Grant of Options & PDMR Dealing

RNS Number : 7234T

CVS Group plc

26 November 2021

 

26 November 2021

CVS Group plc

("CVS", the "Company" and, together with its subsidiaries, the "Group")

Grant of Options under CVS Group plc SAYE Option Scheme & PDMR Dealing 

CVS Group plc (the "Company") announces that as part of its 2021/2022 Save As You Earn share scheme (the "SAYE Scheme"), which is open to all employees of the Group, the Executive Directors named below have elected to participate in the SAYE Scheme and have been granted SAYE Scheme options as follows:

Richard Fairman  310 SAYE scheme options

Robin Alfonso  291 SAYE scheme options

Ben Jacklin    310 SAYE scheme options

Eligible employees were invited to subscribe for options over the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") with an exercise price of 1,974 pence per share, representing a 20% discount to the average closing middle market price for the three dealing days prior to 1 November 2021, being the invitation date.

In response to accepted invitations, a total of 215,022 SAYE Scheme options over Ordinary Shares were granted on 25 November 2021, equating to 0.30% of the current issued ordinary share capital.  Subject to the rules of the SAYE Scheme, these options will be capable of exercise from the maturity date on 1 January 2025. 

The notification below, made in accordance with the requirements of UK MAR, provides further detail.

Contacts:
CVS Group plc	via MHP Communications
Richard Fairman, CEO
Jenny Farrer, Company Secretary
Singer Capital Markets (Nominated Adviser & Broker)	[phone]
Aubrey Powell / Jen Boorer / Rachel Hayes
MHP Communications (Financial PR)	[phone]
Andrew Jaques / Rachel Mann / Charles Hirst

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Detailsofthepersondischargingmanagerialresponsibilities/personclosely associated
a)	Name	Richard Fairman
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auctionmonitor
a)	Name	CVS Group plc
b)	LEI	213800J41XDQ2NX48O05
4	Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii) eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshave beenconducted
a)	Description of the financial instrument, type of instrument Identification code	Options over Ordinary shares of 0.2 pence each GB00B2863827
b)	Nature of the transaction	Grant of Options under the SAYE Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise price of 1,974p 310
d)	Aggregatedinformation - Aggregatedvolume - Price
e)	Date of the transaction	25 November 2021
f)	Place of the transaction	Off market

1	Detailsofthepersondischargingmanagerialresponsibilities/personclosely associated
a)	Name	Robin Alfonso
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial Notification
3	Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auctionmonitor
a)	Name	CVS Group plc
b)	LEI	213800J41XDQ2NX48O05
4	Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii) eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshave beenconducted
a)	Description of the financial instrument, type of instrument Identification code	Options over Ordinary shares of 0.2 pence each GB00B2863827
b)	Nature of the transaction	Grant of Options under the SAYE Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise price of 1,974p 291
d)	Aggregatedinformation - Aggregatedvolume - Price
e)	Date of the transaction	25 November 2021
f)	Place of the transaction	Off market

1	Detailsofthepersondischargingmanagerialresponsibilities/personclosely associated
a)	Name	Ben Jacklin
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial Notification
3	Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auctionmonitor
a)	Name	CVS Group plc
b)	LEI	213800J41XDQ2NX48O05
4	Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii) eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshave beenconducted
a)	Description of the financial instrument, type of instrument Identification code	Options over Ordinary shares of 0.2 pence each GB00B2863827
b)	Nature of the transaction	Grant of Options under the SAYE Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise price of 1,974p 310
d)	Aggregatedinformation - Aggregatedvolume - Price
e)	Date of the transaction	25 November 2021
f)	Place of the transaction	Off market

 

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