Director/PDMR Shareholding

RNS Number : 9425A
CPPGroup Plc
29 March 2017
 

29 March 2017

 

CPPGroup Plc ("CPP" or the "Group")

Director/PDMR Shareholding

 

CPP, the international assistance business, announces that on 28 March 2017 Michel Corcoran exercised and sold options over 1,406,250 shares issued to him under the Group's Matching Share Plan. Mr Corcoran's holding in the Company remains at 1,875,000 1 penny shares, representing approximately 0.22% of the issued share capital of the Group.

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Michael John Corcoran

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer

(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

Exercise of options

Sale of shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)


Exercise

1 penny

1,406,250


Sale

12.5 pence

1,406,250




(e)

Aggregated information

-           Aggregated volume

-           Price

N/A

(f)

Date of the transaction

28 March 2017

(g)

Place of the transaction

London Stock Exchange

  

For further information please contact:

 

CPPGroup Plc

Jason Walsh, Chief Executive Officer

Mike Corcoran, Chief Financial Officer

Tel: +44 (0)1904 544500

 

Investec Bank plc

Nominated Adviser and Corporate Broker

Sara Hale; James Rudd; Carlton Nelson

Tel: +44 (0)20 7597 5970

 

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
 
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