CPPGroup Plc Director/PDMR Shareholding (0269D)
April 21 2017 - 9:28AM
UK Regulatory
TIDMCPP
RNS Number : 0269D
CPPGroup Plc
21 April 2017
21 April 2017
CPPGroup Plc
Director/PDMR Shareholdings
CPPGroup Plc Long Term Incentive Plan
On 20 April 2017, options over ordinary shares of 1 penny each
in CPPGroup Plc ("CPP" or the "Company") were awarded to the
following Directors under the CPPGroup Plc Long Term Incentive Plan
2016 (the "Plan"):
1. Details of the person discharging managerial responsibilities/person
closely associated
----- ---------------------------------------------------------------------------
(a) Name (i) Jason Walsh
(ii) Justine Shaw
----- ------------------------------ -------------------------------------------
Reason for the notification
----- ---------------------------------------------------------------------------
(a) Position/status (i) Chief Executive Officer
(ii) Director
----- ------------------------------ -------------------------------------------
(b) Initial notification/ Initial notification
Amendment
----- ------------------------------ -------------------------------------------
3. Details of the issuer
----- ---------------------------------------------------------------------------
(a) Name CPPGroup Plc
----- ------------------------------ -------------------------------------------
(b) LEI 213800FRDE79FTQI4X25
----- ------------------------------ -------------------------------------------
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 1 penny each
Financial Instrument
----- ------------------------------ -------------------------------------------
(b) Identification code GB00B5W55H93
of the Financial
Instrument
----- ------------------------------ -------------------------------------------
(c) Nature of the transaction Award of share options
----- ------------------------------ -------------------------------------------
(d) Price(s) and volume(s) Price(s) Volume(s)
----------- ------------------------------
Jason Walsh N/A 6,340,580
----------------- ------------------------------
Justine Shaw N/A 1,268,116
----------------- ------------------------------
(e) Aggregated information
* Aggregated volume N/A
- Price
----- ------------------------------ -------------------------------------------
(f) Date of the transaction 20 April 2017
----- ------------------------------ -------------------------------------------
(g) Place of the transaction London Stock Exchange
----- ------------------------------ -------------------------------------------
No consideration was paid for the grant of the awards which are
structured as nil cost options.
The vesting of an award is subject to the satisfaction of
performance conditions set by the Remuneration Committee of the
Company. The awards will normally vest following the third
anniversary of the grant and the determination of the performance
conditions, and will then normally remain exercisable until the day
before the tenth anniversary of the date of the grant, provided the
individual remains an employee or officer of the Company.
Following the above awards, the Directors' total interest in
shares of the Company is as follows:
Ordinary shares Interests
held in unvested
shares under
incentive
plans
-------------- ---------------- --------------
Jason Walsh 50,000 6,340,580
-------------- ---------------- --------------
Justine Shaw 999,312 3,955,616
-------------- ---------------- --------------
The total number of options awarded under the Plan to the
Directors and certain other senior employees on this date was
14,924,374.
The total issued share capital of the Group as at the date of
this announcement is 856,480,830.
.
Enquiries:
CPPGroup Plc
Lorraine Beavis, Group Company Secretary
Tel: +44 (0)1904 545395
Nominated Adviser and Corporate Broker
Investec Bank plc
Sara Hale / James Rudd / Carlton Nelson
Tel: +44 (0)20 7597 5970
Media
Maitland
Neil Bennett; Daniel Yea
Tel: +44 (0)20 7379 5151
Notes to Editors
CPP provides a range of assistance based services to customers
in the UK & Ireland and in a number of international markets
across Asia, Europe and Latin America. The Company's core
propositions provide peace of mind for customers covering a range
of areas including lost and stolen credit cards, identity theft,
insurance of mobile devices, and passport assistance.
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
Registered number: 07151159
This information is provided by RNS
The company news service from the London Stock Exchange
END
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