CVS Group plc Exercise of Options, Directors' Dealing and TVR (4928N)
October 26 2016 - 2:50AM
UK Regulatory
TIDMCVSG
RNS Number : 4928N
CVS Group plc
26 October 2016
26 October 2016
CVS Group plc
("CVS" or the "Company")
Exercise of Options, Directors' Dealing and Total Voting
Rights
CVS, the UK's leading provider of integrated veterinary
services, announces that on 24 October 2016, Simon Innes and Nick
Perrin, Chief Executive and Finance Director of the Company
respectively, together with certain other employees of the Company,
exercised options at 0.2 pence per share over an aggregate of
392,800 ordinary shares of 0.2 pence each in the Company (the "New
Shares"), under the CVS Group Long Term Incentive Plan 2013/2016.
Simon Innes exercised options over 121,200 ordinary shares of 0.2p
each in the Company ("Ordinary Shares") and Nick Perrin exercised
options over 92,400 Ordinary Shares.
Application has been made for the New Shares, which rank pari
passu in all respects with the Company's existing Ordinary Shares,
to be admitted to trading on AIM which is expected to occur on or
around 31 October 2016.
Following the issue of the New Shares, the Company's total
issued share capital will consist of 60,392,823 Ordinary Shares
with one voting right per share. The Company does not hold any
Ordinary Shares in Treasury. Therefore, following the issue of the
New Shares, the total number of voting rights in the Company will
be 60,392,823. 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 Guidance and
Transparency Rules.
On 24 October 2016, the Company was notified that, on that date,
Simon Innes sold 121,200 Ordinary Shares at a price of 875p per
Ordinary Share. Following the exercise and the sale, Simon Innes
remains interested in 246,475 Ordinary Shares in the Company,
representing 0.41 per cent of the total voting rights of the
Company following the issue of the New Shares. The Company was also
notified on 24 October 2016 that on that date, Nick Perrin sold
76,400 Ordinary Shares at a price of 875p per Ordinary Share.
Following the exercise and partial sale, Nick Perrin is interested
in 28,000 Ordinary Shares in the Company, representing 0.05 per
cent of the total voting rights of the Company following the issue
of the New Shares.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
Contacts:
CVS Group plc Tel: 01379 644 288
Simon Innes, Chief Executive
Nick Perrin, Finance Director
N+1 Singer (Nominated Adviser Tel: 020 7496 3000
& Broker)
Aubrey Powell
Liz Yong
James Hopton
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 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 Option Exercise
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
0.2 pence 121,200
----------- ----------
--- ------------------------- -----------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 24 October 2016
--- ------------------------- -----------------------------
f) Place of the transaction Off market
--- ------------------------- -----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------
a) Name Nick Perrin
--- ------------------------- -----------------------------
2 Reason for the notification
--- --------------------------------------------------------
a) Position/status Finance 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 Option Exercise
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
0.2p 76,400
--------- ----------
--- ------------------------- -----------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 24 October 2016
--- ------------------------- -----------------------------
f) Place of the transaction Off market
--- ------------------------- -----------------------------
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 Sale of ordinary shares
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
875 pence 121,200
----------- ----------
--- ------------------------- -----------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 24 October 2016
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------
a) Name Nick Perrin
--- ------------------------- -----------------------------
2 Reason for the notification
--- --------------------------------------------------------
a) Position/status Finance 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)
----------- ----------
875 pence 76,400
----------- ----------
--- ------------------------- -----------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 24 October 2016
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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October 26, 2016 03:50 ET (07:50 GMT)