CVS Group plc Exercise of Options, Director/PCA Dealing & TVR (3492V)

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RNS Number : 3492V

CVS Group plc

27 January 2017

27 January 2017

CVS Group plc

("CVS" or the "Company")

Exercise of Options, Director/PDMR and PCA Dealing and Total Voting Rights

CVS, one of the UK's leading provider of integrated veterinary services for small and large animals, announces that, Nick Perrin, Finance Director of the Company, and certain employees of the Company have exercised options at 215 pence per share over an aggregate of 186,189 ordinary shares of 0.2 pence each in the Company (the "SAYE Shares"), in connection with the Company's 2013/2016 Save As You Earn Scheme.

The 186,189 SAYE Shares comprise 92,281 Ordinary Shares issued on 13 January 2017, 58,503 Ordinary Shares issued on 19 January 2017 and 35,405 Ordinary Shares issued on 26 January 2017.

Nick Perrin, exercised options over 4,186 ordinary shares of 0.2p each in the Company ("Ordinary Shares"), subsequent to which on 27 January 2017, the Company was notified that on that date, Nick Perrin sold 1,950 Ordinary Shares at a price of 1,042p per Ordinary Share. Also on 27 January 2017, Mr Perrin transferred 1,950 Ordinary Shares to his wife, Julia Therese Perrin, a Person Closely Associated ("PCA") of Mr Perrin. On 27 January 2017, Mrs Perrin subsequently sold 1,950 Ordinary Shares at a price of 1,042p per Ordinary Share.

Mr Perrin's total interest in the Company is now 28,286 Ordinary Shares, representing 0.04 per cent. of the total voting rights of the Company.

The SAYE Shares rank pari passu with all existing Ordinary Shares. The issue of the SAYE Shares has been satisfied via the Company's block listing which was announced on 19 December 2016.

Following issue of the SAYE Shares, the Company's total issued share capital will consist of 63,829,560 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, following the issue of SAYE Shares, the total number of voting rights in the Company is 63,829,560. 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.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Contacts:

 
 CVS Group plc                    Tel: [phone] 
  Simon Innes, Chief Executive               288 
  Nick Perrin, Finance Director 
 N+1 Singer (Nominated Adviser     Tel: [phone] 
  & Broker)                                 3000 
  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                       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 
                                  GB00B2813827 
       Identification 
       code 
---  -------------------------  ------------------------------------------ 
 b)   Nature of the                   (i) Option Exercise 
       transaction                     (ii) Sale of Ordinary Shares 
                                       by a PDMR 
                                       (iii) Transfer of Ordinary 
                                       Shares by a PDMR to a PCA 
---  -------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)             Volume(s) 
                                   -------------------  ------------------ 
                                         (i) 215 pence        (i) 4,186 
                                          (ii) 1,042           (ii) 1,950 
                                           pence 
                                          (iii) Nil            (iii) 1,950 
                                   -------------------  ------------------ 
---  -------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
       - Aggregated volume         n/a 
 
 
       - Price 
---  -------------------------  ------------------------------------------ 
 e)   Date of the transaction         (i) 26 January 2017 
                                       (ii) 27 January 2017 
                                       (iii) 27 January 2017 
---  -------------------------  ------------------------------------------ 
 f)   Place of the transaction        (i) Outside of trading venue 
                                       (ii) London Stock Exchange 
                                       (XLON) 
                                       (iii) Outside of trading 
                                       venue 
---  -------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name                       Julia Therese Perrin 
---  -------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------------- 
 a)   Position/status            PCA of Nick Perrin 
---  -------------------------  ----------------------------------------- 
 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                   (i) Receipt of transfer of 
       transaction                     Ordinary Shares by a PDMR 
                                       to a PCA 
                                       (ii) Sale of Ordinary Shares 
                                       by a PCA 
---  -------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)             Volume(s) 
                                   -------------------  ----------------- 
                                         (i) Nil pence        (i) 1,950 
                                          (ii) 1,042           (ii) 1,950 
                                           pence 
                                   -------------------  ----------------- 
---  -------------------------  ----------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         n/a 
 
 
       - Price 
---  -------------------------  ----------------------------------------- 
 e)   Date of the transaction         (i) 27 January 2017 
                                       (ii) 27 January 2017 
---  -------------------------  ----------------------------------------- 
 f)   Place of the transaction        (i) Outside of trading venue 
                                       (ii) London Stock Exchange 
                                       (XLON) 
---  -------------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 27, 2017 06:27 ET (11:27 GMT)