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Last checked at 
29 Nov 2011 07:00
For immediate release 29 November 2011
CVS Group PLC
CVS Group PLC ("CVS" or "the Company")
ShareSave Scheme
CVS is pleased to announce the launch of a Save As You Earn scheme ("SAYE Scheme" or "the Scheme") for its employees. 6 per cent. of the Company's employees have applied to participate in the Scheme, which will commence on 1 January 2012.
The Scheme grants to its participants options over ordinary shares at 95.432 pence each which, if exercised in full, would result in the issue of up to 401,315 ordinary shares when the scheme terminates on 1 January 2015. Application for admission to trading on AIM will be made at that time. This would represent approximately 0.7 per cent. of the current issued share capital of the Company.
The following Director has taken up the offer under the SAYE Scheme:
Director | Maximum number of shares under SAYE Scheme |
|
|
Simon Innes | 9,430 |
Contacts:
CVS Group plc
Simon Innes, Chief Executive
Paul Coxon, Finance Director
01379 644 288
Buchanan Communications
Richard Oldworth
Suzanne Brocks
020 7466 5000
Brewin Dolphin
Matt Davis / Alex Wright
020 7246 1000
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