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Director/PDMR Shareholding

24 Apr 2020 16:52

RNS Number : 8669K
Glanbia PLC
24 April 2020
 

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

 

Mark Garvey

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

Group Finance Director, Executive 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 23 February 2017 to Mark Garvey pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 9,334 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 17.7% of the original award; the balance of the award lapsed.

 

(2) Sale of 4,344 ordinary shares of €0.06 each by Mark Garvey 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

 

€9.24

 

9,334

 

Acquisition

 

2

 

€9.24

 

(4,344)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€9.24

4,990

 

 

 

 

e)

Date of the transaction

 

 

(1) and (2) 2020-04-24 - 07:00 A.M. UTC

 

 

f)

Place of the transaction

 

 1 and 2 - Jersey

 

g)

Additional Information

 

 

 

 

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 Horan

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

Group Secretary 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 23 February 2017 to Michael Horan pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 4,181 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 17.7% of the original award; the balance of the award lapsed.

 

(2) Sale of 1,946 ordinary shares of €0.06 each by Michael Horan 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

 

€9.24

 

4,181

 

Acquisition

 

2

 

€9.24

 

(1,946)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€9.24

2,235

 

 

 

 

e)

Date of the transaction

 

 

(1) and (2) 2020-04-24 - 07:00 A.M. UTC

 

 

f)

Place of the transaction

 

1 and 2 - Jersey

 

g)

Additional Information

 

 

 

 

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

 

Hugh McGuire

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

CEO Glanbia Performance Nutrition 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 23 February 2017 to Hugh McGuire pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 6,115 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 11.0% of the original award; the balance of the award lapsed.

 

(2) Sale of 2,846 ordinary shares of €0.06 each by Hugh McGuire 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

 

€9.24

 

6,115

 

Acquisition

 

2

 

€9.24

 

(2,846)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€9.24

3,269

 

 

 

 

e)

Date of the transaction

 

 

(1) and (2) 2020-04-24 - 07:00 A.M. UTC

 

 

f)

Place of the transaction

 

1 and 2 - Jersey

 

 

g)

Additional Information

 

 

 

 

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 23 February 2017 to Michael Patten pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 5,331 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 17.7% of the original award; the balance of the award lapsed.

 

(2) Sale of 2,481 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

 

€9.24

 

5,331

 

Acquisition

 

2

 

€9.24

 

(2,481)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€9.24

2,850

 

 

 

 

e)

Date of the transaction

 

(1) and (2) 2020-04-24 - 07.00 A.M. UTC

f)

Place of the transaction

 

1 and 2 - Jersey

 

g)

Additional Information

 

 

 

 

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

 

Brian Phelan

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

CEO Glanbia Nutritionals 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 23 February 2017 to Brian Phelan pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 7,614 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 16.3% of the original award; the balance of the award lapsed.

 

(2) Sale of 3,543 ordinary shares of €0.06 each by Brian Phelan 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.

 

(3) Sale of 4,071 ordinary shares of €0.06 each.

 

 

c)

Price(s) and volume(s)

 

Transaction No.

Price(s)

Volume(s)

Transaction Type

 

1

 

€9.24

 

7,614

 

Acquisition

 

2

 

€9.24

 

(3,543)

 

Sale

 

3

 

€9.31

 

(4,071)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€9.24

4,071

€9.31

(4,071)

 

 

 

 

e)

Date of the transaction

 

 

(1) and (2) 2020-04-24- 07:00 A.M. UTC

(3) 2020-04-24- 14:20 P.M. UTC

 

 

f)

Place of the transaction

 

1 and 2 - Jersey

3 - Dublin

 

 

g)

Additional Information

 

 

 

 

 

 

 

 

 

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

 

Siobhán Talbot

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

Group Managing Director, Executive 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 23 February 2017 to Siobhán Talbot pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 19,837 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 17.7% of the original award; the balance of the award lapsed.

 

(2) Sale of 9,231 ordinary shares of €0.06 each by Siobhán Talbot 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

 

€9.24

 

19,837

 

Acquisition

 

2

 

€9.24

 

(9,231)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€9.24

10,606

 

 

 

 

e)

Date of the transaction

 

 

(1) and (2) 2020-04-24 - 07.00A.M. UTC

 

 

f)

Place of the transaction

 

1 and 2 - Jersey

 

 

g)

Additional Information

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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