TIDMCVSG

RNS Number : 0584Y

CVS Group plc

28 February 2017

28 February 2017

CVS Group plc

("CVS" or the "Company")

Purchase of Shares by Employee Benefit Trust

CVS, one of the UK's leading providers of integrated veterinary services for small and large animals, announces that the Company's Employee Benefit Trust ("EBT") has purchased a total of 195,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares") (the "Purchase").

The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries. The Purchase by the EBT, which was funded by a loan from the Company, has reduced the potential requirement for the Company to issue new Ordinary Shares to satisfy shares due to employees under the Company's annual SAYE schemes. The EBT now holds 195,000 Ordinary Shares representing 0.31% of the issued ordinary share capital of the Company.

Contacts:

 
 CVS Group plc                    Tel: 01379 644 
  Simon Innes, Chief Executive               288 
  Nick Perrin, Finance Director 
 N+1 Singer (Nominated Adviser     Tel: 020 7496 
  & Broker)                                 3000 
  Aubrey Powell 
  Liz Yong 
  James Hopton

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

February 28, 2017 05:30 ET (10:30 GMT)

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