Last checked at 3 Apr 2018 14:13
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3 April 2018
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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 - 3 April 2018
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On 3 April 2018 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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R A White, J D Kemp and A L Memmott were 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 | 91,305 (LTIP option) 1,890* (ESOS option) | Nil £6.35 per share |
S Lorimer | Finance Director | 53,946 (LTIP option) | Nil |
J D Kemp | Commercial Director | 47,877 (LTIP option) 1,890* (ESOS option) | Nil £6.35 per share |
A L Memmott | Supply Chain Director | 42,643 (LTIP option) 1,890* (ESOS option) | Nil £6.35 per share |
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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.