TIDMCVSG

RNS Number : 6472U

CVS Group plc

24 November 2023

24 November 2023

CVS Group plc

("CVS" or the "Company")

Grant of Options under CVS Group plc SAYE Option Scheme & PDMR Dealing

CVS Group plc (the "Company") announces that as part of its 2023/2024 Save As You Earn share scheme (the "SAYE Scheme"), which is open to all employees of the Group, the Executive Directors and the person closely associated (PCA) named below have elected to participate in the SAYE Scheme and have been granted SAYE Scheme options as follows:

   Richard Fairman                                                      550 SAYE scheme options 
   Robin Alfonso                                                          550 SAYE scheme options 
   Ben Jacklin                                                               517 SAYE scheme options 

Katherine Jacklin (PCA to Ben Jacklin) 550 SAYE scheme options

Eligible employees were invited to subscribe for options over the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") with an exercise price of 1,146 pence per share, representing a 20% discount to the average closing middle market price for the three dealing days prior to 1 November 2023, being the invitation date.

In response to accepted invitations, a total of 558,994 SAYE Scheme options over Ordinary Shares were granted on 24 November 2023, equating to 0.79% of the current issued ordinary share capital. Subject to the rules of the SAYE Scheme, these options will be capable of exercise from the maturity date on 1 January 2027.

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

 
 Contacts: 
 
 

CVS Group plc via Camarco

Richard Fairman, CEO

Scott Morrison Group Company Secretary

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

Adrian Trimmings / Michael Burke / Andrew Clark / Lalit Bose

Berenberg (Joint Broker) +44 (0)20 3207 7800

Toby Flaux / Ben Wright / Ciaran Walsh / Milo Bonser

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               GB00B2863827 
       code 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Grant of Options under the SAYE Scheme. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)          Volume(s) 
                                     Exercise price 
                                      of 1,146p         550 
                                                      ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
        *    Aggregated volume 
 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      24 November 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               GB00B2863827 
       code 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Grant of Options under the SAYE Scheme. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)          Volume(s) 
                                     Exercise price 
                                      of 1,146p         550 
                                                      ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
        *    Aggregated volume 
 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      24 November 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               GB00B2863827 
       code 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Grant of Options under the SAYE Scheme. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)          Volume(s) 
                                     Exercise price 
                                      of 1,146p         517 
                                                      ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
        *    Aggregated volume 
 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      24 November 2023 
     ---------------------------  ------------------------------------------ 
 f)   Place of the transaction     Off market 
     ---------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Katherine Jacklin 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              PCA to Deputy CEO Ben Jacklin 
     ---------------------------  ------------------------------------------ 
 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               GB00B2863827 
       code 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Grant of Options under the SAYE Scheme. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)          Volume(s) 
                                     Exercise price 
                                      of 1,146p         550 
                                                      ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
        *    Aggregated volume 
 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      24 November 2023 
     ---------------------------  ------------------------------------------ 
 f)   Place of the transaction     Off market 
     ---------------------------  ------------------------------------------ 
 

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