10 March 2023

CVS Group Plc

("CVS" or the "Company")

Exercise of SAYE Options, PDMR Dealing

and Total Voting Rights

CVS, one of the UK's leading providers of integrated veterinary services, announces that on 10 March 2023, options over a total of 1,667 ordinary shares of 0.2 pence each (the "Ordinary Shares") were exercised under the CVS Group 2019 SAYE Plan (2019/2023), at an exercise price of £8.63 (the "SAYE Exercise").

The sum of 1,667 Ordinary shares were satisfied from the shares held in the Employee Benefit Trust managed by JTC Group. As a result, no new Ordinary Shares were issued to satisfy the SAYE Exercise. 

Ben Jacklin, Chief Operating Officer exercised options over 709 Ordinary Shares in the Company.  The balance of the options were exercised by certain other employees and former employees of the Company.

Following his option exercise, Ben Jacklin holds a beneficial interest in 23,093 Ordinary Shares in the Company, representing approximately 0.032 per cent of the total voting rights of the Company, calculated on the same basis.

Following the SAYE Exercise, the Company has a total issued share capital of 71,385,048 Ordinary Shares each carrying one voting right. The Company holds no Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 71,385,048. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

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

Contacts:

CVS Group plc                                                                                                                                via Camarco

Richard Fairman, CEO

Jenny Farrer, Company Secretary

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

Adrian Trimmings / Michael Burke / Andrew Clark / Lalit Bose

   Berenberg (Joint Broker)                                                                                                          +44 (0)20 3207 7800

Toby Flaux / Ben Wright / Ciaran Walsh / Milo Bonser

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