REG - CPPGroup Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">CPPG.L</Origin>

CPPGroupAnnouncement

29/03/2017 17:30

RNS Number : 9425A
CPPGroup Plc
29 March 2017
29 March 2017 
CPPGroup Plc ("CPP" or the "Group")
Director/PDMR Shareholding
CPP, the international assistance business, announces that on 28 March 2017 Michel Corcoran exercised and sold options over 1,406,250 shares issued to him under the Group's Matching Share Plan.Mr Corcoran's holding in the Company remains at 1,875,000 1 penny shares, representing approximately 0.22% of the issued share capital of the Group.
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Michael John Corcoran
2.
Reason for the notification
(a)
Position/status
Chief Financial Officer
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer
(a)
Name
CPPGroup Plc
(b)
LEI
 213800FRDE79FTQI4X25
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 
Ordinary shares of 1 penny each
(b)
Identification code of the Financial Instrument
GB00B5W55H93
(c)
Nature of the transaction
Exercise of options
Sale of shares
(d)
Price(s) and volume(s)
Price(s)
Volume(s)

Exercise
1 penny
1,406,250

Sale
12.5 pence
1,406,250



(e)
Aggregated information
- Aggregated volume
-  Price
N/A
(f)
Date of the transaction
28 March 2017
(g)
Place of the transaction
London Stock Exchange
For further information please contact:
CPPGroup Plc
Jason Walsh, Chief Executive Officer
Mike Corcoran, Chief Financial Officer
Tel: +44 (0)1904 544500
Investec Bank plc
Nominated Adviser and Corporate Broker
Sara Hale; James Rudd; Carlton Nelson
Tel: +44 (0)20 7597 5970
Maitland
Neil Bennett; Daniel Yea
Tel: +44 (0)20 7379 5151
Notes to Editors
CPP provides a range of assistance based services to customers in the UK & Ireland and in a number of international markets across Asia, Europe and Latin America. The Company's core propositions provide peace of mind for customers covering a range of areas including lost and stolen credit cards, identity theft, insurance of mobile devices, and passport assistance.
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
Registered number: 07151159

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