ANIMALCARE GROUP PLC

Remuneration Information • Apr 29, 2022

National Storage Mechanism | Additional information

RNS Number : 9200J

Animalcare Group PLC

29 April 2022

ANIMALCARE GROUP PLC

(the "Company" or the "Group")

Grant of options and PDMR Dealing

29 April 2022. Animalcare Group plc (AIM: ANCR), the international animal health business, announces that, on 28 April 2022, nil-cost options over a total of 302,037 ordinary shares with a nominal value of 20p per share ("the Options") were awarded to the Executive Directors and PDMRs of the Company and to members of the Senior Executive Team pursuant to the Company's Long Term Incentive Plan.

The awards will vest on 1 July 2025 following the assessment of performance criteria based on Earnings Per Share (EPS) growth per annum and Total Shareholder Return (TSR) over a three-year financial period ending 30 June 2025 which are as follows:

Earnings Per Share growth per annum	Extent to which EPS tranche will vest
Less than 3%	0%
3%	25%
10%	100%
Between 3% and 10%	Between 25% and 100% on a straight line basis

Rank of the Company's TSR compared to the Comparator Group	Extent to which the TSR tranche will vest
Upper quartile or above	100%
Between median and upper quartile	Pro rata between 25% and 100% on a ranking basis
Median	25%
Below median	0%

50% of the option award will be subject to the EPS performance condition and the remaining 50% will be subject to the TSR performance condition. Accordingly, if one of the performance conditions is met but the other is not, the Option award will only vest as per the above.

After the grant of the Options, the PDMRs set out below hold the following Options and ordinary shares:

PDMR	Options Awarded	Total Options	Ordinary Shares
Jennifer Winter	130,620	580,795	7,000
Chris Brewster	53,488	240,778	280,513

Options over a further 117,929 ordinary shares were granted to other members of the Senior Executive Team and Leadership Team.

The notification in respect of the Option Awards set out in the Annex below was made subject to the requirements of Article 19 of the Market Abuse Regulation:

ANNEX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jennifer Winter, Chief Executive Officer
2	Reason for the notification
a)	Position/status	See 1(a) above - Ms Winter is classified as a PDMR of the Company
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ani malcare Group plc
b)	LEI	213800A7XPQ528RMCC72
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	Options in respect of the Long Term Incentive Plan ("LTIP") over ordinary shares of 20p each
b)	Identification code	GB0032350695
c)	Nature of the transaction(s)	Award of options
d)	Price(s) and volume(s)	Volume(s): Nil cost options over 130,620 shares Price: £Nil
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	28 April 2022
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Brewster, Chief Financial Officer

2	Reason for the notification
a)	Position/status	See 1(a) above - Mr Brewster is classified as a PDMR of the Company
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Animalcare Group plc
b)	LEI	213800A7XPQ528RMCC72
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	Options in respect of the Long Term Incentive Plan ("LTIP") over ordinary shares of 20p each
b)	Identification code	GB0032350695
c)	Nature of the transaction(s)	Award of options

d)	Price(s) and volume(s)	Volume(s): Nil cost options over 53,488 shares Price: £Nil
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	28 April 2022
g)	Place of the transaction	Outside a trading venue

Enquiries:

Animalcare Group plc
Chris Brewster, Chief Financial Officer and Company Secretary	+44 (0)1904 487 687  communications@animalcaregroup.com
Stifel Nicolaus Europe Limited (Nominated Adviser & Joint Broker)	+44 (0)20 7710 7600
Ben Maddison Nicholas Harland Nick Adams
Panmure Gordon (Joint Broker)	+44 (0)20 7886 2500
Corporate Finance: Freddy Crossley/Emma Earl Corporate Broking: Rupert Dearden

About Animalcare 

Animalcare Group plc is a UK AIM-listed international development-focused veterinary sales and marketing organisation. Animalcare operates in seven countries and exports to approximately 40 countries in Europe and worldwide. The Group is focused on bringing new and innovative products to market through its own development pipeline, partnerships and via acquisition.

For more information about Animalcare, please visit www.animalcaregroup.com 

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