TIDMCVSG

RNS Number : 2305O

CVS Group plc

29 September 2023

For Immediate Release 29 September 2023

CVS GROUP plc

("CVS", the "Company" or the "Group")

Long Term Incentive Plan Awards and PDMR Dealing

CVS, one of the UK's leading providers of integrated veterinary services, announces that it has granted option awards over a total of 140,647 of the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under the CVS Group Long Term Incentive Plan 2023 ("LTIP 17") (the "Options"). Certain of the Options were awarded to the Directors named below, with the balance being issued to certain other employees.

Name Role Number of Options

   Richard Fairman Chief Executive Officer                           34,419 
   Ben Jacklin                          Deputy CEO                                             23,757 
   Robin Alfonso                     Chief Financial Officer                            17,884 

The awards will vest in three years' time, subject to performance criteria being satisfied. These vesting criteria relate to the Company's earnings per share growth and total shareholder return over the three-year period between 1 July 2023 and 30 June 2026.

The noti fication below, made in accordance with the requirements of UK MAR, provides further detail.

Contacts

CVS Group plc via Camarco

Richard Fairman, CEO

Scott Morrison, Company Secretary

Peel Hunt LLP (Nominated Adviser & Broker) +44 (0)20 7418 8900

Adrian Trimmings / Michael Burke / Andrew Clark / Lalit Bose

Camarco (Financial PR)

Geoffrey Pelham-Lane +44 (0)7733 124 226

Ginny Pulbrook +44 (0)7961 315 138

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                         Richard Fairman 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              Chief Executive Officer 
     ---------------------------  ------------------------------------------ 
 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               Options over Ordinary shares of 0.2 pence 
       the financial instrument,    each 
       type of instrument 
 
       Identification 
       code                         GB00B2863827 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Grant of Options under LTIP 17. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)          Volume(s) 
                                     Exercise price 
                                      of 0.2p          34,419 
                                                      ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information 
                                     N/A 
        *    Aggregated volume 
 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      29 September 2023 
     ---------------------------  ------------------------------------------ 
 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              Deputy CEO 
     ---------------------------  ------------------------------------------ 
 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               Options over Ordinary shares of 0.2 pence 
       the financial instrument,    each 
       type of instrument 
 
       Identification 
       code                         GB00B2863827 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Grant of Options under LTIP 17. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)          Volume(s) 
                                     Exercise price 
                                      of 0.2p          23,757 
                                                      ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information 
                                     N/A 
        *    Aggregated volume 
 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      29 September 2023 
     ---------------------------  ------------------------------------------ 
 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         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               Options over Ordinary shares of 0.2 pence 
       the financial instrument,    each 
       type of instrument 
 
       Identification 
       code                         GB00B2863827 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Grant of Options under LTIP 17. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)          Volume(s) 
                                     Exercise price 
                                      of 0.2p          17,884 
                                                      ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information 
                                     N/A 
        *    Aggregated volume 
 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      29 September 2023 
     ---------------------------  ------------------------------------------ 
 f)   Place of the transaction     Off market 
     ---------------------------  ------------------------------------------ 
 

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END

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