CMO Group PLC Establishment of CSOP & Grant of Options (7580V)
December 16 2021 - 2:00AM
UK Regulatory
TIDMCMO
RNS Number : 7580V
CMO Group PLC
16 December 2021
CMO Group PLC
("CMO", the "Company" or "the Group")
Establishment of CSOP & Grant of Options
CMO Group PLC, the UK's largest online-only retailer of building
materials, confirms the establishment of a new company share option
plan (the "CSOP") and the grant of options to certain PDMRs
pursuant to the CSOP.
The Board recognised the importance of long-term equity
incentive schemes as a means to attract, recruit and retain key
employees. While the Company has already adopted the CMOStores
Group Limited Long Term Incentive Plan, intended for the benefit of
executive directors of the Group, the CSOP is intended to ensure
all employees are properly incentivised and able to closely
identify with the objectives of the Group. It is intended that
options granted pursuant to the CSOP will vest subject to standard
performance conditions and with an exercise price linked to the
prevailing market share price at the time of grant.
The Company confirms that following the establishment of the
CSOP, it has granted new share options (the "Options") to the
following PDMRs of the Group:
PDMR Title No. of Options
granted
Colin Winterburn Operations Director 6,500
John Boseley Head of Category 4,500
Director of Sales & Customer
Nicholas Fisher Service 4,500
Amy Hatswell Head of Human Resources 4,500
The Options, which have a ten-year life, have an exercise price
of 168 pence and vest on the third anniversary from the date of
grant.
Enquiries:
CMO Group PLC Via Instinctif
Dean Murray, CEO
Jonathan Lamb, CFO
Liberum Capital Limited (Nominated Tel: +44 20 3100
Adviser & Broker) 2000
Andrew Godber
Lauren Kettle
Cara Murphy
Instinctif Partners
Justine Warren Tel: +44 20 7457
2010
Matthew Smallwood Tel: +44 20 7457
2005
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Colin Winterburn
--------------------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Operations Director
--------------------------------------- -------------------------------------------
b) Initial notification Initial
/Amendment
--------------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name CMO Group plc
--------------------------------------- -------------------------------------------
b) LEI 213800XLXLT3ATYF6A30
--------------------------------------- -------------------------------------------
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 1 penny
financial instrument,
type of instrument
Identification code ISIN: GB00BMB5Y385
b) Nature of the transaction Grant of Options over Ordinary Shares
--------------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------------- -------------------
Price(s) Volume(s)
------------------- -------------------
168p 6,500
------------------- -------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
e) Date of the transaction 14 December 2021
--------------------------------------- -------------------------------------------
f) Place of the transaction Off-market transaction
--------------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Boseley
--------------------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Head of Category
--------------------------------------- -------------------------------------------
b) Initial notification Initial
/Amendment
--------------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name CMO Group plc
--------------------------------------- -------------------------------------------
b) LEI 213800XLXLT3ATYF6A30
--------------------------------------- -------------------------------------------
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 1 penny
financial instrument,
type of instrument
Identification code ISIN: GB00BMB5Y385
b) Nature of the transaction Grant of Options over Ordinary Shares
--------------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------------- -------------------
Price(s) Volume(s)
------------------- -------------------
168p 4,500
------------------- -------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
e) Date of the transaction 14 December 2021
--------------------------------------- -------------------------------------------
f) Place of the transaction Off-market transaction
--------------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Nicholas Fisher
--------------------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Director of Sales & Customer Service
--------------------------------------- -------------------------------------------
b) Initial notification Initial
/Amendment
--------------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name CMO Group plc
--------------------------------------- -------------------------------------------
b) LEI 213800XLXLT3ATYF6A30
--------------------------------------- -------------------------------------------
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 1 penny
financial instrument,
type of instrument
Identification code ISIN: GB00BMB5Y385
b) Nature of the transaction Grant of Options over Ordinary Shares
--------------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------------- -------------------
Price(s) Volume(s)
------------------- -------------------
168p 4,500
------------------- -------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
e) Date of the transaction 14 December 2021
--------------------------------------- -------------------------------------------
f) Place of the transaction Off-market transaction
--------------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Amy Hatswell
--------------------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Head of Human Resources
--------------------------------------- -------------------------------------------
b) Initial notification Initial
/Amendment
--------------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name CMO Group plc
--------------------------------------- -------------------------------------------
b) LEI 213800XLXLT3ATYF6A30
--------------------------------------- -------------------------------------------
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 1 penny
financial instrument,
type of instrument
Identification code ISIN: GB00BMB5Y385
b) Nature of the transaction Grant of Options over Ordinary Shares
--------------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------------- -------------------
Price(s) Volume(s)
------------------- -------------------
168p 4,500
------------------- -------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
e) Date of the transaction 14 December 2021
--------------------------------------- -------------------------------------------
f) Place of the transaction Off-market transaction
--------------------------------------- -------------------------------------------
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