CYBG PLC Director/PDMR Shareholding (9690A)

TIDMCYBG TIDM11IO

RNS Number : 9690A

CYBG PLC

03 June 2019

CYBG PLC

(Company)

3 June 2019

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs) AND PERSONS CLOSELY ASSOCIATED WITH THEM

The Company announces that on 31 May 2019, Gavin Opperman, a PDMR, received ordinary shares in CYBG PLC and sold a portion of the shares received to cover the respective tax liabilities and sale costs. The shares released relate to the additional 2015 demerger awards granted in May 2016 under the CYBG Deferred Equity Plan. The remaining tranches of shares granted in February 2016 and May 2016 as part of Mr Opperman's 2015 demerger awards will be released in August 2019 and December 2019 respectively.

This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Gavin Opperman 
     --------------------------  ----------------------------------------- 
 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 the          Ordinary shares of GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Release of the 2015 demerger awards 
                                   under the CYBG PLC Deferred Equity 
                                   Plan (including Dividend Equivalents). 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)              Price(s)            Volume(s) 
                                     (1)   Nil-consideration   28,759 
                                          ------------------  ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     All transactions took place on 31 May 
                                   2019 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 5    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 GBP0.10 each 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00BD6GN030 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   (2) Shares sold to cover tax liabilities 
                                   and sale costs 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)              Price(s)   Volume(s) 
                                     (2)   GBP1.82    13,565 
                                          ---------  ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     All transactions took place on 31 May 
                                   2019 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London / London Stock Exchange (LON:LSE) 
     --------------------------  ----------------------------------------- 
 

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.

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June 03, 2019 08:39 ET (12:39 GMT)