Business
Grant of Options under CVS Group plc
Grant of Options under CVS Group plc.
About this update from Cvs Group Plc
[{"type":"text","content":"\n\n \n \n24 November 2023\nCVS Group plc\n(\"CVS\" or the \"Company\")\n \nGrant of Options under CVS Group plc SAYE Option Scheme & PDMR Dealing\nCVS Group plc (the \"Company\") announces that as part of its 2023/2024 Save As You Earn share scheme (the \"SAYE Scheme\"), which is open to all employees of the Group, the Executive Directors and the person closely associated (PCA) named below have elected to participate in the SAYE Scheme and have been granted SAYE Scheme options as follows:\n \nRichard Fairman 550 SAYE scheme options\nRobin Alfonso 550 SAYE scheme options\nBen Jacklin 517 SAYE scheme options\nKatherine Jacklin (PCA to Ben Jacklin) 550 SAYE scheme options\n \nEligible employees were invited to subscribe for options over the Company's ordinary shares of 0.2 pence each (\"Ordinary Shares\") with an exercise price of 1,146 pence per share, representing a 20% discount to the average closing middle market price for the three dealing days prior to 1 November 2023, being the invitation date.\n \nIn response to accepted invitations, a total of 558,994 SAYE Scheme options over Ordinary Shares were granted on 24 November 2023, equating to 0.79% of the current issued ordinary share capital. Subject to the rules of the SAYE Scheme, these options will be capable of exercise from the maturity date on 1 January 2027. \n \nThe notification below, made in accordance with the requirements of UK MAR, provides further deta...