CVS GROUP PLC

Remuneration Information • Dec 20, 2019

National Storage Mechanism | Additional information

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RNS Number : 7118X

CVS Group plc

20 December 2019

20 December 2019

CVS Group Plc

("CVS" or the "Company")

Long Term Incentive Plan Awards

CVS, one of the UK's leading providers of integrated veterinary services for small and large animals, announces that on 19 December 2019 it granted option awards over a total of 141,389 of the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under the CVS Group Long Term Incentive Plan 2019 ("LTIP 13") (the "Options").  The Option awards were made to certain Directors as detailed below, with the balance being issued to certain other employees.

Options awarded to Directors

Name                                   Role                                                  Number of Ordinary Shares

Richard Fairman                Chief Executive                                 46,296  

Ben Jacklin                          Chief Operating Officer                  27,778

Robin Alfonso                     Finance Director                              14,815

The awards will vest in 3 years' time, subject to certain performance criteria, relating to earnings per share growth and total shareholder return over the three-year period between 1 July 2019 and 30 June 2022, being satisfied.

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

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

Richard Fairman

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 LTIP 13

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	46,296

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

19 December 2019

f)

Place of the transaction

Off market

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ben Jacklin

2

Reason for the notification

a)

Position/status

Chief Operating Officer

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 LTIP 13

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	27,778

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

19 December 2019

f)

Place of the transaction

Off market

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robin Alfonso

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 LTIP 13

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	14,815

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

19 December 2019

f)

Place of the transaction

Off market

Contacts:

CVS Group Plc                                                                                           Tel: 01379 644288

Richard Fairman, Chief Executive

David Harris, Company Secretary

N+1 Singer (Nominated Adviser and Broker)                                       Tel: 020 7496 3000

Aubrey Powell/ Ben Farrow (Corporate Finance)

Rachel Hayes (Corporate Broking)

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.

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