Animalcare Group PLC Director/PDMR Shareholding (3134Y)
November 28 2014 - 4:57AM
UK Regulatory
TIDMANCR
RNS Number : 3134Y
Animalcare Group PLC
28 November 2014
Animalcare Group plc
("Animalcare" or the "Company")
Employee SAYE Share Plan
The board of Animalcare (AIM: ANCR), the supplier of
pharmaceutical and other premium products and services to the
veterinary industry, announces that the Company has established a
H.M. Revenue and Customs "HMRC" approved Save As You Earn option
scheme (the "Scheme"), effective over a three year period from
1(st) January 2015, at a fixed price of 105p per share and are
exercisable between 1(st) January 2018 and 30(th) June 2018.
All employees, including the Directors of the Company will be
entitled to participate in the Scheme under the same terms. Current
HMRC rules allow employees to invest a maximum of GBP500 per month.
Should an employee choose to invest the maximum amount it would
result in them being entitled to buy 17,142 shares at the end of
the three year period. However, participants may opt to withdraw
from the Scheme, recovering any fund that they may have paid in to
the Scheme.
Iain Menneer and Chris Brewster, the Company's Chief Executive
Officer and Chief Financial Officer respectively, intend to
contribute to the Scheme, taking into account their existing
contributions under the Company's other HMRC-approved Save As You
Earn option scheme. Assuming that both participate in the Scheme to
the maximum permissible extent, Mr Menneer and Mr Brewster would be
entitled to buy 5,142 and 8,571 shares respectively at the end of
the three year period. This notification is being made due to the
potential beneficial interests of both directors.
28(th) November 2014
For further information, please contact:
Animalcare Group plc
Chris Brewster, Chief Financial
Officer 01904 487453
Panmure Gordon (Nominated
Adviser & Broker)
Joanne Lake / Peter Steel Tel: 0113 357 1150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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