Director/PDMR Shareholding

RNS Number : 9063I
CYBG PLC
13 August 2019
 

CYBG PLC

(Company)

 

13 August 2019

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs) AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

The Company announces that on 12 August 2019 the following Directors and PDMRs  received ordinary shares in CYBG PLC and sold a portion of the shares received to cover their respective tax liabilities and sale costs.  The sale of shares to cover tax liabilities is a standard procedure executed by the Company for all employees to cover the statutory tax and national insurance obligations that it is required to meet in respect of share awards.  The shares released are the final tranche of shares related to the 2015 demerger awards granted in February 2016 under the CYBG Deferred Equity Plan.

 

This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

David Duffy

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Executive Director

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

 

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

391,561

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

184,681

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Ian Smith

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Executive Director

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

117,468

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

56,583

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Kate Guthrie

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

19,904

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

9,588

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Enda Johnson

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

36,545

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

17,237

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Fergus Murphy

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

22,840

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

11,002

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Gavin Opperman

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

22,840

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

10,773

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Helen Page

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

62,650

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

30,178

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

James Peirson

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of the 2015 demerger awards under the CYBG Deferred Equity Plan (including dividend equivalents)

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

52,208

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.4772

24,624

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 12 August 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 


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