29 Mar 2017 17:27
29 March 2017
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CPPGroup Plc ("CPP" or the "Group")
Director/PDMR Shareholding
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CPP, the international assistance business, announces that on 28 March 2017 Michel Corcoran exercised and sold options over 1,406,250 shares issued to him under the Group's Matching Share Plan. Mr Corcoran's holding in the Company remains at 1,875,000 1 penny shares, representing approximately 0.22% of the issued share capital of the Group.
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1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Michael John Corcoran | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Financial Officer | |
(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 options Sale of shares | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
Exercise | 1 penny | 1,406,250 | |
Sale | 12.5 pence | 1,406,250 | |
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 28 March 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
For further information please contact:
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CPPGroup Plc
Jason Walsh, Chief Executive Officer
Mike Corcoran, Chief Financial Officer
Tel: +44 (0)1904 544500
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Investec Bank plc
Nominated Adviser and Corporate Broker
Sara Hale; James Rudd; Carlton Nelson
Tel: +44 (0)20 7597 5970
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Maitland
Neil Bennett; Daniel Yea
Tel: +44 (0)20 7379 5151
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Notes to Editors
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CPP provides a range of assistance based services to customers in the UK & Ireland and in a number of international markets across Asia, Europe and Latin America. The Company's core propositions provide peace of mind for customers covering a range of areas including lost and stolen credit cards, identity theft, insurance of mobile devices, and passport assistance.
For more information on CPP visit www.cppgroupplc.com
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REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
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Registered number: 07151159
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Cppgroup (CPP)