REG - CYBG PLC Clydesdale Bank PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CYBGC.L</Origin>

AucyberAnnouncement

03/03/2017 16:30

RNS Number : 5305Y
CYBG PLC
03 March 2017
CYBG PLC
(Company)
3 March 2017
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Company announces that on 2 March 2017 the following Directors and PDMRs received ordinary shares in CYBG PLC and sold a portion of the shares received to cover their respective tax liabilities and sale costs. The shares released relate to 2015 upfront and deferred Bonus awards granted in February 2016 under the CYBG Deferred Equity Plan (Plan). 
Executive Directors
Number of shares released
Debbie Crosbie
115,283
David Duffy
115,284
Ian Smith
105,529
PDMRs
Number of shares released
Helen Page
47,035
James Peirson
39,196
This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Debbie Crosbie
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 
CYBG PLC
b) 
LEI 
213800ZK9VGCYYR6O495
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 0.10 each
GB00BD6GN030
b) 
Nature of the transaction 
(1)  Release of 2015 upfront share bonus awards under the CYBG Deferred Equity Plan 
(2)  Release of 2015 deferred bonus awards under the CYBG Deferred Equity Plan
(3)  Portion of the shares received to cover tax liabilities and sale costs
c) 
Price(s) and volume(s) 

Price(s)
Volume(s)
(1)
Nil-consideration
92,227
(2)
Nil-consideration
23,056
(3)
2.643
54,374
d)
Aggregated information 
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
All transactions took place on 2 March 2017
f) 
Place of the transaction 
London / London Stock Exchange (LON:LSE)
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
David Duffy
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 
CYBG PLC
b) 
LEI 
213800ZK9VGCYYR6O495
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 0.10 each
GB00BD6GN030
b) 
Nature of the transaction 
(1)  Release of 2015 upfront share bonus awards under the CYBG Deferred Equity Plan 
(2)  Portion of the shares received to cover tax liabilities and sale costs
c) 
Price(s) and volume(s) 

Price(s)
Volume(s)
(1)
Nil-consideration
115,284
(2)
2.643
54,374
d)
Aggregated information 
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
All transactions took place on 2 March 2017
f) 
Place of the transaction 
London / London Stock Exchange (LON:LSE)
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Ian Smith
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 
CYBG PLC
b) 
LEI 
213800ZK9VGCYYR6O495
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 0.10 each
GB00BD6GN030
b) 
Nature of the transaction 
(1)  Release of 2015 upfront share bonus awards under the CYBG Deferred Equity Plan 
(2)  Release of 2015 deferred bonus awards under the CYBG Deferred Equity Plan
(3)  Portion of the shares received to cover tax liabilities and sale costs
c) 
Price(s) and volume(s) 

Price(s)
Volume(s)
(1)
Nil-consideration
88,325
(2)
Nil-consideration
17,204
(3)
2.643
49,774
d)
Aggregated information 
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
All transactions took place on 2 March 2017
f) 
Place of the transaction 
London / London Stock Exchange (LON:LSE)
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Helen Page
2 
Reason for the notification 
a) 
Position/status 
PDMR
b) 
Initial notification /Amendment 
Initial Notification
3 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
CYBG PLC
b) 
LEI 
213800ZK9VGCYYR6O495
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 0.10 each
GB00BD6GN030
b) 
Nature of the transaction 
(1)  Release of 2015 upfront share bonus awards under the CYBG Deferred Equity Plan 
(2)  Portion of the shares received to cover tax liabilities and sale costs
c) 
Price(s) and volume(s) 

Price(s)
Volume(s)
(1)
Nil-consideration
47,035
(2)
2.643
22,185
d)
Aggregated information 
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
All transactions took place on 2 March 2017
f) 
Place of the transaction 
London / London Stock Exchange (LON:LSE)
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
James Peirson
2 
Reason for the notification 
a) 
Position/status 
PDMR
b) 
Initial notification /Amendment 
Initial Notification
3 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
CYBG PLC
b) 
LEI 
213800ZK9VGCYYR6O495
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 0.10 each
GB00BD6GN030
b) 
Nature of the transaction 
(1)  Release of 2015 upfront share bonus awards under the CYBG Deferred Equity Plan 
(2)  Portion of the shares received to cover tax liabilities and sale costs
c) 
Price(s) and volume(s) 

Price(s)
Volume(s)
(1)
Nil-consideration
39,196
(2)
2.643
18,487
d)
Aggregated information 
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
All transactions took place on 2 March 2017
f) 
Place of the transaction 
London / London Stock Exchange (LON:LSE)

This information is provided by RNS
The company news service from the London Stock Exchange
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