REG - CYBG PLC Clydesdale Bank PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CYBGC.L</Origin>
RNS Number : 0730ACYBG PLC21 December 2017CYBG PLC
(Company)
21 December 2017
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Company announces that on 20 December 2017 the following Directors 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 the FY16 Deferred Bonus award under the CYBG Deferred Equity Plan (Plan) which was granted in March 2017.
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 FY16 Deferred Bonus award under the CYBG Deferred Equity Plan (Plan)
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(1)
Nil-consideration
17,648
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
All transactions took place on 20 December 2017
f)
Place of the transaction
London / London Stock Exchange (LON:LSE)
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
(2) Shares sold to cover tax liabilities and sale costs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(2)
3.372
8,324
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
All transactions took place on 20 December 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 FY16 Deferred Bonus award under the CYBG Deferred Equity Plan (Plan)
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(1)
Nil-consideration
39,149
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
All transactions took place on 20 December 2017
f)
Place of the transaction
London / London Stock Exchange (LON:LSE)
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
(2) Shares sold to cover tax liabilities and sale costs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(2)
3.372
18,465
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
All transactions took place on 20 December 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 FY16 Deferred Bonus award under the CYBG Deferred Equity Plan (Plan)
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(1)
Nil-consideration
18,043
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
All transactions took place on 20 December 2017
f)
Place of the transaction
London / London Stock Exchange (LON:LSE)
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
(2) Shares sold to cover tax liabilities and sale costs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(2)
3.372
8,510
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
All transactions took place on 20 December 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 ExchangeENDDSHLLFEIFSLLFID
Recent news on Aucyber
See all newsREG - CYBG PLC Clydesdale Bank PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CYBGC.L</Origin>
AnnouncementREG - CYBG PLC Clydesdale Bank PLC - Total Voting Rights <Origin Href="QuoteRef">CYBGC.L</Origin>
AnnouncementREG - CYBG PLC Clydesdale Bank PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CYBGC.L</Origin>
AnnouncementREG - CYBG PLC Clydesdale Bank PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CYBGC.L</Origin>
AnnouncementREG - CYBG PLC Clydesdale Bank PLC - Pillar 3 Disclosures <Origin Href="QuoteRef">CYBGC.L</Origin>
Announcement