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RNS Number : 6546X CT Automotive Group PLC 21 December 2023
CT Automotive Group plc (the "Company")
Grant of awards under Long Term Incentive Plan
CT Automotive Group plc announces that on 21 December 2023, the Company
awarded options under the CT Automotive Long Term Incentive Plan 2022 to its
Chief Financial Officer. The award is over ordinary shares of £0.005
("Ordinary Shares") in the form of options to acquire Ordinary Shares at
nominal value ("LTIP Awards") as detailed in the table below.
Executive Role Number of LTIP Awards
Anna Brown Chief Financial Officer and Director 151,515
The LTIP Awards will vest on the third anniversary of grant subject to meeting
earnings per share performance criteria for the three year period ending
FY2025. 25% of the LTIP Awards will vest on meeting minimum performance
criteria with vesting thereafter on a straight-line basis.
For further information, please contact:
CT Automotive via MHP
Simon Phillips, Chief Executive Officer
MHP (Financial PR) Tel: +44 (0)20 3100 8540
Tim Rowntree CTAutomotive@mhpgroup.com
Charlie Barker
Liberum (Nominated Adviser and Broker) Tel: +44 (0)20 3100 2000
Richard Lindley
Benjamin Cryer
The information set out below is provided in accordance with the requirements
of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Anna Brown
2 Reason for the notification
(a) Position/status Chief Financial Officer
(b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
(a) Name CT Automotive Group plc
(b) LEI 213800RP7B4UJ1DDKY67
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 Options over Ordinary shares of £0.005 pence each
Identification code ISIN GB00BMHYGR77
(b) Nature of the transaction Award of options pursuant to CT Automotive Group plc 2022 Long Term Incentive
Plan
(c) Price(s) and volume(s) Price(s) Volume(s)
NIL 151,515
(d) Aggregated information N/A
- Aggregated volume
- Price
(e) Date of the transaction 21 December 2023
(f) Place of the transaction Outside a trading venue
(d)
Aggregated information
- Aggregated volume
- Price
N/A
(e)
Date of the transaction
21 December 2023
(f)
Place of the transaction
Outside a trading venue
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