TIDMCYBG TIDM11IO

RNS Number : 3254L

CYBG PLC

21 December 2018

CYBG PLC

(Company)

21 December 2018

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBLITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

2018 Long Term Incentive Plan Awards

The Company announces that on 20 December 2018 the following Directors and PDMRs were granted the awards noted below under the CYBG PLC Long Term Incentive Plan (LTIP).

The number of rights awarded was based on the middle market share price the day prior to grant being GBP1.897, discounted to reflect the absence of dividend equivalents during the deferral period.

The 2018 LTIP share bonus awards in the form of rights to acquire CYBG PLC Ordinary Shares of GBP0.10 each, subject to a three-year performance period with vesting between the third and seventh anniversary of the award, on a pro-rata basis.

Summary of Awards

 
 Executive Directors    Number of shares awarded 
                         under the 2018 LTIP 
 David Duffy                   1,142,421 
                       ------------------------- 
 Ian Smith                      567,983 
                       ------------------------- 
 
 
 PDMRs                 Number of shares awarded 
                        under the 2018 LTIP 
 Kate Guthrie                  332,689 
                      ------------------------- 
 Fraser Ingram                 104,095 
                      ------------------------- 
 Enda Johnson                  259,823 
                      ------------------------- 
 Fergus Murphy                 379,516 
                      ------------------------- 
 Gavin Opperman                487,949 
                      ------------------------- 
 Helen Page                    305,420 
                      ------------------------- 
 James Peirson                 222,705 
                      ------------------------- 
 Mark Thundercliffe            406,624 
                      -------------------------

This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        David Duffy 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             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                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897    1,142,421 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Ian Smith 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             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                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP 
                                   under the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     567,983 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Kate Guthrie 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP 
                                   under the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     332,689 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
     --------------------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Fraser Ingram 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 

     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     104,095 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Enda Johnson 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     259,823 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Fergus Murphy 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     379,516 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Gavin Opperman 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     487,949 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Helen Page 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 

       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     305,420 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        James Peirson 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     222,705 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Mark Thundercliffe 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        CYBG PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ZK9VGCYYR6O495 
     --------------------------  ----------------------------------------- 
 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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Grant in relation to the 2018 LTIP under 
                                   the LTIP 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.897     406,624 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     20 December 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  -----------------------------------------

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