REG - CVS Group plc - Grant of Options under SAYE Scheme & PDMR Dealing

CVSAnnouncement

04/12/2020 09:35

RNS Number : 5946H
  
CVS Group plc
  
04 December 2020
  
 

 
 
 
 
CVS Group Plc
 
Grant of Options under CVS Group plc SAYE Option Scheme & PDMR Dealing 
CVS Group plc (the "Company") announces that as part of its all employee Save As You Earn share scheme (the "SAYE Scheme"), the Executive Directors elected to participate in the SAYE scheme and were granted SAYE Scheme options as follows:
 
Richard Fairman                           606 SAYE scheme options
Robin Alfonso                               606 SAYE scheme options
Ben Jacklin                                     570 SAYE scheme options
 
Eligible employees were invited to subscribe for options over the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") with an exercise price of 1,009 pence per share, representing a 20% discount to the average closing middle market quotations for the three dealing days prior to the 4 November 2020, being the invitation date.
 
Pursuant to this, a total of 360,269 SAYE Scheme options over Ordinary Shares were granted on 2 December 2020, equating to 0.5% of the current issued ordinary share capital.
 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Richard Fairman




2


Reason for the notification




a)


Position/status


Chief Executive Officer




b)


Initial notification /Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


CVS Group plc




b)


LEI


213800J41XDQ2NX48O05




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 0.2 pence each
 
 
GB00B2863827




b)


Nature of the transaction


Grant of Options under the SAYE.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Option price of 1,009p


606




 
 
 




d)


Aggregated information
 
- Aggregated volume
 
 
- Price


 




e)


Date of the transaction


2 December 2020




f)


Place of the transaction


Off market




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Robin Alfonso




2


Reason for the notification




a)


Position/status


Chief Financial Officer




b)


Initial notification /Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


CVS Group plc




b)


LEI


213800J41XDQ2NX48O05




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 0.2 pence each
 
 
GB00B2863827




b)


Nature of the transaction


Grant of Options under the SAYE.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Option price of 1,009p


606




 
 
 




d)


Aggregated information
 
- Aggregated volume
 
 
- Price


 




e)


Date of the transaction


2 December 2020




f)


Place of the transaction


Off market




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Ben Jacklin




2


Reason for the notification




a)


Position/status


Chief Operating Officer




b)


Initial notification /Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


CVS Group plc




b)


LEI


213800J41XDQ2NX48O05




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 0.2 pence each
 
 
GB00B2863827




b)


Nature of the transaction


Grant of Options under the SAYE.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Option price of 1,009p


570




 
 
 




d)


Aggregated information
 
- Aggregated volume
 
 
- Price


 




e)


Date of the transaction


2 December 2020




f)


Place of the transaction


Off market




 
 
Contacts:
 
CVS Group plc                                                                                                   via MHP Communications
Richard Fairman, CEO    
Juliet Dearlove, Company Secretary       
               
 
N+1 Singer (Nominated Adviser & Broker)                                                          +44 20 7496 3000
Aubrey Powell / Jen Boorer (Corporate Finance)              
Rachel Hayes (Corporate Broking)           
               
               
MHP Communications (Financial PR)                                                                     +44 20 3128 8549
Andrew Jaques / Rachel Mann / Charles Hirst    

 

 

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