Director/PDMR Shareholding

RNS Number : 9425A

CPPGroup Plc

29 March 2017

 

29 March 2017

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

Director/PDMR Shareholding

CPP, the international assistance business, announces that on 28 March 2017 Michel Corcoran exercised and sold options over 1,406,250 shares issued to him under the Group's Matching Share Plan. Mr Corcoran's holding in the Company remains at 1,875,000 1 penny shares, representing approximately 0.22% of the issued share capital of the Group.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Michael John Corcoran
2.	Reason for the notification
(a)	Position/status	Chief Financial Officer
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	CPPGroup Plc
(b)	LEI	213800FRDE79FTQI4X25
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	Ordinary shares of 1 penny each
(b)	Identification code of the Financial Instrument	GB00B5W55H93
(c)	Nature of the transaction	Exercise of options Sale of shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
	Exercise	1 penny	1,406,250
	Sale	12.5 pence	1,406,250
(e)	Aggregated information -           Aggregated volume -           Price	N/A
(f)	Date of the transaction	28 March 2017
(g)	Place of the transaction	London Stock Exchange

For further information please contact:

CPPGroup Plc

Jason Walsh, Chief Executive Officer

Mike Corcoran, Chief Financial Officer

Tel: [phone]

Investec Bank plc

Nominated Adviser and Corporate Broker

Sara Hale; James Rudd; Carlton Nelson

Tel: [phone]

Maitland

Neil Bennett; Daniel Yea

Tel: [phone]

Notes to Editors

CPP provides a range of assistance based services to customers in the UK & Ireland and in a number of international markets across Asia, Europe and Latin America. The Company's core propositions provide peace of mind for customers covering a range of areas including lost and stolen credit cards, identity theft, insurance of mobile devices, and passport assistance.

For more information on CPP visit www.cppgroupplc.com

REGISTERED OFFICE

CPPGroup Plc

Holgate Park

York

YO26 4GA

Registered number: 07151159

 

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