Last checked at 21 Apr 2020 14:48
21 April 2020
CPPGroup Plc
Director/PDMR Shareholdings
CPPGroup Plc Long Term Incentive Plan
On 21 April 2020, options over ordinary shares of 1 penny each in CPPGroup Plc ("CPP" or the "Company") were exercised by the following Directors under the CPPGroup Plc Long Term Incentive Plan 2016 (the "Plan"):
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 | Exercise of share options | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Jason Walsh | N/A | 5,541,667 |
| Oliver Laird | N/A | 1,112,257 |
| Justine Shaw | N/A | 1,108,334 |
(e) | Aggregated information - Aggregated volume - Price |
N/A | |
(f) | Date of the transaction | 21 April 2020 | |
(g) | Place of the transaction | London Stock Exchange | |
Following the above exercises, the Directors' total interest in shares of the Company is as follows:
| Ordinary shares held | Interests in unvested shares under incentive plans |
Jason Walsh | 6,474,521 | 15,959,566 |
Oliver Laird | 1,537,858 | 5,753,598 |
Justine Shaw | 2,107,646 | 7,153,510 |
The exercises, once complete, will be satisfied by the issue of new shares. The total issued share capital of the Group prior to that new issue is 864,649,945.
Enquiries:
CPPGroup Plc
Lorraine Beavis, Group Company Secretary
Tel: +44 (0)113 4877366
Nominated Adviser and Corporate Broker
Investec Bank plc
Sara Hale / 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 10 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