REG - CVS Group plc - LTIP Awards and PDMR Dealing
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RNS Number : 6355T CVS Group plc 01 August 2025
For immediate
release
1 August 2025
CVS GROUP plc
("CVS", the "Company" or the "Group")
Long Term Incentive Plan Awards and PDMR Dealing
CVS, the UK listed veterinary group and a leading provider of veterinary
services, announces that it has granted option awards over a total of 276,364
of the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under
the CVS Group Long Term Incentive Plan 2025 ("LTIP 19") (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 79,550
Robin Alfonso Chief Financial
Officer 54,495
Paul Higgs Chief Veterinary
Officer 46,774
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 2025 and 30 June 2028.
The notification below, made in accordance with the requirements of UK MAR,
provides further detail.
CVS Group
plc
via Camarco
Richard Fairman, CEO
Robin Alfonso, CFO
Paul Higgs, Chief Veterinary Officer
Peel Hunt LLP (Nominated Adviser & Joint Broker)
+44 (0)20 7418 8900
Christopher Golden / James Steel / Andrew Clark
Berenberg (Joint
Broker)
+44 (0)20 3207 7800
Toby Flaux / Michael Burke / Milo Bonser
Camarco (Financial
PR)
Ginny Pulbrook
+44 (0)7961 315 138
Letaba Rimell
Tilly Butcher
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 19.
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 0.2p 79,550
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 31 July 2025
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
31 July 2025
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 19.
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 0.2p 54,495
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 31 July 2025
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
31 July 2025
f)
Place of the transaction
Off market
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Paul Higgs
2 Reason for the notification
a) Position/status Chief Veterinary 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 19.
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 0.2p 46,774
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 31 July 2025
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
31 July 2025
f)
Place of the transaction
Off market
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