Director/PDMR Shareholding

RNS Number : 3697F

CPPGroup Plc

26 October 2018

 

26 October 2018

CPPGroup Plc ("CPP" or the "Group")

Director/PDMR Shareholding

CPP notes that the three-year holding period under its Matching Share Plan (the "Plan") expired on 26^th June 2018.  Accordingly, the restrictions on dealing imposed over ordinary shares of 1 pence each in CPP purchased under the Plan in 2015 (the "Investment Shares") no longer apply.   

The Group's People and Culture Director, Justine Shaw, was a participant in the Plan, holding 750,000 Investment Shares.  These Investment Shares have continued to be held under the existing nominee arrangement under the Plan, on behalf of Ms Shaw, since the expiry of the holding period.

Ms Shaw is now transferring the legal title of the shares to Estera to hold on her behalf under a new nominee agreement. The Investment Shares will continue to be held beneficially by Ms Shaw as they were under the Plan.  Accordingly, there is no change to the total beneficial interest in CPP shares held by Ms Shaw as previously disclosed.

For further information please contact:

CPPGroup Plc

Lorraine Beavis, Company Secretary

Tel: [phone]

Investec Bank plc

Nominated Adviser and Corporate Broker

Sara Hale; James Rudd; Carlton Nelson

Tel: [phone]

About CPP

CPP is a leading, international product innovation business which works with business partners across a range of sectors in 10 markets within Asia, Europe and Latin America to provide product, marketing and distribution expertise delivering tangible commercial benefits and meaningful solutions to their customers.

CPP's insurance and assistance products provide peace of mind by reducing the stresses of everyday life ranging from protection of mobile phones, payment cards and household belongings to keeping travel plans moving and the monitoring of compromised personal data. 

For more information on CPP visit international.cppgroup.com

REGISTERED OFFICE

CPPGroup Plc

6 East Parade

Leeds

LS1 2AD

Registered number: 07151159

LEI: 213800FRDE79FTQI4X25

ISIN: GB00B5W55H93

 

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