CYBG PLC Completion of Share Sale Facility (1112T)
23 März 2016 - 6:30PM
UK Regulatory
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
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March 23, 2016 13:30 ET (17:30 GMT)
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