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Regulatory News


Director/PDMR Shareholding

Fri, 10th Nov 2017 16:00


RNS Number : 2248W
Glanbia PLC
10 November 2017
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Michael Patten

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

Group Human Resources and Corporate Affairs Director and Person Discharging Managerial Responsibility

 

 

 

b)

Initial Notification Amendment

 

 

Initial Notification

 

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 

Glanbia plc

 

b)

LEI

 

635400SRMCBHVMSKJS84

 

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

Identification code

 

 

Ordinary  Shares of €0.06 each

 

ISIN: IE0000669501

b)

Nature of the transaction  

(1) Vesting of awards granted on 10 November 2014 to Michael Patten pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 6,283 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 81.06% of the original award; the balance of the award lapsed.

 

(2) Sale of 3,109 ordinary shares of €0.06 each by Michael Patten to settle a withholding tax liability arising on the vesting of awards under the 2008 Long Term Incentive Plan referred to in (1) which is payable immediately.

 

 

c)

Price(s) and volume(s)

 

Transaction No.

Price(s)

Volume(s)

Transaction Type

1

 

€16.48

 

6,283

 

Acquisition

2

 

€16.48

 

(3,109)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€16.48

3,174

 

 

 

 

e)

Date of the transaction

 

 

(1)   and (2) 2017-11-10 - 1:00 P.M.  UTC

 

 

f)

Place of the transaction

 

Jersey

 

 

g)

Additional Information

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Related Shares:
Glanbia (GLB)



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