LTIP Award

RNS Number : 5171N

CVS Group plc

28 September 2012

 



CVS Group plc

(the "Company")

Long Term Incentive Plan ("LTIP") Award

The Company announces that today it made a grant of awards over the Company's ordinary shares of 0.2 pence each ("Ordinary shares") under the CVS Group LTIP to the Directors detailed in the table below:

Name	Role	No. of Ordinary Shares subject to award under the LTIP
Simon Innes	Chief Executive	301,020

Awards granted under the LTIP will vest in three years time but only to the extent that certain performance criteria relating to earnings per share growth are satisfied by the Company over a three year performance period between 1 July 2012 and 30 June 2015. A consideration equal to the nominal value of 0.2 pence per Ordinary Share is payable upon exercise of the award.

Contacts:

CVS Group plc Simon Innes, Chief Executive Paul Coxon, Financial Director	01379 644 288
Buchanan Richard Oldworth/ Louise Hadcocks	020 7466 5000
N+1 Brewin - Nominated Adviser & Broker Aubrey Powell/ Luke Boyce	020 3201 3710

 

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