26 June 2023
CMO Group PLC
("CMO" or the "Company" or the "Group")
Grant of Awards
CMO Group PLC, the UK's largest online-only retailer of building materials, announces that on 23 June 2023 it made awards over ordinary shares ("Ordinary Shares") under the CMO Group Long Term Incentive Plan (the "LTIP") to Group employees including persons discharging managerial responsibilities ("PDMRs") of the Company ("Awards").
| PDMR | Number of Ordinary Shares subject to Award | Exercise Price |
| Dean Murray | 217,500 | Nil |
| Sue Packer | 177,187 | Nil |
| Jonathan Lamb | 177,187 | Nil |
| Ben Hodson | 75,000 | Nil |
| Nick Fisher | 62,500 | Nil |
| Lewis Love | 84,375 | Nil |
| Callum Tasker | 112,500 | Nil |
| Mark Finbow | 77,232 | Nil |
These Awards will ordinarily vest and become exercisable over a two year performance period ending 31 December 2024 pursuant to the rules of the LTIP and subject to stretching performance targets based on share price growth and cumulative EBITDA targets.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Dean Murray | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CEO | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| | | | ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Sue Packer | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | COO | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| | | | ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Jonathan Lamb | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CFO | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| | | | ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Ben Hodson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Marketing Director | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| | | | ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Nick Fisher | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Sales & Customer Service Director | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| | | | ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Lewis Love | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Technology Director | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| | | | ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Callum Tasker | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Commercial Director | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| | | | ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Mark Finbow | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Logistics Director | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | CMO Group PLC | ||||
| b) | LEI | 213800XLXLT3ATYF6A30 | ||||
| 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, type of instrument Identification code | Ordinary shares of 1 penny
GB00BMB5Y385 | ||||
| b) | Nature of the transaction | Grant of a nil-cost option under the LTIP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
Enquiries:
| CMO Group PLC | Via Instinctif |
| Dean Murray, CEO | |
| Jonathan Lamb, CFO | |
| | |
| Liberum Capital Limited (Nominated Adviser & Broker) | Tel: +44 20 3100 2000 |
| Andrew Godber | |
| Lauren Kettle | |
| Cara Murphy | |
| | |
| Instinctif Partners (Financial PR) | Tel: +44 20 7457 2020 |
| Justine Warren | |
| Matthew Smallwood | |
| Joe Quinlan | |
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