Business
Exercise of Options, Directors' dealings and TVR
Exercise of Options, Directors' dealings and TVR.
About this update from Cvs Group Plc
[{"type":"text","content":"\n \nRNS Number : 3348I CVS Group plc 20 March 2018 \n\n20 March 2018\nCVS Group plc\n(\"CVS\" or the \"Company\")\nExercise of Options, Director/PDMR and PCA Dealing and Total Voting Rights\n \nCVS, the UK's leading provider of veterinary services, announces that on 16 March 2018 Simon Innes, Chief Executive Officer, together with certain other employees of the Company exercised options at 296 pence per share over an aggregate of 8,269 ordinary shares of 0.2 pence each in the Company (the \"SAYE Shares\") (\"Ordinary Shares\") in connection with the Company's December 2014 - December 2017 (January 2018 Maturity) Save As You Earn Scheme. \n \nSimon Innes, exercised options over 6,081 Ordinary Shares, subsequent to which on 20 March 2018, the Company was notified that on 16 March 2018, Simon Innes sold 3,040 Ordinary Shares at a price of 1,065 pence per Ordinary Share. Also on 16 March 2018 Mr Innes transferred, conditional upon the issue of the SAYE Shares, 3,041 Ordinary Shares to his wife, Shirley Innes, a Person Closely Associated (\"PCA\") of Mr Innes.\n \nAs a result, Mr Innes' total interest in the Company, including his wife's holding, has increased to 255,266 Ordinary Shares, representing 0.36 per cent of the total voting rights of the Company. \n \nIn addition, the Company announces that on 20 March 2018 Mike McCollum, Non-Executive Director of the Company, sold 38,677 Ordinary Shares at a price of 1,020 pence per Ordinary Share. As a result Mr McCollum holds 38,678 Ordinary Shares, representing less 0.06 per cent of the total voting rights of the Company.\n \nThe SAYE Shares rank pari passu with all existing Ordinary Shares. The issue of the SAYE Shares took place on 19 March 2018 and has been satisfied via the Company's block listing which was announced on 19 December 2017.\n \nFollowing issue of the SAYE Shares, the Company's total issued share capital will consist of 70,308,726 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, following the issue of the SAYE Shares, the total number of voting rights in the Company is 70,308,726. 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 interes...