TIDMCMBN

RNS Number : 9902K

Cambian Group PLC

13 July 2017

Cambian Group Plc

("Cambian" or the "Company")

PDMR Dealing

Cambian announces that on 7 July 2017, Mr Jeremy Wiles, Group Business Development Director of the Company, exercised 59,259 awards granted for nil consideration on 10(th) April 2014 under the Cambian Group plc IPO Continuation Option Plan No 1 and sold 28,201 Ordinary shares of 1p each in the Company ("Share(s)") at a price of 170p per Share. Following this transaction, Mr Wiles holds 35,201 Shares (0.19 per cent. of the Company's issued share capital).

The Company also announces that on the same day, Mr David Turner, Group Property Director of the Company, exercised 14,815 awards granted for nil consideration on 10(th) April 2014 under the Cambian Group plc IPO Continuation Option Plan No 1 and sold 14,815 Ordinary shares of 1p each in the Company ("Share(s)") at a price of 169.75p per Share. Mr Turner holds zero shares in the Company's issued share capital.

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

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                        Jeremy Wiles 
---  --------------------------  --------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position/status             Group Business Development 
                                   Director 
---  --------------------------  --------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                        Cambian Group plc 
---  --------------------------  --------------------------------- 
 b)   Legal Entity Identifier     213800DN7U5XDQL1Q343 
---  --------------------------  --------------------------------- 
 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          Ordinary shares of 1p each 
       financial instrument, 
       type of instrument 
                                   GB00BKXNB024 
       Identification code 
---  --------------------------  --------------------------------- 
 b)   Nature of the transaction   i) Exercise of 59,259 awards 
                                   granted for nil consideration 
                                   on 10(th) April 2014 under 
                                   the Cambian Group plc IPO 
                                   Continuation Option Plan 
                                   No 1 
 
                                   (ii) Sale of 28,201 Ordinary 
                                   Shares to cover tax and 
                                   NI liability 
---  --------------------------  --------------------------------- 
 c)   Currency                    GBP 
---  --------------------------  --------------------------------- 
 d)   Price(s) and volume(s)      Price(s)            Volume(s) 
---  --------------------------  ------------------  ------------- 
                                  i) Nil              i) 59,259 
---  --------------------------  ------------------  ------------- 
                                  ii) 170 pence       ii) 28,201 
                                 ------------------  ------------- 
 
 e)   Aggregated information 
       - Aggregated volume          28,201 Shares 
       - Price                      170 pence 
       - Aggregated total           GBP47,941.70 
---  --------------------------  --------------------------------- 
 f)   Date of the transaction     07 July 2017 
---  --------------------------  --------------------------------- 
 g)   Place of the transaction    London Stock Exchange (XLON) 
---  --------------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------- 
 a)   Name                        David Turner 
---  --------------------------  --------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position/status             Group Property Director 
---  --------------------------  --------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                        Cambian Group plc 
---  --------------------------  --------------------------------- 
 b)   Legal Entity Identifier     213800DN7U5XDQL1Q343 
---  --------------------------  --------------------------------- 
 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          Ordinary shares of 1p each 
       financial instrument, 
       type of instrument 
                                   GB00BKXNB024 
       Identification code 
---  --------------------------  --------------------------------- 
 b)   Nature of the transaction   i) Exercise of 14,815 awards 
                                   granted for nil consideration 
                                   on 10(th) April 2014 under 
                                   the Cambian Group plc IPO 
                                   Continuation Option Plan 
                                   No 1 
 
                                   (ii) Sale of 14,815 Ordinary 
                                   Shares 
---  --------------------------  --------------------------------- 
 c)   Currency                    GBP 
---  --------------------------  --------------------------------- 
 d)   Price(s) and volume(s)      Price(s)             Volume(s) 
---  --------------------------  -------------------  ------------ 
                                  i) Nil               i) 14,815 
---  --------------------------  -------------------  ------------ 
                                  ii) 169.75 pence     ii) 14,815 
                                 -------------------  ------------ 
 
 e)   Aggregated information 
       - Aggregated volume          14,815 Shares 
       - Price                      169.75 pence 
       - Aggregated total           GBP25,148.46 
---  --------------------------  --------------------------------- 
 f)   Date of the transaction     07 July 2017 
---  --------------------------  --------------------------------- 
 g)   Place of the transaction    London Stock Exchange (XLON) 
---  --------------------------  --------------------------------- 
 
 
 
   Enquiries: 
 Cambian Group plc                  Tel: +44 (0) 20 8735 
                                     6150 
 Saleem Asaria, Chief Executive 
  Officer 
 Catherine Apthorpe, Company 
  Secretary 
 
 Numis (Sponsor and Joint           Tel: +44 (0) 20 7920 
  Corporate Broker)                  3150 
 Michael Meade 
 James Taylor 
 James Black 
 
 J.P. Morgan Cazenove (Joint         Tel: +44 (0) 20 
  Corporate Broker)                   7742 4000 
  James Mitford 
  Alex Bruce 
 
 Instinctif Partners (PR Adviser)   Tel: +44 (0) 20 7457 
                                     2020 
 Mark Garraway 
 James Gray 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 13, 2017 06:10 ET (10:10 GMT)

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