REG - CVS Group plc - Long Term Incentive Plan Awards and PDMR Dealing

CVSAnnouncement

30/09/2022 16:30

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RNS Number : 4162B  CVS Group plc  30 September 2022

 

 

30 September 2022

CVS Group plc

("CVS" or the "Company")

 

Long Term Incentive Plan Awards and PDMR Dealing

CVS, one of the UK's leading providers of integrated veterinary services,
announces that it has granted option awards over a total of 125,554 of the
Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under the CVS
Group Long Term Incentive Plan 2022 ("LTIP 16") (the "Options").  Certain of
the Options were awarded to the Directors named below, with the balance being
issued to certain other employees.

 

Name
Role
Number of Options

Richard Fairman           Chief Executive Officer
                                30,773

Ben Jacklin                      Chief Operating Officer
                              18,464

Robin Alfonso             Chief Financial Officer
           15,990

 

The awards will vest in three years' time, subject to performance criteria
being satisfied.  These vesting criteria relate to the Company's earnings per
share growth and total shareholder return over the three-year period between 1
July 2022 and 30 June 2025.

 

The notification below, made in accordance with the requirements of UK MAR,
provides further detail.

 

 Contacts:

 CVS Group plc                                                         via MHP Communications

 Jenny Farrer Company Secretary

 Peel Hunt (Nominated Adviser & Broker)                                +44 (0)20 7418 8900

 Adrian Trimmings / Michael Burke / Andrew Clark / Lalit Bose

 MHP Communications (Financial PR)                                     +44 (0) 20 3128 8549

 Andrew Jaques / Simon Hockridge / Rachel Farrington / Charles Hirst

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 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  Options over Ordinary shares of 0.2 pence each

     Identification code

                                                                  GB00B2863827
 b)  Nature of the transaction                                    Grant of Options under LTIP 16.
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price of 0.2p  30,773

 

 d)  Aggregated information

                                                                   N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      30 September 2022
 f)  Place of the transaction                                     Off market

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 N/A

e)

Date of the transaction

30 September 2022

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  Options over Ordinary shares of 0.2 pence each

     Identification code

                                                                  GB00B2863827
 b)  Nature of the transaction                                    Grant of Options under LTIP 16.
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price of 0.2p  18,464

 

 d)  Aggregated information

                                                                    N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      30 September 2022
 f)  Place of the transaction                                     Off market

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

  N/A

e)

Date of the transaction

30 September 2022

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  Options over Ordinary shares of 0.2 pence each

     Identification code

                                                                  GB00B2863827
 b)  Nature of the transaction                                    Grant of Options under LTIP 16.
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price of 0.2p  15,990

 

 d)  Aggregated information

                                                                   N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      30 September 2022
 f)  Place of the transaction                                     Off market

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 N/A

e)

Date of the transaction

30 September 2022

f)

Place of the transaction

Off market

 

 

 

 

 

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