TIDMCMBN

RNS Number : 5391L

Cambian Group PLC

19 July 2017

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            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------------------- 
 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        Nil cost options over Ordinary Shares 
       of the             of 1 pence 
       financial          ISIN: GB00BKXNB024 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------------------- 
 b)   Nature             Grant of options 
       of the 
       transaction 
---  -----------------  -------------------------------------- 
 c)   Price(s)             Price(s)    Volume(s) 
       and volume(s)       ----------  ---------- 
                               Nil 
                               Cost 
                             Options     213,371 
                           ----------  ---------- 
---  -----------------  -------------------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------------------- 
 e)   Date of            18 July 2017 
       the transaction 
---  -----------------  -------------------------------------- 
 f)   Place of           London Stock Exchange, Main Market 
       the transaction 
---  -----------------  -------------------------------------- 
 
 
 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            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------------------- 
 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        Nil cost options over Ordinary Shares 
       of the             of 1 pence 
       financial          ISIN: GB00BKXNB024 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------------------- 
 b)   Nature             Grant of options 
       of the 
       transaction 
---  -----------------  -------------------------------------- 
 c)   Price(s)             Price(s)    Volume(s) 
       and volume(s)       ----------  ---------- 
                               Nil 
                               Cost 
                             Options     213,371 
                           ----------  ---------- 
---  -----------------  -------------------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------------------- 
 e)   Date of            18 July 2017 
       the transaction 
---  -----------------  -------------------------------------- 
 f)   Place of           London Stock Exchange, Main Market 
       the transaction 
---  -----------------  -------------------------------------- 
 
 
 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            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------------------- 
 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        Nil cost options over Ordinary Shares 
       of the             of 1 pence 
       financial          ISIN: GB00BKXNB024 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------------------- 
 b)   Nature             Grant of options 
       of the 
       transaction 
---  -----------------  -------------------------------------- 
 c)   Price(s)             Price(s)    Volume(s) 
       and volume(s)       ----------  ---------- 
                               Nil 
                               Cost 
                             Options     128,022 
                           ----------  ---------- 
---  -----------------  -------------------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------------------- 
 e)   Date of            18 July 2017 
       the transaction 
---  -----------------  -------------------------------------- 
 f)   Place of           London Stock Exchange, Main Market 
       the transaction 
---  -----------------  -------------------------------------- 
 
 
 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            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------------------- 
 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        Nil cost options over Ordinary Shares 
       of the             of 1 pence 
       financial          ISIN: GB00BKXNB024 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------------------- 
 b)   Nature             Grant of options 
       of the 
       transaction 
---  -----------------  -------------------------------------- 
 c)   Price(s)             Price(s)    Volume(s) 
       and volume(s)       ----------  ---------- 
                               Nil 
                               Cost 
                             Options     64,011 
                           ----------  ---------- 
---  -----------------  -------------------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------------------- 
 e)   Date of            18 July 2017 
       the transaction 
---  -----------------  -------------------------------------- 
 f)   Place of           London Stock Exchange, Main Market 
       the transaction 
---  -----------------  -------------------------------------- 
 
 
 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            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------------------- 
 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        Nil cost options over Ordinary Shares 
       of the             of 1 pence 
       financial          ISIN: GB00BKXNB024 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------------------- 
 b)   Nature             Grant of options 
       of the 
       transaction 
---  -----------------  -------------------------------------- 
 c)   Price(s)             Price(s)    Volume(s) 
       and volume(s)       ----------  ---------- 
                               Nil 
                               Cost 
                             Options     64,011 
                           ----------  ---------- 
---  -----------------  -------------------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------------------- 
 e)   Date of            18 July 2017 
       the transaction 
---  -----------------  -------------------------------------- 
 f)   Place of           London Stock Exchange, Main Market 
       the transaction 
---  -----------------  -------------------------------------- 
 
 
 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            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------------------- 
 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        Nil cost options over Ordinary Shares 
       of the             of 1 pence 
       financial          ISIN: GB00BKXNB024 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------------------- 
 b)   Nature             Grant of options 
       of the 
       transaction 
---  -----------------  -------------------------------------- 
 c)   Price(s)             Price(s)    Volume(s) 
       and volume(s)       ----------  ---------- 
                               Nil 
                               Cost 
                             Options     60,721 
                           ----------  ---------- 
---  -----------------  -------------------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------------------- 
 e)   Date of            18 July 2017 
       the transaction 
---  -----------------  -------------------------------------- 
 f)   Place of           London Stock Exchange, Main Market 
       the transaction 
---  -----------------  -------------------------------------- 
 
 
 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            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------------------- 
 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        Nil cost options over Ordinary Shares 
       of the             of 1 pence 
       financial          ISIN: GB00BKXNB024 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------------------- 
 b)   Nature             Grant of options 
       of the 
       transaction 
---  -----------------  -------------------------------------- 
 c)   Price(s)             Price(s)    Volume(s) 
       and volume(s)       ----------  ---------- 
                               Nil 
                               Cost 
                             Options     52,233 
                           ----------  ---------- 
---  -----------------  -------------------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------------------- 
 e)   Date of            18 July 2017 
       the transaction 
---  -----------------  -------------------------------------- 
 f)   Place of           London Stock Exchange, Main Market 
       the transaction 
---  -----------------  -------------------------------------- 
 

- Ends -

For further information:

ENQUIRIES:

Catherine Apthorpe

Head of Legal & Company Secretary

Tel: 020 8735 6150

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHRLMJTMBIBBLR

(END) Dow Jones Newswires

July 19, 2017 09:52 ET (13:52 GMT)

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