Last checked at 30 Apr 2019 15:39
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 Shares under the Plan | Resultant interests 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/ Amendment | Initial notification | |
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 Financial Instrument | Ordinary shares of 1 penny each | |
(b) | Identification code of the Financial Instrument | GB00B5W55H93 | |
(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 - Price |
18,092,085 N/A | |
(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: +44 (0)113 487 7366
Nominated Adviser and Corporate Broker
Investec Bank plc
Sara Hale / James Rudd / Carlton Nelson
Tel: +44 (0)20 7597 5970
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