CVS GROUP PLC

Remuneration Information • Nov 9, 2020

National Storage Mechanism | Additional information

RNS Number : 7056E

CVS Group plc

09 November 2020

CVS Group Plc

("CVS" or the "Company")

Long Term Incentive Plan Awards & PDMR Dealing

CVS, one of the UK's leading providers of integrated veterinary services for small and large animals, announces that it has concluded its annual grant of option awards over a total of 136,485 of the Company's ordinary shares of 0.2 pence each ("Ordinary Shares") under the CVS Group Long Term Incentive Plan 2020 ("LTIP 14") (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

Number of

Name                                    Role                                                       Ordinary Shares

Richard Fairman                Chief Executive Officer                  41,030  

Ben Jacklin                          Chief Operating Officer                 24,618

Robin Alfonso                    Chief Financial Officer                    13,540

The awards will vest over three years, subject to certain performance criteria, relating to earnings per share growth and total shareholder return over the three-year period between 1 July 2020 and 30 June 2023, 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 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 14

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	41,030

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

6 October 2020

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 14

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	24,618

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

6 October 2020

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

Chief Financial 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 14

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Exercise price of 0.2p	13,540

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

6 October 2020

f)

Place of the transaction

Off market

Contacts:

CVS Group Plc                                                                                                   Tel: 01379 644288

Richard Fairman, Chief Executive

Juliet Dearlove, Company Secretary

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

Aubrey Powell/ Jen Boorer / Ben Farrow (Corporate Finance)

Rachel Hayes (Corporate Broking)

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