Last checked at 6 Dec 2017 17:43
Britvic plc
6 December 2017
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Britvic plc (the "Company") announces the vesting of Share(1) awards made in December 2014 under the Company's Performance Share Plan ("PSP").
Details of the number of Shares vested in respect of Executive Directors and other Persons Discharging Managerial Responsibilities ("PDMR"), together with the number of any vested Shares subsequently sold, are detailed below:
Name | Role | Shares Released | Number of Shares sold to discharge tax liabilities(2) | Shares Retained | Total Share interests(3) | % of Issued Share Capital(3) |
Simon Litherland | Executive Director | 76,385 | 36,028 | 40,357 | 181,118 | 0.06% |
Kevin Donnelly | PDMR | 7,871 | 4,108 | 3,763 | 18,364 | 0.00% |
Matt Barwell | PDMR | 16,367 | 7,720 | 8,647 | 11,358 | 0.00% |
Doug Frost | PDMR | 19,476 | 9,186 | 10,290 | 216,668 | 0.08% |
Paul Graham | PDMR | 15,275 | 7,205 | 8,070 | 36,397 | 0.01% |
Clive Hooper | PDMR | 9,547 | 4,503 | 5,044 | 49,467 | 0.01% |
Jean-Luc Tivolle | PDMR | 8,943 | --- | 8,943 | 26,598 | 0.01% |
Notes:
1. The share awards were made in respect of the Company's ordinary shares of 20 pence each ("Shares").
2. The participants sold the number of shares stated to cover liabilities to UK income tax and national insurance contributions arising on vesting. All sales were made in the London market on 30 November 2017 at a price of £8.002772 pence per share, details of which were notified to the Company on 4 December 2017.
3. Total interests in the Company's Shares (excluding all options, awards under the Company's LTIP and interests as a potential beneficiary of the Company's Employee Benefit Trusts) and the percentages of the Company's shares in issue that they represent, following the transaction.
4. The following notifications are made in accordance with the requirements of the EU Market Abuse Regulations.
Jonathan Adelman
Acting General Counsel & Company Secretary
Britvic plc
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | KEVIN DONNELLY | |
Reason for the notification | |||
(a) | Position/status | MANAGING DIRECTOR - IRELAND, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | SALE OF SHARES TO COVER TAX LIABILITIES ARISING FROM VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
4,108 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
4,108 shares £32,875.39 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | KEVIN DONNELLY | |
Reason for the notification | |||
(a) | Position/status | MANAGING DIRECTOR - IRELAND, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | ACQUISITION OF ORDINARY SHARES RESULTING FROM THE VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
N/A | Volume(s)
3,763 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
3,763 shares £0 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | DOUG FROST | |
Reason for the notification | |||
(a) | Position/status | CHIEF PEOPLE OFFICER, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | SALE OF SHARES TO COVER TAX LIABILITIES ARISING FROM VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
9,186 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
9,186 shares £73,513.46 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | DOUG FROST | |
Reason for the notification | |||
(a) | Position/status | CHIEF PEOPLE OFFICER, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | ACQUISITION OF ORDINARY SHARES RESULTING FROM THE VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
10,290 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
10,290 shares £0 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | SIMON LITHERLAND | |
Reason for the notification | |||
(a) | Position/status | CHIEF EXECUTIVE OFFICER | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | SALE OF SHARES TO COVER TAX LIABILITIES ARISING FROM VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
36,028 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
36,028 shares £288,323.87 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | SIMON LITHERLAND | |
Reason for the notification | |||
(a) | Position/status | CHIEF EXECUTIVE OFFICER | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | ACQUISITION OF ORDINARY SHARES RESULTING FROM THE VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
40,357 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
40,357 shares £0 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | PAUL GRAHAM | |
Reason for the notification | |||
(a) | Position/status | MANAGING DIRECTOR - GB, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | SALE OF SHARES TO COVER TAX LIABILITIES ARISING FROM VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
7,205 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
7,205 shares £57,659.97 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | PAUL GRAHAM | |
Reason for the notification | |||
(a) | Position/status | MANAGING DIRECTOR - GB, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | ACQUISITION OF ORDINARY SHARES RESULTING FROM THE VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772
| Volume(s)
8,070 shares |
(d) | Aggregated information - Aggregated volume - Price
|
8,070 shares £0 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | CLIVE HOOPER | |
Reason for the notification | |||
(a) | Position/status | CHIEF SUPPLY CHAIN OFFICER, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | SALE OF SHARES TO COVER TAX LIABILITIES ARISING FROM VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
4,503 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
4,503 shares £36,036.48 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | CLIVE HOOPER | |
Reason for the notification | |||
(a) | Position/status | CHIEF SUPPLY CHAIN OFFICER, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | ACQUISITION OF ORDINARY SHARES RESULTING FROM THE VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772
| Volume(s)
5,044 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
5,044 shares £0 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | MATT BARWELL | |
Reason for the notification | |||
(a) | Position/status | CHIEF MARKETING OFFICER - PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | SALE OF SHARES TO COVER TAX LIABILITIES ARISING FROM VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772 | Volume(s)
7,720 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
7,720 shares £61,718.40 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | MATT BARWELL | |
Reason for the notification | |||
(a) | Position/status | CHIEF MARKETING OFFICER - PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | ACQUISITION OF ORDINARY SHARES RESULTING FROM THE VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772
| Volume(s)
8,647 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
8,647 shares £0 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | JEAN-LUC TIVOLLE | |
Reason for the notification | |||
(a) | Position/status | MANAGING DIRECTOR - FRANCE, PDMR | |
(b) | Initial notification/Amendment | INITIAL NOTIFICATION | |
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
(a) | Name | BRITVIC PLC | |
(b) | LEI | 635400L3NVMYD4BVCI53 | |
3. 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 20 PENCE EACH
ISIN: GB00B0N8QD54 | |
(b) | Nature of the transaction | ACQUISITION OF ORDINARY SHARES RESULTING FROM THE VESTING OF AWARDS UNDER THE BRITVIC PERFORMANCE SHARE PLAN | |
(c) | Price(s) and volume(s) | Price(s)
£8.002772
| Volume(s)
8,943 shares
|
(d) | Aggregated information - Aggregated volume - Price
|
8,943 shares £0 |
|
(e) | Date and time of the transaction | 2017/11/30 | |
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |