4 Apr 2019 15:25
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4 April 2019
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A.G. BARR p.l.c.
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NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
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LTIP Award - 4 April 2019
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On 4 April 2019 A.G. BARR p.l.c. ("A.G. BARR" or the "Company") granted awards in the form of nil-cost options over ordinary shares in the Company under the A.G. BARR p.l.c. Long Term Incentive Plan (the "LTIP") to R A White, S Lorimer, J D Kemp and A L Memmott, as noted below.
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S Lorimer was also granted an award in the form of a tax qualifying option under the A.G. BARR p.l.c. Executive Share Option Scheme (the "ESOS").
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Name | Role | Number of ordinary shares under option | Exercise price |
R A White | CEO | 72,686 (LTIP option) | Nil |
S Lorimer | Finance Director | 42,946 (LTIP option) 2,222* (ESOS option) | Nil £8.12 per share |
J D Kemp | Commercial Director | 38,114 (LTIP option) | Nil |
A L Memmott | Supply Chain Director | 33,947 (LTIP option) | Nil |
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*If the option under the ESOS is exercised at a gain, the LTIP awards will be reduced by the same value to ensure that the aggregate pre-tax value delivered to the participant remains the same as would have been the case had only the LTIP award been granted.
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Julie A. Barr
Company Secretary
A.G. BARR p.l.c.