Curtis Banks Group PLC Director/PDMR Shareholding (6204J)

TIDMCBP

RNS Number : 6204J

Curtis Banks Group PLC

29 June 2017

Curtis Banks Group plc

(the "Company")

Director/PDMR Option Grant

The Company announces that it has awarded share options to employees under its Company Share Options Plan.

PDMR transaction disclosures required under the Market Abuse Regulation are as summarised below:

 
1.  Details of PDMR / person closely associated with them ('PCA') 
a)  Name                                                      William Arthur Self 
2.  Reason for the notification 
a)  Position / status                                         Executive Director 
b)  Initial notification / amendment                          Initial notification 
3.  Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
a)  Name                                                      Curtis Banks Group plc 
b)  LEI 
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 financial instrument, type of          Options over ordinary shares with a nominal value of 0.5 
    financial instrument                                      pence each at an exercise price of 
    Identification Code                                       GBP2.60 per share. 
 
                                                              The options will vest 33 months from the grant date. 
                                                              Vesting is conditional on the achievement 
                                                              of certain performance conditions determined by the 
                                                              percentage growth of the adjusted EPS 
                                                              of the Company over the vesting period. No options will 
                                                              vest if the average annual growth 
                                                              is below RPI+2% and all the options will vest if average 
                                                              annual growth of RPI+8% is achieved 
b)  Nature of the transaction                                 Will Self has been awarded share options over 535,996 
                                                              ordinary shares under the Company Share 
                                                              Options Plan. 
c)  Price(s) and volume(s)                                    Exercise Price(s)   Volume(s) 
                                                               GBP2.60             535,996 
d)  Aggregated information                                    Aggregated volume: 535,996 
     Aggregated volume                                         Aggregated price: n/a 
     Price 
e)  Date of the transaction                                   2017-26-06 
f)  Place of the transaction                                  London Stock Exchange 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 29, 2017 09:30 ET (13:30 GMT)