Last checked at 14 Mar 2018 15:41
14 March 2018
Fevertree Drinks plc
("Fever-Tree" or the "Company")
Director/PDMR Shareholding
Fever-Tree, the world's leading supplier of premium carbonated mixers, announces that on 13 March 2018, Andrew Branchflower, Finance Director of the Company, exercised, in aggregate, options over 151,905 ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares"). The exercise of these options has been satisfied by the Company's existing block listing arrangements.
Subsequent to this, the Company was notified that, on 13 March 2018, Andrew Branchflower sold 176,905 Ordinary Shares at a volume weighted average price of 2,588.614 pence per Ordinary Share. Following this transaction, Andrew Branchflower remains interested in 141,488 Ordinary Shares, representing approximately 0.1% of the Company's issued share capital.
For further information:
Fevertree Drinks plc Tim Warrillow, Co-founder and CEO Andy Branchflower, Finance Director Oliver Winters, Communications Director | +44 (0)20 7349 4922 |
FTI Consulting - Financial PR Jonathon Brill Georgina Goodhew Fiona Walker | +44 (0)20 3727 1000 fever-tree@fticonsulting.com |
Investec Bank plc - Nominated Adviser and Broker Garry Levin Alex Wright David Anderson | +44 (0)20 7597 5970 |
Notes to Editors:
Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 60 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On Trade") as well as selected retail outlets ("Off Trade").
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||
a) | Name | Andrew Branchflower | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | Finance Director | ||||||||||||
b) | Initial notification/Amendment | Initial notification | ||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
a) | Name |
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b) | LEI | 2138007AJRLHRVQZLD07
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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 |
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b) | Nature of the transaction | Exercise of options over Ordinary Shares | ||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 13 March 2018 | ||||||||||||
f) | Place of the transaction | London Stock Exchange | ||||||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||||||||
a) | Name | Andrew Branchflower | |||||||||||||||
2 | Reason for the notification | ||||||||||||||||
a) | Position/status | Finance Director | |||||||||||||||
b) | Initial notification/Amendment | Initial notification | |||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||||||||
a) | Name |
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b) | LEI | 2138007AJRLHRVQZLD07
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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 |
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b) | Nature of the transaction | Sale of Ordinary Shares | |||||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 13 March 2018 | |||||||||||||||
f) | Place of the transaction | London Stock Exchange | |||||||||||||||