9 Jun 2022 16:48
9 June 2022
Curtis Banks Group plc
("Curtis Banks" or the "Group")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs")
On 7 June 2022, the Company has granted options to the following PDMRs under the Curtis Banks Group Plc 2022 Sharesave Scheme ("SAYE scheme").
Under the terms of the SAYE Scheme, the following PDMRs are committed to making contributions over a three-year period. As at 1 August 2025 (the maturity date) these accumulated funds can then be withdrawn from the SAYE Scheme as cash or used to exercise options over Ordinary Shares of 0.5p par value in the Company ('Ordinary Shares') which have been granted at 208 pence per Ordinary Share in accordance with the terms of the SAYE Scheme. Assuming full participation in the SAYE Scheme, the PDMRs will have an option over the number of shares in the Company set out in the table below.
Name of PDMR | Number of Ordinary Shares over which the option is held |
Will Self | 8,653 |
Dan Cowland | 4,326 |
Jaynie Vincent | 3,461 |
The transactions were notified to the Company by the PDMRs on 31 May 2022.
The announcement, including the notification(s) below, is made in accordance with the requirements of the Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name | 1. Will Self 2. Dan Cowland 3. Jaynie Vincent | ||||
2
| Reason for the notification
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a)
| Position/status | 1. Chief Executive Officer 2. Chief Financial Officer 3. Group People Officer | ||||
b)
| Initial notification /Amendment | Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name | Curtis Banks Group Plc | ||||
b)
| LEI | 213800LYP7YTVDXRMP40 | ||||
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
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a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 0.5 pence each
ISIN: GB00BW0D4R71
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b)
| Nature of the transaction | Grant of options to acquire shares under the Curtis Banks Group Plc 2022 Sharesave Scheme. | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information
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e)
| Date of the transaction | 7 June 2022 | ||||
f)
| Place of the transaction | London Stock Exchange | ||||
For more information, please contact:
Curtis Banks Group PLC | Via Instinctif Partners |
Will Self - Chief Executive Officer |
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Dan Cowland - Chief Financial Officer |
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Peel Hunt LLP (Nominated Adviser & Joint Broker) | +44 (0)20 7418 8900 |
James Britton |
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Rishi Shah |
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Singer Capital Markets (Joint Broker) | +44 (0)20 7496 3000 |
Mark Taylor |
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Rachel Hayes |
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Instinctif Partners (Financial PR) | curtisbanks@instinctif.com |
Mark Walter | +44 (0)20 7457 2020 |
Joe Quinlan |