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By LSE RNS

RNS Number : 8633H
Cambian Group PLC
12 June 2017
 

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


 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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