CPPGROUP PLC

Remuneration Information • Apr 21, 2017

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RNS Number : 0269D

CPPGroup Plc

21 April 2017

21 April 2017

CPPGroup Plc

Director/PDMR Shareholdings

CPPGroup Plc Long Term Incentive Plan

On 20 April 2017, options over ordinary shares of 1 penny each in CPPGroup Plc ("CPP" or the "Company") were awarded to the following Directors under the CPPGroup Plc Long Term Incentive Plan 2016 (the "Plan"):

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	(i)         Jason Walsh (ii)         Justine Shaw
	Reason for the notification
(a)	Position/status	(i)         Chief Executive Officer (ii)         Director
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	CPPGroup Plc
(b)	LEI	213800FRDE79FTQI4X25
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	Ordinary shares of 1 penny each
(b)	Identification code of the Financial Instrument	GB00B5W55H93
(c)	Nature of the transaction	Award of share options
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
	Jason Walsh	N/A	6,340,580
	Justine Shaw	N/A	1,268,116
(e)	Aggregated information -           Aggregated volume -           Price	N/A
(f)	Date of the transaction	20 April 2017
(g)	Place of the transaction	London Stock Exchange

No consideration was paid for the grant of the awards which are structured as nil cost options. 

The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The awards will normally vest following the third anniversary of the grant and the determination of the performance conditions, and will then normally remain exercisable until the day before the tenth anniversary of the date of the grant, provided the individual remains an employee or officer of the Company.

Following the above awards, the Directors' total interest in shares of the Company is as follows:

	Ordinary shares held	Interests in unvested shares under incentive plans
Jason Walsh	50,000	6,340,580
Justine Shaw	999,312	3,955,616

The total number of options awarded under the Plan to the Directors and certain other senior employees on this date was 14,924,374. 

The total issued share capital of the Group as at the date of this announcement is 856,480,830.

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Enquiries:

CPPGroup Plc

Lorraine Beavis, Group Company Secretary

Tel: +44 (0)1904 545395

Nominated Adviser and Corporate Broker

Investec Bank plc

Sara Hale / James Rudd / Carlton Nelson

Tel: +44 (0)20 7597 5970

Media

Maitland

Neil Bennett; Daniel Yea

Tel: +44 (0)20 7379 5151

Notes to Editors

CPP provides a range of assistance based services to customers in the UK & Ireland and in a number of international markets across Asia, Europe and Latin America. The Company's core propositions provide peace of mind for customers covering a range of areas including lost and stolen credit cards, identity theft, insurance of mobile devices, and passport assistance.

For more information on CPP visit www.cppgroupplc.com

REGISTERED OFFICE

CPPGroup Plc

Holgate Park

York

YO26 4GA

Registered number: 07151159

This information is provided by RNS

The company news service from the London Stock Exchange

END

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