RNS Number : 0455V
CPPGroup Plc
04 July 2024
 

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

 

Exercise of Options and Director Shareholdings

 

CPP Group (AIM: CPP) has been advised that on 3 July 2024, following an exercise of options over ordinary shares of £1 each in the Company ("Ordinary Shares") under the CPPGroup Plc Deferred Bonus Plan on 27 June 2024 (the "Option Exercises"), the following Directors sold the Ordinary Shares detailed below, at a price of £1.655 per share, to settle their respective personal tax liabilities arising on the Option Exercises.

 

Director

Position

Shares Sold

Total Resultant Interest in Ordinary Shares

Simon Pyper

Chief Executive Officer

51,686

Total beneficial interest in 102,030 Ordinary Shares, representing approximately 1.11% of the issued share capital of the Company

David Bowling

Chief Financial Officer

26,877

Total beneficial interest in 39,503 Ordinary Shares, representing approximately 0.43% of the issued share capital of the Company

 

Enquiries:

 

CPPGroup plc

Simon Pyper, Chief Executive Officer      Tel: +44 (0)7917 795601

David Bowling, Chief Financial Officer

 

Panmure Liberum

(Nominated Adviser and Sole Broker)    Tel: +44 (0)20 3100 2000

Richard Lindley

Will King

 

About CPP Group:

CPP Group is a technology-driven assistance company that creates embedded and ancillary real-time assistance products and resolution services that reduce disruption to everyday life for millions of people across the world, at the time and place they are needed, CPP Group is listed on AIM, operated by the London Stock Exchange.

 

For more information on CPP visit https://corporate.cppgroup.com/

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

(i)            Simon Pyper

(ii)           David Bowling

 

2.

Reason for the notification

(a)

Position/status

(i)            Chief Executive Officer

(ii)           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 each

(b)

Identification code of the Financial Instrument

GB00BMDX5Z93

(c)

Nature of the transaction

Sale of shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)


Simon Pyper

£1.655

51,686


David Bowling

£1.655

26,877

(e)

Aggregated information

-              Aggregated volume

-              Price

 

N/A

N/A

(f)

Date of the transaction

3 July 2024

(g)

Place of the transaction

London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHUPUMCMUPCGAW