TIDMCYBG TIDM11IO

RNS Number : 1112T

CYBG PLC

23 March 2016

CYBG PLC

(CYBG)

23 March 2016

Completion of Share Sale Facility

As part of the recent demerger from National Australia Bank Limited (NAB) and IPO of CYBG, a Share Sale Facility (Facility) was offered to small shareholders of NAB to elect to sell their CYBG securities. This included certain CYBG Directors and Persons Discharging Managerial Responsibility (PDMR). The Facility also encompassed CYBG securities that would otherwise have gone to ineligible shareholders, fractional entitlements, and to pay withholding tax in respect of CYBG securities received by participants in NAB employee equity plans. The Facility has now completed.

The Facility was administered by Macquarie and securities were sold at an average price of GBP1.9421 per share. The table below sets out details of securities sold by Directors and PDMRs:

Executive Directors

 
 Name              No. of Securities Sold 
----------------  ----------------------- 
 David Duffy       3,759 
----------------  ----------------------- 
 Debbie Crosbie    66 
----------------  ----------------------- 
 Ian S Smith       4,147 
----------------  ----------------------- 
 

Other PDMRs

 
 Name             No. of Securities Sold 
---------------  ----------------------- 
 Lynn McManus     16 
---------------  ----------------------- 
 Helen Page       7 
---------------  ----------------------- 
 James Peirson    16 
---------------  ----------------------- 
 Derek Treanor    16 
---------------  ----------------------- 
 

Payments to participating shareholders are expected to be despatched on or around 4 April 2016.

Enquiries:

Investors and Analysts

John Crosse 07917 172535

Head of Investor Relations john.crosse@cybg.com

Company Secretary

Lorna McMillan 07834 585436

Company Secretary lorna.mcmillan@cybg.com

Media

Barry Gardner 0800 066 5998

Media Relations Director barry.gardner@cybg.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUOUBRNBAOUAR

(END) Dow Jones Newswires

March 23, 2016 13:30 ET (17:30 GMT)

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