CPPGroup Plc Director/PDMR Shareholding (6187X)

TIDMCPP

RNS Number : 6187X

CPPGroup Plc

30 April 2019

30 April 2019

CPPGroup Plc ("CPP" or the "Company")

Director/PDMR Shareholdings

CPPGroup Plc Long Term Incentive Plan

On 29 April 2019, options over ordinary shares of 1 penny each in CPP ("Ordinary Shares") were awarded to the following Directors under the CPPGroup Plc Long Term Incentive Plan 2016 (the "Plan"):

 
                 Award of Ordinary   Resultant 
                  Shares under        interests 
                  the Plan            in unvested 
                                      Ordinary Shares 
                                      under incentive 
                                      plans 
 Jason Walsh        10,525,190          21,501,233 
                ------------------  ----------------- 
 Oliver Laird        3,883,079          6,865,855 
                ------------------  ----------------- 
 Justine Shaw        3,683,816          9,261,844 
                ------------------  ----------------- 
 

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.

TOTAL VOTING RIGHTS

In conformity with the Financial Conduct Authority's Disclosure and Transparency Rule 5.6.1(R), the Company would like to notify the market of the following.

As at 29 April 2019 the Company's capital consisted of 862,030,154 Ordinary Shares. All of these shares carry voting rights of one vote per share. The Company does not hold any shares in treasury.

The above 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 and Transparency Rules.

 
 1.     Details of the person discharging managerial responsibilities/person 
         closely associated 
 (a)    Name                                 (i) Jason Walsh 
                                              (ii) Oliver Laird 
                                              (iii) Justine Shaw 
       ------------------------------  ------------------------------------------- 
        Reason for the notification 
       --------------------------------------------------------------------------- 
 (a)    Position/status                      (i) Chief Executive Officer 
                                              (ii) Chief Financial Officer 
                                              (iii) People & Culture 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                                 10,525,190 
 ------------------------------  -----------------  ------------------------------ 
  Oliver Laird                    N/A                                 3,883,079 
 ------------------------------  -----------------  ------------------------------ 
  Justine Shaw                    N/A                                 3,683,816 
 ------------------------------  -----------------  ------------------------------ 
 (e)    Aggregated information 
          *    Aggregated volume          18,092,085 
                                          N/A 
 
         - Price 
       ------------------------------  ------------------------------------------- 
 (f)    Date of the transaction                    29 April 2019 
       ------------------------------  ------------------------------------------- 
 (g)    Place of the transaction        London Stock Exchange 
       ------------------------------  ------------------------------------------- 
 

Enquiries:

CPPGroup Plc

Lorraine Beavis, Group Company Secretary

Tel: [phone]

Nominated Adviser and Corporate Broker

Investec Bank plc

Sara Hale / James Rudd / Carlton Nelson

Tel: [phone]

About CPP

CPP Group is a partner focused, global product and services company, specialising in the financial services and insurance markets. We use our local knowledge from 12 country markets within Asia, Europe and Central America to provide our business partners with technology-led product, marketing and distribution expertise that deliver commercial benefits and bring meaningful solutions to over 8 million end customers worldwide.

CPP's diverse range of insurance and assistance products can be designed to suit the bespoke needs of our business partners through providing their customers with peace of mind by reducing the stresses of everyday life, ranging from protection of mobile phones, payment cards and household belongings to keeping travel plans moving and the monitoring of compromised personal data.

For more information on CPP visit international.cppgroup.com

REGISTERED OFFICE

CPPGroup Plc

6 East Parade

LEEDS

LS1 2AD

Registered number: 07151159

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHWGUMWCUPBGCU

(END) Dow Jones Newswires

April 30, 2019 10:39 ET (14:39 GMT)