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Last checked at 
26 Jun 2015 07:00
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26 June 2015
CPPGroup plc
Director Shareholdings
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On 25 June 2015, under the terms of a new share incentive scheme, the CPGroup Share Matching Plan (the "Plan"), 3,000,000 ordinary shares of 1p each in CPPGroup Plc (the "Company") were acquired by Mr Stephen Callaghan. Consideration of 3 pence per share was paid for these shares (the "Investment Shares")
Under the terms of the Plan, for each Investment Share purchased, the participant is awarded options over three "Matching Shares", with an exercise price of 1p per share. Accordingly, on the same date, Mr Callaghan was awarded options over 9,000,000 1p ordinary shares in the capital of the Company.Β These options are designed to support the business strategy by aligning management incentives to the creation of sustainable shareholder value.
The options will vest over a three-year period as follows:
Vesting Date | Proportion of award to vest |
First anniversary of grant date | 25% |
Second anniversary of grant date | 25% |
Third anniversary of grant date | 50% |
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Following the above acquisitions and awards, Mr Callaghan's' total interest in the Company's shares is as follows:
Ordinary shares held | 3.000,000 |
Interests in unvested shares under incentive plans | 9,000,000 |
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The total number of shares purchased under the Plan is 8,550,000, and the total options awarded over Matching Shares 25,650,000.
The total issued share capital of the Group, following the above purchases is 846,898,328.
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Enquiries:
CPPGroup Plc
Lorraine Beavis, Group Company Secretary
Tel: +44 (0)1904 545395
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Nominated Adviser and Broker
Numis Securities Limited: Robert Bruce; Stuart Skinner; Charles Farquhar
Tel: +44 (0)20 7260 1000
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Media
Tulchan Communications: Martin Robinson
Tel: +44 (0)20 7353 4200
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Notes to Editors
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CPPGroup Plc (CPP or the Group) is an international assistance business operating in the UK and overseas. CPP primarily operates a business-to-business-to-consumer (B2B2C) business model providing products and services to customers through Business Partners and direct to consumer. The Group's core assistance products help to provide security and are designed to make everyday life easier to manage.
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As announced on 15 April 2015, Stephen Callaghan's appointment as interim Chief Executive Officer is pending regulatory approval.
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For more information on CPP visit www.cppgroupplc.com
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REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
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Registered number: 07151159
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