CVS GROUP PLC

Director's Dealing • Nov 5, 2018

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RNS Number : 3140G

CVS Group plc

05 November 2018

05 November 2018

CVS Group plc

("CVS" or the "Company")

Exercise of Options, Directors' Dealing and Total Voting Rights

CVS, the UK's leading provider of integrated veterinary services, announces that on 2 November 2018, Simon Innes Chief Executive of the Company, together with certain other employees and a former employee of the Company, exercised options at 0.2 pence per share over an aggregate of 146,000 ordinary shares of 0.2 pence each in the Company (the "New Shares"), under the CVS Group Long Term Incentive Plan 2015/2018. Simon Innes exercised options over 57,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares").

Application has been made for the New Shares, which rank pari passu in all respects with the Company's existing Ordinary Shares, to be admitted to trading on AIM which is expected to occur on or around 8 November 2018.

Following the issue of the New Shares, the Company's total issued share capital will consist of 70,519,031 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, following the issue of the New Shares, the total number of voting rights in the Company will be 70,519,031. This 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 Guidance and Transparency Rules.

On 1 November 2018, the Company was notified that, on that date, Simon Innes sold 57,000 Ordinary Shares at a price of £9.10 per Ordinary Share. Following the exercise and the sale, Simon Innes remains interested in 255,266 Ordinary Shares in the Company, representing 0.36 per cent of the total voting rights of the Company following the issue of the New Shares.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Contacts:

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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

Option Exercise

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.2 pence	57,000

d)

Aggregated information

- Aggregated volume

- Price

57,000 Ordinary shares

£114.00

e)

Date of the transaction

[DATE]

f)

Place of the transaction

[PLACE]

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

Sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
910p	57,000

d)

Aggregated information

- Aggregated volume

- Price

57,000

£518,700

e)

Date of the transaction

02 November 2018

f)

Place of the transaction

London Stock Exchange (XLON)

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