CYBG PLC Director/PDMR Shareholding (3562R)

TIDMCYBG TIDM11IO

RNS Number : 3562R

CYBG PLC

20 September 2017

CYBG PLC

(Company)

LEI: 213800ZK9VGCYYR6O495

20 September 2017

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

The Company announces that on 20 September 2017 the following Person Discharging Managerial Responsibility (PDMR) received ordinary shares in CYBG PLC and upon vesting a portion of shares was automatically sold in order to cover their tax liabilities and sale costs. The shares released relate to the first third of the 2017 Commencement Award under the CYBG Deferred Equity Plan (Plan) which was granted on 9 March 2017.

 
 Director                 Number of Shares                                       Purchase Price 
-----------------------  -----------------------------------------------------  ---------------------------------- 
 Mark Thundercliffe       12630                                                  Nil 
-----------------------  -----------------------------------------------------  ---------------------------------- 
 
 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                                         Ordinary shares of GBP0.10 
                       the financial                                          each 
                       instrument, type 
                       of instrument 
 
                       Identification                                         GB00BD6GN030 
                       code 
-------------------  -----------------------------------------------------  -------------------------------------- 
 b)                   Nature of the                                          (1) Release of first third 
                       transaction                                           of the 2017 Commencement Award 
                                                                             under the CYBG Deferred Equity 
                                                                             Plan 
-------------------  -----------------------------------------------------  -------------------------------------- 
 c)                   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                               ----  ---------  ---------- 
                                                                                (1)   Nil 
                                                                               ----  ---------  ---------- 
-------------------  -----------------------------------------------------  -------------------------------------- 
 d)                   Aggregated information 
 
 
                       - Aggregated volume                                     N/A 
 
 
                       - Price                                                 N/A 
-------------------  -----------------------------------------------------  -------------------------------------- 
 e)                   Date of the transaction                                20 September 2017 
-------------------  -----------------------------------------------------  -------------------------------------- 
 f)                   Place of the transaction                               London / London Stock Exchange 
                                                                              (LON:LSE) 
-------------------  -----------------------------------------------------  -------------------------------------- 
 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 GBP0.10 
                       the financial                                            each 
                       instrument, type 
                       of instrument 
 
                       Identification                                           GB00BD6GN030 
                       code 
-------------------  -------------------------------------------------------  ------------------------------------ 
 b)                   Nature of the                                            (2) Upon vesting a portion 
                       transaction                                              of shares was automatically 
                                                                                sold in order to cover their 
                                                                                tax liabilities and sale costs 
-------------------  -------------------------------------------------------  ------------------------------------ 
 c)                   Price(s) and volume(s)                                           Price(s)   Volume(s) 
                                                                                 ----  ---------  ---------- 
                                                                                  (2)   GBP2.938   5957 
                                                                                 ----  ---------  ---------- 
-------------------  -------------------------------------------------------  ------------------------------------ 
 d)                   Aggregated information                                   N/A 
 
 
                       - Aggregated volume 
 
 
                       - Price 
-------------------  -------------------------------------------------------  ------------------------------------ 
 e)                   Date of the transaction                                  20 September 2017 
-------------------  -------------------------------------------------------  ------------------------------------ 
 f)                   Place of the transaction                                 London / London Stock Exchange 
                                                                                (LON:LSE) 
-------------------  -------------------------------------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 20, 2017 13:09 ET (17:09 GMT)