REG - CYBG PLC Clydesdale Bank PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CYBGC.L</Origin>
RNS Number : 6388XCYBG PLC27 November 2017CYBG PLC
(Company)
27 November 2017
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBLITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Company announces that on 24 November 2017 the following Directors and PDMRs were granted the awards noted below under the CYBG Long Term Incentive Plan (LTIP).
The number of rights awarded was based on the average middle market share price over the three days before grant, being 3.132.
LTIP 2017 Long Term Incentive Plan Awards
The awards relate to the 2017 LTIP which will vest on the third anniversary of grant subject to performance conditions. During the vesting periods and holding periods, the awards will carry a right to receive dividend equivalents, to the extent that the awards vest, subject to the extent permitted under the relevant financial services remuneration regulations.
Summary of Awards
Executive Directors
Number of shares awarded under the LTIP
Debbie Crosbie
143,678
David Duffy
319,284
Ian Smith
146,871
PDMRs
Number of shares awarded under the LTIP
Kate Guthrie
97,381
Enda Johnson
89,399
Fergus Murphy
111,749
Gavin Opperman
143,678
Helen Page
89,399
James Peirson
76,628
Mark Thundercliffe
119,731
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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
143,678
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
319,284
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
146,871
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Kate Guthrie
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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
97,381
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Enda Johnson
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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
89,399
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Fergus Murphy
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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
111,749
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Gavin Opperman
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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
143,678
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
89,399
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
76,628
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 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
Mark Thundercliffe
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
Grant in relation to the 2017 LTIP under the LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.132
119,731
d)
Aggregated information
N/A
e)
Date of the transaction
24 November 2017
f)
Place of the transaction
London / London Stock Exchange (LON:LSE)
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHLLFEELALDFID
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