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RNS Number : 3562R
CYBG PLC
20 September 2017
 

CYBG PLC

(Company)

 

LEI: 213800ZK9VGCYYR6O495

 

20 September 2017

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBLITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

The Company announces that on 20 September 2017 the following Person Discharging Managerial Responsibility (PDMR) received ordinary shares in CYBG PLC and upon vesting a portion of shares was automatically sold in order to cover their tax liabilities and sale costs.  The shares released relate to the first third of the 2017 Commencement Award under the CYBG Deferred Equity Plan (Plan) which was granted on 9 March 2017.

 

Director

Number of Shares

Purchase Price

Mark Thundercliffe

12630

Nil


 

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 first third of the 2017 Commencement Award under the CYBG Deferred Equity Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

(1)

 Nil

 


d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A

 

 

N/A

 

e)

 

Date of the transaction

 

20 September 2017

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

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

 

 

(2)   Upon vesting a portion of shares was automatically sold in order to cover their tax liabilities and sale costs

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

(2)

£2.938

5957

 

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

 

e)

 

Date of the transaction

 

20 September 2017

 

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 

 

 


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