- Title:
Grant of Options under SAYE Scheme & PDMR Dealing - Time:
09:34:10 - Date:
4 Dec 2020 - Category:
Director/PDMR dealings - ID:
5946H
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) |
|
||||
| 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) |
|
||||
| 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) |
|
||||
| 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
Grant of Options under SAYE Scheme & PDMR Dealing09:34:104 Dec 2020Director/PDMR dealings5946H