LTIP Award

RNS Number : 5970I

CVS Group plc

20 November 2008

 



For Immediate Release

20 November 2008

CVS Group plc

('CVS' or the 'Company')

LTIP Award

Long Term Incentive Plan

CVS announces that on 18 November 2008 it made a grant of awards over the Company's Ordinary Shares of 0.2 pence each under the CVS Group Long Term Incentive Plan ('LTIP') to the Directors detailed in the table below:

Name	Role	No. of Ordinary shares subject to award under the LTIP
Simon Innes	Chief Executive	189,655
Paul Coxon	Finance Director	83,448
Mark Finn	Group Operations Director	82,758

Awards granted under the LTIP will vest on 30 June 2011 but only to the extent that certain performance criteria relating to earnings per share growth are satisfied by the Company over a three year performance period which commenced on 1 July 2008. No consideration is payable for the grant of the Awards and the receipt of the whole or part of the number of Ordinary Shares is conditional upon meeting the performance criteria.

Contacts:

CVS Group plc Simon Innes, Chief Executive Paul Coxon, Finance Director	01379 644 288
Buchanan Communications Richard Oldworth Ben Romney	020 7466 5000
Panmure Gordon & Co Richard Gray Andrew Godber	020 7459 3600

 

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