TIDMCPP

RNS Number : 3905K

CPPGroup Plc

21 April 2020

21 April 2020

CPPGroup Plc

Director/PDMR Shareholdings

CPPGroup Plc Long Term Incentive Plan

On 21 April 2020, options over ordinary shares of 1 penny each in CPPGroup Plc ("CPP" or the "Company") were exercised by the following Directors under the CPPGroup Plc Long Term Incentive Plan 2016 (the "Plan"):

 
 1.     Details of the person discharging managerial responsibilities/person 
         closely associated 
 (a)    Name                                 (i) Jason Walsh 
                                              (ii) Oliver Laird 
                                              (iii) Justine Shaw 
       ------------------------------  ------------------------------------------- 
        Reason for the notification 
       --------------------------------------------------------------------------- 
 (a)    Position/status                      (i) Chief Executive Officer 
                                              (ii) Chief Financial Officer 
                                              (iii) People & Culture Director 
       ------------------------------  ------------------------------------------- 
 (b)    Initial notification/           Initial notification 
         Amendment 
       ------------------------------  ------------------------------------------- 
 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              Ordinary shares of 1 penny each 
         Financial Instrument 
       ------------------------------  ------------------------------------------- 
 (b)    Identification code             GB00B5W55H93 
         of the Financial 
         Instrument 
       ------------------------------  ------------------------------------------- 
 (c)    Nature of the transaction       Exercise of share options 
       ------------------------------  ------------------------------------------- 
 (d)    Price(s) and volume(s)          Price(s)     Volume(s) 
                                       -----------  ------------------------------ 
  Jason Walsh                     N/A                                 5,541,667 
                                 -----------------  ------------------------------ 
  Oliver Laird                    N/A                                 1,112,257 
                                 -----------------  ------------------------------ 
  Justine Shaw                    N/A                                 1,108,334 
                                 -----------------  ------------------------------ 
 (e)    Aggregated information 
          *    Aggregated volume          N/A 
 
 
         - Price 
                                       ------------------------------------------- 
 (f)    Date of the transaction                    21 April 2020 
       ------------------------------  ------------------------------------------- 
 (g)    Place of the transaction        London Stock Exchange 
       ------------------------------  ------------------------------------------- 
 

Following the above exercises, the Directors' total interest in shares of the Company is as follows:

 
                 Ordinary shares   Interests 
                  held              in unvested 
                                    shares under 
                                    incentive 
                                    plans 
 Jason Walsh           6,474,521      15,959,566 
                ----------------  -------------- 
 Oliver Laird          1,537,858       5,753,598 
                ----------------  -------------- 
 Justine Shaw          2,107,646       7,153,510 
                ----------------  -------------- 
 

The exercises, once complete, will be satisfied by the issue of new shares. The total issued share capital of the Group prior to that new issue is 864,649,945.

Enquiries:

CPPGroup Plc

Lorraine Beavis, Group Company Secretary

Tel: +44 (0)113 4877366

Nominated Adviser and Corporate Broker

Investec Bank plc

Sara Hale / Carlton Nelson

Tel: +44 (0)20 7597 5970

About CPP

CPP Group is a partner focused, global product and services company, specialising in the financial services and insurance markets. We use our local knowledge from 12 country markets within Asia, Europe and Central America to provide our business partners with technology-led product, marketing and distribution expertise that deliver commercial benefits and bring meaningful solutions to over 10 million end customers worldwide.

CPP's diverse range of insurance and assistance products can be designed to suit the bespoke needs of our business partners through providing their customers with peace of mind by reducing the stresses of everyday life, ranging from protection of mobile phones, payment cards and household belongings to keeping travel plans moving and the monitoring of compromised personal data.

For more information on CPP visit international.cppgroup.com

REGISTERED OFFICE

CPPGroup Plc

6 East Parade

Leeds

LS1 2AD

Registered number: 07151159

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.

END

DSHPPUMCCUPUGWG

(END) Dow Jones Newswires

April 21, 2020 09:48 ET (13:48 GMT)

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