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RNS Number : 9200J Animalcare Group PLC 29 April 2022
ANIMALCARE GROUP PLC
(the "Company" or the "Group")
Grant of options and PDMR Dealing
29 April 2022. Animalcare Group plc (AIM: ANCR), the international animal
health business, announces that, on 28 April 2022, nil-cost options over a
total of 302,037 ordinary shares with a nominal value of 20p per share ("the
Options") were awarded to the Executive Directors and PDMRs of the Company and
to members of the Senior Executive Team pursuant to the Company's Long Term
Incentive Plan.
The awards will vest on 1 July 2025 following the assessment of performance
criteria based on Earnings Per Share (EPS) growth per annum and Total
Shareholder Return (TSR) over a three-year financial period ending 30 June
2025 which are as follows:
Earnings Per Share growth per annum Extent to which EPS tranche will vest
Less than 3% 0%
3% 25%
10% 100%
Between 3% and 10% Between 25% and 100% on a straight line basis
Rank of the Company's TSR compared to the Comparator Group Extent to which the TSR tranche will vest
Upper quartile or above 100%
Between median and upper quartile Pro rata between 25% and 100% on a ranking basis
Median 25%
Below median 0%
50% of the option award will be subject to the EPS performance condition and
the remaining 50% will be subject to the TSR performance condition.
Accordingly, if one of the performance conditions is met but the other is not,
the Option award will only vest as per the above.
After the grant of the Options, the PDMRs set out below hold the following
Options and ordinary shares:
PDMR Options Awarded Total Options Ordinary Shares
Jennifer Winter 130,620 580,795 7,000
Chris Brewster 53,488 240,778 280,513
Options over a further 117,929 ordinary shares were granted to other members
of the Senior Executive Team and Leadership Team.
The notification in respect of the Option Awards set out in the Annex below
was made subject to the requirements of Article 19 of the Market Abuse
Regulation:
ANNEX
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jennifer Winter, Chief Executive Officer
2 Reason for the notification
a) Position/status See 1(a) above - Ms Winter is classified as a PDMR of the Company
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Ani
malcare Group plc
b) LEI 213800A7XPQ528RMCC72
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 in respect of the Long Term Incentive Plan ("LTIP") over ordinary
shares of 20p each
b) Identification code GB0032350695
Award of options
c) Nature of the transaction(s)
d) Price(s) and volume(s) Volume(s):
Nil cost options over 130,620 shares
Price: £Nil
e) Aggregated information N/A
- Aggregated volume
- Price
f) Date of the transaction 28 April 2022
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Chris Brewster, Chief Financial Officer
2 Reason for the notification
a) Position/status See 1(a) above - Mr Brewster is classified as a PDMR of the Company
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Animalcare Group plc
b) LEI 213800A7XPQ528RMCC72
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 in respect of the Long Term Incentive Plan ("LTIP") over ordinary
shares of 20p each
b) Identification code GB0032350695
Award of options
c) Nature of the transaction(s)
d) Price(s) and volume(s) Volume(s):
Nil cost options over 53,488 shares Price: £Nil
e) Aggregated information N/A
- Aggregated volume
- Price
f) Date of the transaction 28 April 2022
g) Place of the transaction Outside a trading venue
Enquiries:
Animalcare Group plc
Chris Brewster, Chief Financial Officer and +44 (0)1904 487 687
Company Secretary
communications@animalcaregroup.com
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
(Nominated Adviser & Joint Broker)
Ben Maddison
Nicholas Harland
Nick Adams
Panmure Gordon +44 (0)20 7886 2500
(Joint Broker)
Corporate Finance:
Freddy Crossley/Emma Earl
Corporate Broking:
Rupert Dearden
About Animalcare
Animalcare Group plc is a UK AIM-listed international development-focused
veterinary sales and marketing organisation. Animalcare operates in seven
countries and exports to approximately 40 countries in Europe and worldwide.
The Group is focused on bringing new and innovative products to market through
its own development pipeline, partnerships and via acquisition.
For more information about Animalcare, please visit www.animalcaregroup.com
(http://www.animalcaregroup.com)
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