Director/PDMR Shareholding

RNS Number : 3547Z

CPPGroup Plc

12 January 2011

 

CPPGroup Plc

12 January 2011

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGER OR RESPONSIBILITY OR CONNECTED PERSONS

The information listed below relates to transactions notified pursuant to DTR3.1.2. 

CPPGroup Plc (the "Company") announces that it has received notification of the following purchase by Charles Gregson, non-executive Chairman of the Company, of ordinary shares of 10 pence each in the Company ("Ordinary Shares"):

Name of Director	Number of Ordinary Shares	Price per Share	Percentage of issued class acquired
Charles Gregson	24,000	£2.70	0.00014

As a result of the above, the interest of Mr Gregson in the Company's Ordinary Shares is as follows:

Name of Director	Number of Ordinary Shares	Percentage of issued class
Charles Gregson	141873	0.00083

The transaction described above took place on 21 June 2010 in the United Kingdom pursuant to a letter agreement dated 18 March 2010 (as described in the Company's prospectus dated 19 March 2010) in which Mr Gregson agreed to apply all of the net fees he receives from his position as Chairman of the Company to making on-market purchases of shares in the Company, until he has committed, in total, at least £250,000 for such purchase of shares.  The transaction was notified to the Company on 21 June 2010 in accordance with DTR3.1.2, but has not to date been announced by the Company pursuant to DTR3.1.4 due to such notification being made to an officer of the Company who has since left the Group's employment without actioning the required announcement.

Paula Watts

Company Secretary

12 January 2011

 

END

 

 

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