Grant of options and PDMR Dealing

RNS Number : 9200J

Animalcare Group PLC

29 April 2022

 

ANIMALCARE GROUP PLC

(the "Company" or the "Group")

Grant of options and PDMR Dealing

29 April 2022. Animalcare Group plc (AIM: ANCR), the international animal health business, announces that, on 28 April 2022, nil-cost options over a total of 302,037 ordinary shares with a nominal value of 20p per share ("the Options") were awarded to the Executive Directors and PDMRs of the Company and to members of the Senior Executive Team pursuant to the Company's Long Term Incentive Plan.

The awards will vest on 1 July 2025 following the assessment of performance criteria based on Earnings Per Share (EPS) growth per annum and Total Shareholder Return (TSR) over a three-year financial period ending 30 June 2025 which are as follows:

EarningsPerSharegrowthperannum	ExtenttowhichEPStranchewillvest
Lessthan3%	0%
3%	25%
10%	100%
Between3%and10%	Between25%and100%onastraightlinebasis

Rank of the Company's TSR compared totheComparatorGroup	ExtenttowhichtheTSRtranchewillvest
Upperquartileorabove	100%
Betweenmedianandupperquartile	Proratabetween25%and100%onarankingbasis
Median	25%
Belowmedian	0%

50% of the option award will be subject to the EPS performance condition and the remaining 50% will be subject to the TSR performance condition. Accordingly, if one of the performance conditions is met but the other is not, the Option award will only vest as per the above.

After the grant of the Options, the PDMRs set out below hold the following Options and ordinary shares:

PDMR	OptionsAwarded	TotalOptions	OrdinaryShares
JenniferWinter	130,620	580,795	7,000
ChrisBrewster	53,488	240,778	280,513

Options over a further 117,929 ordinary shares were granted to other members of the Senior Executive Team and Leadership Team.

The notification in respect of the Option Awards set out in the Annex below was made subject to the requirements of Article 19 of the Market Abuse Regulation:

ANNEX

1	Detailsofthepersondischargingmanagerialresponsibilities/personcloselyassociated
a)	Name	JenniferWinter,ChiefExecutiveOfficer
2	Reasonforthenotification
a)	Position/status	See1(a)above-MsWinterisclassifiedasaPDMRoftheCompany
b)	Initialnotification /Amendment	InitialNotification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer orauctionmonitor
a)	Name	Ani malcareGroupplc
b)	LEI	213800A7XPQ528RMCC72
4	Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii)eachtype of transaction; (iii) each date; and (iv) each place where transactions have beenconducted

a)	Description of thefinancial instrument,typeofinstrument	Options in respect of the Long Term Incentive Plan ("LTIP") overordinarysharesof20peach
b)	Identificationcode	GB0032350695
c)	Nature of thetransaction(s)	Awardofoptions
d)	Price(s)andvolume(s)	Volume(s): Nil cost options over 130,620 shares Price: £Nil
e)	Aggregatedinformation - Aggregatedvolume - Price	N/A
f)	Dateofthetransaction	28 April 2022
g)	Placeofthetransaction	Outsideatradingvenue

1	Detailsofthepersondischargingmanagerialresponsibilities/personcloselyassociated
a)	Name	ChrisBrewster,ChiefFinancialOfficer

2	Reasonforthenotification
a)	Position/status	See1(a)above-MrBrewsterisclassifiedasaPDMRoftheCompany
b)	Initialnotification /Amendment	InitialNotification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer orauctionmonitor
a)	Name	AnimalcareGroupplc
b)	LEI	213800A7XPQ528RMCC72
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) eachtype of transaction; (iii) each date; and (iv) each place where transactions have beenconducted
a)	Description of thefinancial instrument,typeofinstrument	Options in respect of the Long Term Incentive Plan ("LTIP") overordinarysharesof20peach
b)	Identificationcode	GB0032350695
c)	Nature of thetransaction(s)	Awardofoptions

d)	Price(s)andvolume(s)	Volume(s): Nilcostoptionsover 53,488 sharesPrice: £Nil
e)	Aggregatedinformation - Aggregatedvolume - Price	N/A
f)	Dateofthetransaction	28 April 2022
g)	Placeofthetransaction	Outsideatradingvenue

Enquiries:

Animalcare Group plc
Chris Brewster, Chief Financial Officer and Company Secretary	[phone]  [e-mail]
Stifel Nicolaus Europe Limited (Nominated Adviser & Joint Broker)	[phone]
Ben Maddison Nicholas Harland Nick Adams
Panmure Gordon (Joint Broker)	[phone]
Corporate Finance: Freddy Crossley/Emma Earl Corporate Broking: Rupert Dearden

About Animalcare  

Animalcare Group plc is a UK AIM-listed international development-focused veterinary sales and marketing organisation. Animalcare operates in seven countries   and exports to approximately 40 countries in Europe and worldwide. The Group is focused on bringing new and innovative products to market through its own development pipeline, partnerships and via acquisition.

For more information about Animalcare, please visit www.animalcaregroup.com 

 

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