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Director/PDMR Shareholding

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By LSE RNS

RNS Number : 3240N
CYBG PLC
23 September 2019
 

CYBG PLC

(Company)

 

23 September 2019

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs) AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

The Company announces that on 20 September 2019 the following PDMR received ordinary shares in CYBG PLC and sold a portion of the shares received to cover his tax liability and sale costs.  The sale of shares to cover tax liabilities is a standard procedure executed by the Company for all employees to cover the statutory tax and national insurance obligations that it is required to meet in respect of share awards.  The shares released relate to the final tranche of his Commencement award which was granted on 9 March 2017 under the CYBG Deferred Equity Plan (Plan).

 

This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mark Thundercliffe

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

CYBG PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

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 £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of Commencement award under the CYBG Deferred Equity Plan (including dividend equivalents)

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

(1)

Nil-consideration

4,405

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 20 September 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

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 £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

(2)

£1.2495

2,087

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 20 September 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 


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END
 
 
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