Last checked at 25 Apr 2018 17:25
25 April 2018
CPPGroup Plc ("CPP" or the "Company")
Director/PDMR Shareholdings
CPPGroup Plc Long Term Incentive Plan
On 25 April 2018, 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 | 4,635,463 | 10,976,043 |
Oliver Laird | 1,710,171 | 2,982,776 |
Justine Shaw | 1,622,412 | 5,578,028 |
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.
The total number of options awarded under the Plan to the above Directors and certain other senior employees on this date was 15,364,348.
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 25 April 2018 the Company's capital consisted of 857,205,936 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 | 4,635,463 | |
Oliver Laird | N/A | 1,710,171 | |
Justine Shaw | N/A | 1,622,412 | |
(e) | Aggregated information - Aggregated volume - Price |
N/A | |
(f) | Date of the transaction | 25 April 2018 | |
(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
Media
Maitland
Neil Bennett; Daniel Yea
Tel: +44 (0)20 7379 5151
CPP is a leading, product innovation business which works with Business Partners across a range of sectors in 11 markets within Asia, Europe and Latin America to provide product, marketing and distribution expertise delivering tangible commercial benefits and meaningful solutions to their customers. CPP's insurance and assistance products provide 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