19th Jul 2017 14:52
19 July 2017
Cambian Group plc
Grant of nil cost options
Cambian Group plc (the "Company") announces that it has made the following awards of nil cost options over ordinary shares of 1 pence each in the capital of the Company ("Shares") to the following PDMRs of the Company on 18 July 2017 under the Cambian Group 2014 Long-Term Incentive Plan (the "LTIP" and the "Awards"):
PDMR | Number of Shares subject to Award |
Saleem Asaria | 213,371 |
Anoop Kang* | 213,371 |
Anne Marie Carrie | 128,022 |
Jeremy Wiles | 64,011 |
David Turner | 64,011 |
Amanda Smith | 60,721 |
Catherine Apthorpe | 52,233 |
*As disclosed in the Company's 2016 report and accounts, Anoop Kang was to be made a sign on Award upon joining the Company over Shares worth 150% of salary. This Award is made under the rules of the LTIP and is on the same terms as the other Awards. He will not receive an additional LTIP Award in respect of 2017.
No consideration was paid for the grant of the Awards and no consideration is due on the exercise of the Awards. The Awards will vest on the third anniversary of grant subject to an absolute total shareholder return metric being met.
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 | ||||
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) | LEI | 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 | Nil cost options over Ordinary Shares of 1 pence ISIN: GB00BKXNB024
| ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 18 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Anoop Kang | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial 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) | LEI | 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 | Nil cost options over Ordinary Shares of 1 pence ISIN: GB00BKXNB024
| ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 18 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Anne Marie Carrie | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Operating 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) | LEI | 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 | Nil cost options over Ordinary Shares of 1 pence ISIN: GB00BKXNB024
| ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 18 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Jeremy Wiles | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Business Development Director | ||||
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) | LEI | 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 | Nil cost options over Ordinary Shares of 1 pence ISIN: GB00BKXNB024
| ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 18 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David Turner | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Property Director | ||||
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) | LEI | 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 | Nil cost options over Ordinary Shares of 1 pence ISIN: GB00BKXNB024
| ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 18 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Amanda Smith | ||||
2 | Reason for the notification | |||||
a) | Position/status | Finance Director | ||||
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) | LEI | 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 | Nil cost options over Ordinary Shares of 1 pence ISIN: GB00BKXNB024
| ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 18 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Catherine Apthorpe | ||||
2 | Reason for the notification | |||||
a) | Position/status | Head of Legal & Company Secretary | ||||
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) | LEI | 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 | Nil cost options over Ordinary Shares of 1 pence ISIN: GB00BKXNB024
| ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 18 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market | ||||
- Ends -
For further information:
ENQUIRIES:
Catherine Apthorpe
Head of Legal & Company Secretary
Tel: 020 8735 6150
Related Shares:
Cambian Group