31st May 2016 15:25
CYBG PLC
(Company)
31 May 2016
GRANT OF AWARDS TO DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
In accordance with the DTR3.1.4 of the Financial Conduct Authority's (FCA's) Disclosure and Transparency Rules and further to the announcement made on 12 February 2016, the Company announces that Gavin Opperman, a Person Discharging Managerial Responsibility, has been granted a further 2015 demerger award as noted below under the Deferred Equity Plan. The awards in the form of conditional awards (Rights) to acquire CYBG PLC Ordinary Shares of £0.10 each (Shares) which will vest on the third anniversary of grant subject to performance conditions.
The number of Rights awarded was based on the average middle market share price over the three days before grant, being £2.6617.
Name | Number of Shares under demerger LTI award |
Gavin Opperman | 56,448 |
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:
Virgin Money Uk