Long Term Incentive Plan Awards - replacement

RNS Number : 4987Z

CVS Group plc

10 January 2020

 

10 January 2020

The following amendment has been made to the 'Long Term Incentive Plan Awards' announcement released on 8 January 2020 at 15:57 under RNS No 2010Z.

The volume figure in box 4c. of the PDMR disclosure table is amended to 463 Ordinary Shares.

 All other details remain unchanged.  The full amended text is shown below.

CVS Group Plc

("CVS" or the "Company")

Long Term Incentive Plan Awards

CVS, one of the UK's leading providers of integrated veterinary services for small and large animals, announced on 20 December 2019 that it had granted option awards over a total of 141,389 of the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under the CVS Group Long Term Incentive Plan 2019 ("LTIP 13") (the "Options"). 

The awards made to certain individuals have subsequently been adjusted slightly since the prior announcement, in accordance with the Group's remuneration policy.  Following these adjusted awards, the resulting total number of Ordinary Shares over which options have been granted under LTIP13 is now 143,036. Vesting conditions relating to LTIP 13 are unchanged.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail with regard to the incremental award to one Director.

Contacts:

CVS Group Plc                                                                                                   Tel: [phone]

Richard Fairman, Chief Executive

David Harris, Company Secretary

N+1 Singer (Nominated Adviser and Broker)                                              Tel: [phone]

Aubrey Powell (Corporate Finance)

Rachel Hayes (Corporate Broking)

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

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robin Alfonso
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	CVS Group plc
b)	LEI	213800J41XDQ2NX48O05
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 instrument Identification code	Ordinary shares of 0.2 pence each GB00B2863827
b)	Nature of the transaction	Adjustment to grant of options under LTIP 13
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise price of 0.2p 463
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	Incremental award made at 8 January 2020 Effective date of award 19 December 2019
f)	Place of the transaction	Off market

 

END

 

 

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