CVS GROUP PLC

Remuneration Information • Oct 16, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 2183E

CVS Group plc

16 October 2018

16 October 2018

CVS Group plc

("CVS" or the "Company")

Long Term Incentive Plan Awards

CVS, the UK's leading provider of integrated veterinary services, announces that on 12 October 2018 it made a grant of awards over the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under the CVS Group Long Term Incentive Plan 2017 ("LTIP") to certain Directors and employees to subscribe for 187,114 Ordinary Shares (the "Options"). The awards to Directors are detailed in the table below:

Name	Role	Number of Ordinary Shares subject to LTIP award
Simon Innes	Chief Executive	63,797
Richard Fairman	Finance Director	30,969

The awards will vest in three years' time subject to certain performance criteria related to earnings per share growth over a three-year performance period between 1 July 2018 and 30 June 2021 being satisfied.

Further details of the awards are set out below.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Innes

2

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CVS Group plc

b)

LEI

213800J41XDQ2NX48O05

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, type of instrument

Identification code

Ordinary shares of 0.2 pence each

GB00B2863827

b)

Nature of the transaction

Grant of Options under the LTIP

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	63,797

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

12 October 2018

f)

Place of the transaction

Off market

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Fairman

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CVS Group plc

b)

LEI

213800J41XDQ2NX48O05

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, type of instrument

Identification code

Ordinary shares of 0.2 pence each

GB00B2863827

b)

Nature of the transaction

Grant of Options under the LTIP. 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	30,969

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

12 October 2018

f)

Place of the transaction

Off market

Contacts: CVS Group plc Simon Innes, Chief Executive Richard Fairman, Finance Director	Tel: 01379 644 288
N+1 Singer (Nominated Adviser & Broker) Aubrey Powell Jennifer Boorer	Tel: 020 7496 3000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHFQLFFVBFZFBK