Grant of Options under SAYE Scheme & PDMR Dealing

RNS Number : 5946H

CVS Group plc

04 December 2020

 

CVS Group Plc

Grant of Options under CVS Group plc SAYE Option Scheme & PDMR Dealing 

CVS Group plc (the "Company") announces that as part of its all employee Save As You Earn share scheme (the "SAYE Scheme"), the Executive Directors elected to participate in the SAYE scheme and were granted SAYE Scheme options as follows:

Richard Fairman  606 SAYE scheme options

Robin Alfonso  606 SAYE scheme options

Ben Jacklin                                     570 SAYE scheme options

Eligible employees were invited to subscribe for options over the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") with an exercise price of 1,009 pence per share, representing a 20% discount to the average closing middle market quotations for the three dealing days prior to the 4 November 2020, being the invitation date.

Pursuant to this, a total of 360,269 SAYE Scheme options over Ordinary Shares were granted on 2 December 2020, equating to 0.5% of the current issued ordinary share capital.

1	Detailsofthepersondischargingmanagerialresponsibilities/personclosely associated
a)	Name	Richard Fairman
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auctionmonitor
a)	Name	CVS Group plc
b)	LEI	213800J41XDQ2NX48O05
4	Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii) eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshave beenconducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2 pence each GB00B2863827
b)	Nature of the transaction	Grant of Options under the SAYE.
c)	Price(s) and volume(s)	Price(s) Volume(s) Option price of 1,009p 606
d)	Aggregatedinformation - Aggregatedvolume - Price
e)	Date of the transaction	2 December 2020
f)	Place of the transaction	Off market

1	Detailsofthepersondischargingmanagerialresponsibilities/personclosely associated
a)	Name	Robin Alfonso
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial Notification
3	Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auctionmonitor
a)	Name	CVS Group plc
b)	LEI	213800J41XDQ2NX48O05
4	Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii) eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshave beenconducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2 pence each GB00B2863827
b)	Nature of the transaction	Grant of Options under the SAYE.
c)	Price(s) and volume(s)	Price(s) Volume(s) Option price of 1,009p 606
d)	Aggregatedinformation - Aggregatedvolume - Price
e)	Date of the transaction	2 December 2020
f)	Place of the transaction	Off market

1	Detailsofthepersondischargingmanagerialresponsibilities/personclosely associated
a)	Name	Ben Jacklin
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial Notification
3	Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auctionmonitor
a)	Name	CVS Group plc
b)	LEI	213800J41XDQ2NX48O05
4	Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii) eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshave beenconducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.2 pence each GB00B2863827
b)	Nature of the transaction	Grant of Options under the SAYE.
c)	Price(s) and volume(s)	Price(s) Volume(s) Option price of 1,009p 570
d)	Aggregatedinformation - Aggregatedvolume - Price
e)	Date of the transaction	2 December 2020
f)	Place of the transaction	Off market

Contacts:

CVS Group plc  via MHP Communications

Richard Fairman, CEO 

Juliet Dearlove, Company Secretary 

N+1 Singer (Nominated Adviser & Broker)  [phone]

Aubrey Powell / Jen Boorer (Corporate Finance) 

Rachel Hayes (Corporate Broking) 

MHP Communications (Financial PR)  [phone]

Andrew Jaques / Rachel Mann / Charles Hirst 

 

END

 

 

DSHKKQBBCBDKFBK