CPPGroup Plc Director/PDMR Shareholding (6879W)

TIDMCPP

RNS Number : 6879W

CPPGroup Plc

02 January 2014

31 December 2013

CPPGroup Plc

Director/PDMR Shareholding

This notification is made in accordance with DTR 3.1.4(1)(a).

On 31 December 2013, awards over ordinary shares of 10p each in CPPGroup Plc (the "Company") were made to certain Directors and other persons discharging managerial responsibilities ("PDMRs") under the CPPGroup Long Term Incentive Plan 2010, as follows:

 
 Name of Director/PDMR    Number of shares under award 
-----------------------  ----------------------------- 
 Brent Escott                                1,150,000 
-----------------------  ----------------------------- 
 Craig Parsons                                 600,000 
-----------------------  ----------------------------- 
 Angel de Leon                                 250,000 
-----------------------  ----------------------------- 
 Kim Eyre                                      200,000 
-----------------------  ----------------------------- 
 Lucy Metcalfe                                 200,000 
-----------------------  ----------------------------- 
 Justine Shaw                                  200,000 
-----------------------  ----------------------------- 
 Ian Craig                                     200,000 
-----------------------  ----------------------------- 
 Ivo Gomez                                     200,000 
-----------------------  ----------------------------- 
 

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 on the later of the third anniversary of 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 grant provided the individual remains an employee or officer of the Group.

The Company was informed of the above transactions on 31 December 2013.

For Enquiries Contact:

Lorraine Beavis

Group Company Secretary

Telephone: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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