23rd Mar 2016 17:30
CYBG PLC
(CYBG)
23 March 2016
Completion of Share Sale Facility
As part of the recent demerger from National Australia Bank Limited (NAB) and IPO of CYBG, a Share Sale Facility (Facility) was offered to small shareholders of NAB to elect to sell their CYBG securities. This included certain CYBG Directors and Persons Discharging Managerial Responsibility (PDMR). The Facility also encompassed CYBG securities that would otherwise have gone to ineligible shareholders, fractional entitlements, and to pay withholding tax in respect of CYBG securities received by participants in NAB employee equity plans. The Facility has now completed.
The Facility was administered by Macquarie and securities were sold at an average price of £1.9421 per share. The table below sets out details of securities sold by Directors and PDMRs:
Executive Directors
Name | No. of Securities Sold |
David Duffy | 3,759 |
Debbie Crosbie | 66 |
Ian S Smith | 4,147 |
Other PDMRs
Name | No. of Securities Sold |
Lynn McManus | 16 |
Helen Page | 7 |
James Peirson | 16 |
Derek Treanor | 16 |
Payments to participating shareholders are expected to be despatched on or around 4 April 2016.
Enquiries:
Investors and Analysts
John Crosse 07917 172535
Head of Investor Relations [email protected]
Company Secretary
Lorna McMillan 07834 585436
Company Secretary [email protected]
Media
Barry Gardner 0800 066 5998
Media Relations Director [email protected]
Related Shares:
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