TIDMCPP

RNS Number : 9425A

CPPGroup Plc

29 March 2017

29 March 2017

CPPGroup Plc ("CPP" or the "Group")

Director/PDMR Shareholding

CPP, the international assistance business, announces that on 28 March 2017 Michel Corcoran exercised and sold options over 1,406,250 shares issued to him under the Group's Matching Share Plan. Mr Corcoran's holding in the Company remains at 1,875,000 1 penny shares, representing approximately 0.22% of the issued share capital of the Group.

 
 1.     Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  -------------------------------------------------------------------------------------- 
 (a)    Name                        Michael John Corcoran 
-----  --------------------------  ---------------------------------------------------------- 
 2.     Reason for the notification 
-----  -------------------------------------------------------------------------------------- 
 (a)    Position/status             Chief Financial Officer 
-----  --------------------------  ---------------------------------------------------------- 
 (b)    Initial notification/       Initial notification 
         Amendment 
-----  --------------------------  ---------------------------------------------------------- 
 3.     Details of the issuer 
-----  -------------------------------------------------------------------------------------- 
 (a)    Name                        CPPGroup Plc 
-----  --------------------------  ---------------------------------------------------------- 
 (b)    LEI                                    213800FRDE79FTQI4X25 
-----  --------------------------  ---------------------------------------------------------- 
 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                 Ordinary shares of 1 penny 
         of the Financial            each 
         Instrument 
-----  --------------------------  ---------------------------------------------------------- 
 (b)    Identification              GB00B5W55H93 
         code of the 
         Financial Instrument 
-----  --------------------------  ---------------------------------------------------------- 
 (c)    Nature of the               Exercise of options 
         transaction                 Sale of shares 
-----  --------------------------  ---------------------------------------------------------- 
 (d)    Price(s) and                Price(s)                       Volume(s) 
         volume(s) 
                                   -----------------------------  --------------------------- 
  Exercise                                     1 penny                              1,406,250 
                             -----------------------------------  --------------------------- 
  Sale                                         12.5 pence                           1,406,250 
                             -----------------------------------  --------------------------- 
 
 (e)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
         - Price 
-----  --------------------------  ---------------------------------------------------------- 
 (f)    Date of the                 28 March 2017 
         transaction 
-----  --------------------------  ---------------------------------------------------------- 
 (g)    Place of the                London Stock Exchange 
         transaction 
-----  --------------------------  ----------------------------------------------------------

For further information please contact:

CPPGroup Plc

Jason Walsh, Chief Executive Officer

Mike Corcoran, Chief Financial Officer

Tel: +44 (0)1904 544500

Investec Bank plc

Nominated Adviser and Corporate Broker

Sara Hale; James Rudd; Carlton Nelson

Tel: +44 (0)20 7597 5970

Maitland

Neil Bennett; Daniel Yea

Tel: +44 (0)20 7379 5151

Notes to Editors

CPP provides a range of assistance based services to customers in the UK & Ireland and in a number of international markets across Asia, Europe and Latin America. The Company's core propositions provide peace of mind for customers covering a range of areas including lost and stolen credit cards, identity theft, insurance of mobile devices, and passport assistance.

For more information on CPP visit www.cppgroupplc.com

REGISTERED OFFICE

CPPGroup Plc

Holgate Park

York

YO26 4GA

Registered number: 07151159

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHPGUCPWUPMGQB

(END) Dow Jones Newswires

March 29, 2017 12:27 ET (16:27 GMT)

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