Director/PDMR Shareholding

RNS Number : 6879W

CPPGroup Plc

02 January 2014

 



31 December 2013

CPPGroup Plc

Director/PDMR Shareholding

This notification is made in accordance with DTR 3.1.4(1)(a).

On 31 December 2013, awards over ordinary shares of 10p each in CPPGroup Plc (the "Company") were made to certain Directors and other persons discharging managerial responsibilities ("PDMRs") under the CPPGroup Long Term Incentive Plan 2010, as follows:

Name of Director/PDMR	Number of shares under award
Brent Escott	1,150,000
Craig Parsons	600,000
Angel de Leon	250,000
Kim Eyre	200,000
Lucy Metcalfe	200,000
Justine Shaw	200,000
Ian Craig	200,000
Ivo Gomez	200,000

No consideration was paid for the grant of the awards which are structured as nil cost options. 

The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the Group.

The Company was informed of the above transactions on 31 December 2013.

For Enquiries Contact:

Lorraine Beavis

Group Company Secretary

Telephone: [phone]

 

END

 

 

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