12th Jun 2017 17:09
Cambian Group Plc
("Cambian" or the "Company")
Director Dealing
Cambian announces that on 9 June 2017, Mr Saleem Asaria, Chief Executive Officer of the Company, exercised 740,741 awards granted for nil consideration on 10th April 2014 under the Cambian Group Plc IPO Continuation Option Plan No 1 and sold 350,000 Ordinary shares of 1p each in the Company ("Share(s)") at a price of 163p per Share. Following this transaction, Mr Saleem Asaria holds 2,027,235 Shares (1.1 per cent. of the Company's issued share capital).
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Saleem Asaria | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Cambian Group Plc | |
b) | Legal Entity Identifier | 213800DN7U5XDQL1Q343 | |
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 1p each
GB00BKXNB024 | |
b) | Nature of the transaction | i) Exercise of 740,741 awards granted for nil consideration on 10th April 2014 under the Cambian Group Plc IPO Continuation Option Plan No 1
(ii) Sale of 350,000 Ordinary Shares to cover tax and NI liability | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
i) Nil | i) 740,741 | ||
ii) 163 pence | ii) 350,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
350,000 Shares 163 pence £570,500.00 | |
f) | Date of the transaction | 09 June 2017 | |
g) | Place of the transaction | London Stock Exchange (XLON) | |
Enquiries:
| |
Cambian Group plc | Tel: +44 (0) 20 8735 6150 |
Saleem Asaria, Chief Executive Officer | |
Martin Hopcroft, Chief Financial Officer | |
Numis (Sponsor and Joint Corporate Broker) | Tel: +44 (0) 20 7920 3150 |
Michael Meade | |
James Taylor | |
James Black | |
J.P. Morgan Cazenove (Joint Corporate Broker) James Mitford Alex Bruce | Tel: +44 (0) 20 7742 4000 |
Instinctif Partners (PR Adviser) | Tel: +44 (0) 20 7457 2020 |
Mark Garraway | |
James Gray |
Related Shares:
Cambian Group