Cambian Group PLC Director Dealing (8633H)

TIDMCMBN

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 10(th) 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        Initial notification 
       /Amendment 
---  --------------------------  --------------------------------- 
 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          Ordinary shares of 1p each 
       financial instrument, 
       type of instrument 
                                   GB00BKXNB024 
       Identification code 
---  --------------------------  --------------------------------- 
 b)   Nature of the transaction   i) Exercise of 740,741 awards 
                                   granted for nil consideration 
                                   on 10(th) 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          350,000 Shares 
       - Price                      163 pence 
       - Aggregated total           GBP570,500.00 
---  --------------------------  --------------------------------- 
 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           Tel: +44 (0) 20 7920 
  Corporate Broker)                  3150 
 Michael Meade 
 James Taylor 
 James Black 
 
 J.P. Morgan Cazenove (Joint         Tel: +44 (0) 20 
  Corporate Broker)                   7742 4000 
  James Mitford 
  Alex Bruce 
 
 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

END

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June 12, 2017 12:09 ET (16:09 GMT)

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