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Grant of Options under SAYE Option Scheme and TVR

Grant of Options under SAYE Option Scheme and TVR.

articleCvs Group PlcDecember 3, 20183/company/cvs-group-plc/news/grant-of-options-under-saye-option-scheme-and-tvr
Grant of Options under SAYE Option Scheme and TVR

About this update from Cvs Group Plc

[{"type":"text","content":"\n \nRNS Number : 2151J CVS Group plc 03 December 2018  \n\n03 December 2018\nCVS Group plc\nGrant of Options under CVS Group plc SAYE Option Scheme and \nTotal Voting Rights\nCVS Group plc (the \"Company\") announces that as part of its all employee Save As You Earn share scheme (the \"SAYE Scheme\"), Richard Fairman, finance director, elected to participate in the SAYE scheme and was granted 737 SAYE Scheme options.\nEligible employees were invited to subscribe for options over ordinary shares of 0.2 pence each (\"Ordinary Shares\") with an option price of 830 pence per share, representing a 10% discount to the share price which was calculated using the closing share price prior to the 5th November 2018, being the invite date.\nPursuant to this, a total of 425,974 SAYE Scheme options over Ordinary Shares were granted on 29 November 2018, equating to 0.6% of the current issued ordinary share capital.\nThe attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of options granted on 29 May 2018 under the SAYE Scheme.\nIn conformity with the Disclosure Guidance and Transparency Rule 5.6.1, the Company notifies the market of the following: The Company's total issued share capital is 70,519,031 ordinary shares of 0.2 pence each with one voting right per share. The Company does not hold any ordinary shares in Treasury. This figure of 70,519,031 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. \n\n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\nRichard Fairman\n \n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\nPosition/status \n \n \n\n\nFinance Director\n\n\n\n\nb) \n \n\n\nInitial notification /Amendment \n \n \n\n\nInitial Notification\n\n\n\n\n3 \n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\nCVS Group plc\n\n\n\n\nb) \n...

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