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

CVSAnnouncement

29/09/2023 15:45

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RNS Number : 2305O  CVS Group plc  29 September 2023

For Immediate
Release
                 29 September 2023

CVS GROUP plc

("CVS", the "Company" or the "Group")

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 140,647 of the
Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under the CVS
Group Long Term Incentive Plan 2023 ("LTIP 17") (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
                34,419

Ben Jacklin                          Deputy
CEO
23,757

Robin Alfonso                     Chief Financial
Officer                            17,884

 

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 2023 and 30 June 2026.

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

 

Contacts

CVS Group
plc
   via Camarco

Richard Fairman, CEO

Scott Morrison, Company Secretary

 

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

Adrian Trimmings / Michael Burke / Andrew Clark / Lalit Bose

 

Camarco (Financial PR)
 

Geoffrey
Pelham-Lane
+44 (0)7733 124 226

Ginny Pulbrook
 
+44 (0)7961 315 138

 

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 17.
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price of 0.2p  34,419

 

 d)  Aggregated information

                                                                   N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      29 September 2023
 f)  Place of the transaction                                     Off market

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 N/A

e)

Date of the transaction

29 September 2023

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                                              Deputy CEO
 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 17.
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price of 0.2p  23,757

 

 d)  Aggregated information

                                                                    N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      29 September 2023
 f)  Place of the transaction                                     Off market

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

  N/A

e)

Date of the transaction

29 September 2023

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 17.
 c)  Price(s) and volume(s)                                       Price(s)                Volume(s)
                                                                  Exercise price of 0.2p  17,884

 

 d)  Aggregated information

                                                                   N/A

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      29 September 2023
 f)  Place of the transaction                                     Off market

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 N/A

e)

Date of the transaction

29 September 2023

f)

Place of the transaction

Off market

 

 

 

 

 

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