Last checked at 2 Jan 2014 07:00
31 December 2013
CPPGroup Plc
Director/PDMR Shareholding
This notification is made in accordance with DTR 3.1.4(1)(a).
On 31 December 2013, awards over ordinary shares of 10p each in CPPGroup Plc (the "Company") were made to certain Directors and other persons discharging managerial responsibilities ("PDMRs") under the CPPGroup Long Term Incentive Plan 2010, as follows:
Name of Director/PDMR | Number of shares under award |
Brent Escott | 1,150,000 |
Craig Parsons | 600,000 |
Angel de Leon | 250,000 |
Kim Eyre | 200,000 |
Lucy Metcalfe | 200,000 |
Justine Shaw | 200,000 |
Ian Craig | 200,000 |
Ivo Gomez | 200,000 |
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 on the later of the third anniversary of 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 grant provided the individual remains an employee or officer of the Group.
The Company was informed of the above transactions on 31 December 2013.
For Enquiries Contact:
Lorraine Beavis
Group Company Secretary
Telephone: 01904 545395