CVS Group plc Exercise of Options, Directors' dealings and TVR (3348I)
March 20 2018 - 10:06AM
UK Regulatory
TIDMCVSG
RNS Number : 3348I
CVS Group plc
20 March 2018
20 March 2018
CVS Group plc
("CVS" or the "Company")
Exercise of Options, Director/PDMR and PCA Dealing and Total
Voting Rights
CVS, the UK's leading provider of veterinary services, announces
that on 16 March 2018 Simon Innes, Chief Executive Officer,
together with certain other employees of the Company exercised
options at 296 pence per share over an aggregate of 8,269 ordinary
shares of 0.2 pence each in the Company (the "SAYE Shares")
("Ordinary Shares") in connection with the Company's December 2014
- December 2017 (January 2018 Maturity) Save As You Earn
Scheme.
Simon Innes, exercised options over 6,081 Ordinary Shares,
subsequent to which on 20 March 2018, the Company was notified that
on 16 March 2018, Simon Innes sold 3,040 Ordinary Shares at a price
of 1,065 pence per Ordinary Share. Also on 16 March 2018 Mr Innes
transferred, conditional upon the issue of the SAYE Shares, 3,041
Ordinary Shares to his wife, Shirley Innes, a Person Closely
Associated ("PCA") of Mr Innes.
As a result, Mr Innes' total interest in the Company, including
his wife's holding, has increased to 255,266 Ordinary Shares,
representing 0.36 per cent of the total voting rights of the
Company.
In addition, the Company announces that on 20 March 2018 Mike
McCollum, Non-Executive Director of the Company, sold 38,677
Ordinary Shares at a price of 1,020 pence per Ordinary Share. As a
result Mr McCollum holds 38,678 Ordinary Shares, representing less
0.06 per cent of the total voting rights of the Company.
The SAYE Shares rank pari passu with all existing Ordinary
Shares. The issue of the SAYE Shares took place on 19 March 2018
and has been satisfied via the Company's block listing which was
announced on 19 December 2017.
Following issue of the SAYE Shares, the Company's total issued
share capital will consist of 70,308,726 Ordinary Shares with one
voting right per share. The Company does not hold any Ordinary
Shares in Treasury. Therefore, following the issue of the SAYE
Shares, the total number of voting rights in the Company is
70,308,726. 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 and
Transparency Rules.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
Contacts: Tel: 01379
CVS Group plc 644 288
Simon Innes, Chief Executive
Nick Perrin, Finance Director
N+1 Singer (Nominated Adviser Tel: 020 7496
& Broker) 3000
Aubrey Powell
Liz Yong
James Hopton
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------------
a) Name Simon Innes
--- ------------------------- -------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------
a) Position/status Chief Executive
--- ------------------------- -------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- -------------------------------------------
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 Ordinary Shares of 0.2 pence
the financial each
instrument, type
of instrument
GB00B2863827
Identification
code
--- ------------------------- -------------------------------------------
b) Nature of the
transaction i. Option Exercise
ii. Sale of Ordinary Shares
by a PDMR
iii. Transfer of Ordinary
Shares by a PDMR to a PCA
--- ------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------------------- -----------------
i. 296 pence i. 6,081
ii. 1,065 pence ii. 3,040
iii. Nil iii. 3,041
---------------------- -----------------
--- ------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- -------------------------------------------
e) Date of the transaction
i. 16 March 2018
ii. 16 March 2018
iii. 16 March 2018
--- ------------------------- -------------------------------------------
f) Place of the transaction
i. Outside of trading venue
ii. London Stock Exchange
(XLON)
iii. Outside of trading venue
--- ------------------------- -------------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Shirley Innes
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status PCA of Simon Innes
--- ------------------------- ----------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ----------------------------------
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 Ordinary Shares of 0.2 pence
the financial each
instrument, type
of instrument
GB00B2863827
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the
transaction Receipt of transfer to Ordinary
Shares by a PDMR to a PCA
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
296 pence 3,041
----------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- ----------------------------------
e) Date of the transaction 16 March 2018
--- ------------------------- ----------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------
a) Name Mike McCollum
--- ------------------------- -----------------------------
2 Reason for the notification
--- --------------------------------------------------------
a) Position/status Non-executive director
--- ------------------------- -----------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- -----------------------------
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 Ordinary Shares of 0.2 pence
the financial each
instrument, type
of instrument
GB00B2863827
Identification
code
--- ------------------------- -----------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
1,020 pence 38,677
------------- ----------
--- ------------------------- -----------------------------
d) Aggregated information
- Aggregated volume
n/a
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 20 March 2018
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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