Director/PDMR Shareholding
Hollywood Bowl Group plc announced on February 2, 2026, that its Executive Directors and PDMRs were granted nil-cost options under the Long Term Incentive Plan on January 30, 2026, with the CEO receiving 268,568 shares, the Chief People Officer 69,475, CEO Canada 76,894, UK Managing Director 73,233, Business Development Director 36,616, and Chief Marketing Officer 31,746. These awards are contingent on performance targets related to Pre-IFRS 16 Adjusted EPS, Relative Total Shareholder Return, Return on centre invested capital, and UK Emissions ratio, with vesting occurring three years post-grant and a subsequent two-year holding period. Additionally, Laurence Keen's LTIP awards from 2024 and 2025 were reduced by 30% due to his role change.
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Hollywood Bowl Group plc (LSE: BOWL the "Company") announces that on 30 January 2026 its Executive Directors and PDMRs were granted the following share awards as nil-cost options over ordinary shares of £0.01 each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP").
| Director | Position | Number of Share Awards Granted | |||
|---|---|---|---|---|---|
| Stephen Burns | Chief Executive Officer | 268,568 | |||
| Melanie Dickinson | Chief People Officer | 69,475 | |||
| Laurence Keen | CEO, Canada | 76,894 | |||
| Darryl Lewis | UK Managing Director | 73,233 | |||
| Mat Hart | Business Development Director | 36,616 | |||
| Rob Dermitges | Chief Marketing Officer | 31,746 | |||
| These awards are subject to the following performance targets: | |||||
| Measure | Description | Weighting | Threshold | Target | Max |
| Pre-IFRS 16 Adjusted EPS 1 | Pre-IFRS 16 Adjusted EPS for the final year of the performance period - FY2028 | 70% | 25.21p (25% payout) | 26.54p (62.5% payout) | 27.87p (100% payout) |
| Relative Total Shareholder Return (TSR) | Percentage change in share price plus the value of dividends invested on the ex-dividend date over the performance period compared with the constituents of the FTSE 250 (excluding investment trusts) | 10% | Ranked at median based on TSR performance (25% payout) | N/A | Ranked at or above upper quartile based on TSR performance (100% payout) |
| Return on centre invested capital | Return on all centre invested capital (refurbs and new centres), excluding maintenance | 10% | 18% return (25% payout) | 20% return (62.5% payout) | 22% return (100% payout) |
| UK Emissions ratio for Scope 1 and Scope 2 | Intensity Ratio (IR) | 10% | IR at 51 (25% payout) | IR under 48 (62.5% payout) | IR under 45 (100% payout) |
1 Pre-IFRS 16 Adjusted EPS is defined as stated in the Group's accounts and is subject to such adjustments as the Board, in its discretion, determines are fair and reasonable.
Vesting for each measure will be calculated on a straight-line basis between threshold and target, and target and max performance.
The Company also announces the 30% reduction to LTIP Awards granted to Laurence Keen in 2024 and 2025 (the "LTIP Awards") in connection with his change of role from CFO to CEO, Canada, and as highlighted in the Directors' Remuneration Report included in the Company's 2025 Annual Report, as follows:
| Award Date | Shares over which nil-cost options originally granted | Shares surrendered | Shares over which the nil-cost options subsist post-surrender |
|---|---|---|---|
| 30 January 2024 | 156,220 | 46,866 | 109,354 |
| 31 January 2025 | 166,765 | 50,029 | 116,736 |
All other terms of the LTIP Awards remain unchanged.
| a) | Name | Hollywood Bowl Group plc |
| b) | LEI | 213800XB8YZNGJYDEZ97 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £nil 268,568 |
| d) | Aggregated information Aggregated volume Price | Volume: 268,568 Price: £nil |
| e) | Date of the transaction | 30 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | Name | Melanie Dickinson |
| 2. | Reason for the notification | |
| a) | Position / status | Chief People Officer |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Hollywood Bowl Group plc |
| b) | LEI | 213800XB8YZNGJYDEZ97 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £nil 69,475 |
| d) | Aggregated information Aggregated volume Price | Volume: 69,475 Price: £nil |
| e) | Date of the transaction | 30 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | Name | Laurence Keen |
| 2. | Reason for the notification | |
| a) | Position / status | CEO, Canada |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Hollywood Bowl Group plc |
| b) | LEI | 213800XB8YZNGJYDEZ97 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £nil 76,894 |
| d) | Aggregated information Aggregated volume Price | Volume: 76,894 Price: £nil |
| e) | Date of the transaction | 30 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ( ' PCA ' ) | |
| a) | Name | Laurence Keen |
| 2. | Details of PDMR / person closely associated with them ( ' PCA ' ) | |
| a) | Position / status | CEO, Canada |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Hollywood Bowl Group plc |
| b) | LEI | 213800XB8YZNGJYDEZ97 |
| a) | Description of the financial instrument | Ordinary shares of £0.01 each ISIN: GB00BD0NVK62 |
| b) | Nature of the transaction | Surrender of options granted under the Hollywood Bowl Group plc Long Term Incentive Plan in 2024 and 2025 |
| c) | Price(s) and volume(s) | Price: Nil Volume: 96,895 (being 46,866 in respect of the 2024 grant and 50,029 in respect of the 2025 grant) |
| d) | Aggregated information Aggregated volume Price | N/A - Single Transaction |
| e) | Date of the transaction | 30 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | Name | Darryl Lewis |
| 2. | Reason for the notification | |
| a) | Position / status | UK Managing Director |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Hollywood Bowl Group plc |
| b) | LEI | 213800XB8YZNGJYDEZ97 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £nil 73,233 |
| d) | Aggregated information Aggregated volume Price | Volume: 73,233 Price: £nil |
| e) | Date of the transaction | 30 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | Name | Mat Hart |
| 2. | Reason for the notification | |
| a) | Position / status | Business Development Director |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Hollywood Bowl Group plc |
| b) | LEI | 213800XB8YZNGJYDEZ97 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £nil 36,616 |
| d) | Aggregated information Aggregated volume Price | Volume: 36,616 Price: £nil |
| e) | Date of the transaction | 30 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of PDMR / person closely associated with them ('CAP') | |
| a) | Name | Rob Dermitges |
| 2. | Reason for the notification | |
| a) | Position / status | Chief Marketing Officer |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Hollywood Bowl Group plc |
| b) | LEI | 213800XB8YZNGJYDEZ97 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £nil 31,746 |
| d) | Aggregated information Aggregated volume Price | Volume: 31,746 Price: £nil |
| e) | Date of the transaction | 30 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
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