Director/PDMR Shareholding

RNS Number : 6204J

Curtis Banks Group PLC

29 June 2017

 

Curtis Banks Group plc

(the "Company")

Director/PDMR Option Grant

The Company announces that it has awarded share options to employees under its Company Share Options Plan.

PDMR transaction disclosures required under the Market Abuse Regulation are as summarised below:

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	William Arthur Self
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	Curtis Banks Group plc
b)	LEI
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 financial instrument Identification Code	Options over ordinary shares with a nominal value of 0.5 pence each at an exercise price of £2.60 per share. The options will vest 33 months from the grant date. Vesting is conditional on the achievement of certain performance conditions determined by the percentage growth of the adjusted EPS of the Company over the vesting period. No options will vest if the average annual growth is below RPI+2% and all the options will vest if  average annual  growth of RPI+8% is achieved
b)	Nature of the transaction	Will Self has been awarded share options over 535,996 ordinary shares under the Company Share Options Plan.
c)	Price(s) and volume(s)	Exercise Price(s) Volume(s) £2.60 535,996
d)	Aggregated information Aggregated volume Price	Aggregated volume: 535,996 Aggregated price: n/a
e)	Date of the transaction	2017-26-06
f)	Place of the transaction	London Stock Exchange

 

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