTIP

d)

Price(s) and volume(s)

Price(s)

Volumes (s)

Nil

31,851

e)

Aggregated information

- Aggregated volume

- Aggregated price

N/A single transaction

f)

Date of the transaction

25 May 2021

g)

Place of the transaction

Outside a trading venue

1.

Details of PDMR

a)

Name

Robeson Reeves

2.

Reason for the notification

a)

Position / status

Chief Operating 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

Grant of awards over Ordinary Shares under the LTIP

d)

Price(s) and volume(s)

Price(s)

Volumes (s)

Nil

30,089

e)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

N/A

f)

Date of the transaction

25 May 2021

g)

Place of the transaction

Outside a trading venue

1.

Details of PDMR

a)

Name

Tina Southall

2.

Reason for the notification

a)

Position / status

Chief People 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

Grant of awards over Ordinary Shares under the LTIP

d)

Price(s) and volume(s)

Price(s)

Volumes (s)

Nil

16,716

e)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

N/A

f)

Date of the transaction

25 May 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

Grant of awards over Ordinary Shares under the LTIP

d)

Price(s) and volume(s)

Price(s)

Volumes (s)

Nil

18,775

e)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

N/A

f)

Date of the transaction

25 May 2021

g)

Place of the transaction

Outside a trading venue

About Gamesys Group plc

Gamesys Group plc is the parent company of an online gaming group that provides entertainment to a global consumer base. Through its subsidiaries, Gamesys Group plc currently offers bingo and casino games to its customers using brands which include Jackpotjoy (www.jackpotjoy.com), Virgin Games (www.virgingames.com), Botemania (www.botemania.es), Vera&John (www.verajohn.com), Heart Bingo (www.heartbingo.co.uk), Monopoly Casino (www.monopolycasino.com), Rainbow Riches Casino (www.rainbowrichescasino.com) and MEGAWAYS Casino (www.megawayscasino.com). For more information about Gamesys Group plc, please visit www.gamesysgroup.com.

Enquiries:

Gamesys Group plc
Dan Talisman, Chief Legal Officer & Company Secretary
+44 (0)20 7478 8100
dan.talisman@gamesys.com

Finsbury
James Leviton
Robert Allen
+44 (0) 207 251 3801
GamesysGroup-LON@finsbury.com

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/649370/Gamesys-Group-PLC-Announces-DirectorPDMR-Shareholding

FAQ

What are the details of the LTIP awards granted by Gamesys Group plc?

Gamesys Group plc granted LTIP awards totaling 132,777 shares to executives on May 25, 2021.

Who received LTIP awards from Gamesys Group plc?

LTIP awards were granted to Lee Fenton, Keith Laslop, Robeson Reeves, Tina Southall, and Dan Talisman.

What is the significance of the LTIP awards for Gamesys Group plc?

The LTIP awards are performance-based, linked to EPS and TSR, aligning executives' performance with shareholder interests.

Did the LTIP awards involve any cost to Gamesys Group plc?

No, the LTIP awards were granted with no cash payment involved.

When were the LTIP awards announced for Gamesys Group plc?

The LTIP awards were announced on May 27, 2021.

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