CVS Group plc, a leading provider of integrated veterinary services in the UK, has announced that certain employees have exercised options under the CVS Group 2020 SAYE Plan and the CVS Group 2022 SAYE Plan. The exercise of options resulted in the issuance of a total of 1,977 ordinary shares, which were fully satisfied by shares held by the CVS Group Employee Benefit Trust. Following the exercise, the EBT now holds a total of 54,678 ordinary shares, representing approximately 0.076% of the company's total voting rights.
With the issuance of these new ordinary shares, CVS Group now has a total issued share capital of 71,537,662 ordinary shares, each carrying one voting right. The company does not hold any ordinary shares in treasury, and the total number of voting rights is therefore 71,537,662. Shareholders can use this figure as the denominator for calculating their notification requirements under the FCA's Disclosure Guidance and Transparency Rules.
CVS Group operates in the UK, Australia, the Netherlands, and the Republic of Ireland, providing veterinary services. The company has approximately 500 veterinary practices, including specialist referral hospitals and out-of-hours sites. In addition to veterinary practices, CVS Group also operates laboratories, crematoria, buying groups, and an online retail business called "Animed Direct." The company's strategy is focused on providing high-quality clinical services to clients and their animals, with dedicated clinical teams and support colleagues at the core.