16th December 2010
CVS Group plc
("CVS" or the "Company")
Director's Dealings
CVS, one of the UK's leading providers of veterinary services, announces that on the 16th December 2010 two of its directors Simon Innes (Chief Executive Officer) and Paul Coxon (Finance Director) together with Brian Pound a director of CVS (UK) Limited (a wholly owned subsidiary of CVS Group plc) have sold in aggregate 174,779 ordinary shares of 0.2 pence each in the Company at an average price of 95p per share.
The proceeds from the sale of these shares are to fund a variety of personal tax liabilities payable by the directors including those arising as a result of the exercise of the Company's Long Term Incentive Plan.
Following this sale the directors will have the following interests over ordinary shares in the Company:
Name of director |
No. of shares sold |
Sale price per share |
Percentage of share capital following sale (including that of spouses) |
Simon Innes |
107,317 |
£0.95 |
1.85% |
Paul Coxon |
53,658 |
£0.95 |
0.5% |
Brian Pound |
13,804 |
£0.95 |
1.58% |
Contacts:
CVS Group plc Simon Innes, Chief Executive Paul Coxon, Finance Director |
01379 644 288 |
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Brewin Dolphin Matt Davis / Paul Mason/ Nikki Cooper
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0845 213 1000 |