Grant of options

RNS Number : 6858R

Animalcare Group PLC

08 November 2021

 

Animalcare Group plc

(The "Company" or the "Group")

Grant of options

8 November 2021. Animalcare Group plc (AIM: ANCR), the international animal health business, announces that, on 5 November 2021, nil-cost options over a total of 264,981 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 normally vest on 31 December 2024 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 31 December 2024 and 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 in part.

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

PDMR	OptionsAwarded	TotalOptions	OrdinaryShares
JenniferWinter	106,844	450,175	0
ChrisBrewster	43,806	187,290	280,513

Options over a further 114,331 ordinary shares were granted to other members of the Senior Executive 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	AnimalcareGroupplc
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 106,844 shares Price: £Nil
e)	Aggregatedinformation - Aggregatedvolume - Price	N/A
f)	Dateofthetransaction	5 November 2021
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 43,806 sharesPrice: £Nil
e)	Aggregatedinformation - Aggregatedvolume - Price	N/A
f)	Dateofthetransaction	5 November 2021
g)	Placeofthetransaction	Outsideatradingvenue

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

Animalcare Group plc Jenny Winter, Chief Executive Officer Chris Brewster, Chief Financial Officer Media relations	[phone] [e-mail]
Stifel Nicolaus Europe Limited  (Nominated Adviser & Joint Broker) Ben Maddison Fred Walsh Nick Adams	[phone]
Panmure Gordon (Joint Broker) Corporate Finance Freddy Crossley/Emma Earl Corporate Broking Rupert Dearden	[phone]

About Animalcare

Animalcare Group plc is a UK AIM-listed international veterinary sales and marketing organisation. Animalcare operates in seven countries - Spain, Portugal, Italy, UK, Germany, Belgium and Netherlands - 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.

 

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