CVS GROUP PLC

Director's Dealing • Oct 26, 2016

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RNS Number : 4928N

CVS Group plc

26 October 2016

26 October 2016

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 24 October 2016, Simon Innes and Nick Perrin, Chief Executive and Finance Director of the Company respectively, together with certain other employees of the Company, exercised options at 0.2 pence per share over an aggregate of 392,800 ordinary shares of 0.2 pence each in the Company (the "New Shares"), under the CVS Group Long Term Incentive Plan 2013/2016. Simon Innes exercised options over 121,200 ordinary shares of 0.2p each in the Company ("Ordinary Shares") and Nick Perrin exercised options over 92,400 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 31 October 2016.

Following the issue of the New Shares, the Company's total issued share capital will consist of 60,392,823 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 60,392,823. 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 24 October 2016, the Company was notified that, on that date, Simon Innes sold 121,200 Ordinary Shares at a price of 875p per Ordinary Share.  Following the exercise and the sale, Simon Innes remains interested in 246,475 Ordinary Shares in the Company, representing 0.41 per cent of the total voting rights of the Company following the issue of the New Shares. The Company was also notified on 24 October 2016 that on that date, Nick Perrin sold 76,400 Ordinary Shares at a price of 875p per Ordinary Share.  Following the exercise and partial sale, Nick Perrin is interested in 28,000 Ordinary Shares in the Company, representing 0.05 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 Nick Perrin, Finance Director	Tel: 01379 644 288
N+1 Singer (Nominated Adviser & Broker) Aubrey Powell Liz Yong James Hopton	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	121,200

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

24 October 2016

f)

Place of the transaction

Off market

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Perrin

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

Option Exercise

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.2p	76,400

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

24 October 2016

f)

Place of the transaction

Off market

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)
875 pence	121,200

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

24 October 2016

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Perrin

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

Sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
875 pence	76,400

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

24 October 2016

f)

Place of the transaction

London Stock Exchange (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

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