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12 May 2023 14:41

RNS Number : 3050Z
Glanbia PLC
12 May 2023
Ā 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Ā 

Ā [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)]

Ā 

1

Details of the person discharging managerial responsibilities/person closely associated

Ā 

a)

Name

Ā 

Mark Garvey

Ā 

Ā 

Ā 

Ā 

2

Reason for the notification

Ā 

a)

Position/status

Ā 

Ā 

Group Finance Director, Executive Director and Person Discharging Managerial Responsibility

Ā 

Ā 

Ā 

b)

Initial Notification Amendment

Ā 

Ā 

Initial Notification

Ā 

Ā 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ā 

Glanbia plc

Ā 

b)

LEI

Ā 

635400SRMCBHVMSKJS84

Ā 

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

Ā 

Ā 

Ordinary Shares of €0.06 each

Ā 

ISIN: IE0000669501

b)

Nature of the transaction

(1) Vesting of awards granted on 23 March 2020 to Mark Garvey pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 69,714 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 65.9% of the original award; the balance of the award lapsed.

Ā 

(2) Sale of 32,440 ordinary shares of €0.06 each by Mark Garvey to settle a withholding tax liability arising on the vesting of awards under the 2018 Long Term Incentive Plan referred to in (1) which is payable immediately.

Ā 

Ā 

c)

Price(s) and volume(s)

Ā 

Transaction No.

Price(s)

Volume(s)

Transaction Type

Ā 

1

Ā 

€13.97

Ā 

69,714

Ā 

Acquisition

Ā 

2

Ā 

€13.97

Ā 

(32,440)

Ā 

Sale

d)

Aggregated information

- Aggregated volume

- Price

Ā 

Ā 

Price(s)

Volume(s)

€13.97

37,274

Ā 

Ā 

Ā 

Ā 

e)

Date of the transaction

Ā 

Ā 

(1) and (2) 2023-05-11 - 07:00 A.M. UTC

Ā 

Ā 

f)

Place of the transaction

Ā 

Ā 1 and 2 - Jersey

Ā 

g)

Additional Information

Ā 

Ā 

Ā 

Ā 

Ā 

Ā 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Ā 

Ā [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)]

Ā 

1

Details of the person discharging managerial responsibilities/person closely associated

Ā 

a)

Name

Ā 

Hugh McGuire

Ā 

Ā 

Ā 

Ā 

2

Reason for the notification

Ā 

a)

Position/status

Ā 

Ā 

CEO Glanbia Performance Nutrition and Person Discharging Managerial Responsibility

Ā 

Ā 

Ā 

b)

Initial Notification Amendment

Ā 

Ā 

Initial Notification

Ā 

Ā 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ā 

Glanbia plc

Ā 

b)

LEI

Ā 

635400SRMCBHVMSKJS84

Ā 

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

Ā 

Ā 

Ordinary Shares of €0.06 each

Ā 

ISIN: IE0000669501

b)

Nature of the transaction

(1) Vesting of awards granted on 23 March 2020 to Hugh McGuire pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 64,736 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 61.3% of the original award; the balance of the award lapsed.

Ā 

(2) Sale of 30,124 ordinary shares of €0.06 each by Hugh McGuire to settle a withholding tax liability arising on the vesting of awards under the 2018 Long Term Incentive Plan referred to in (1) which is payable immediately.

Ā 

c)

Price(s) and volume(s)

Ā 

Transaction No.

Price(s)

Volume(s)

Transaction Type

Ā 

1

Ā 

€13.97

Ā 

64,736

Ā 

Acquisition

Ā 

2

Ā 

€13.97

Ā 

(30,124)

Ā 

Sale

d)

Aggregated information

- Aggregated volume

- Price

Ā 

Ā 

Price(s)

Volume(s)

€13.97

34,612

Ā 

Ā 

Ā 

Ā 

e)

Date of the transaction

Ā 

Ā 

(2) and (2) 2023-05-11 - 07:00 A.M. UTC

Ā 

Ā 

f)

Place of the transaction

Ā 

1 and 2 - Jersey

Ā 

Ā 

g)

Additional Information

Ā 

Ā 

Ā 

Ā 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Ā 

Ā [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)]

Ā 

1

Details of the person discharging managerial responsibilities/person closely associated

Ā 

a)

Name

Ā 

Michael Patten

Ā 

Ā 

Ā 

Ā 

2

Reason for the notification

Ā 

a)

Position/status

Ā 

Ā 

Chief ESG and Corporate Affairs Officer and Person Discharging Managerial Responsibility

Ā 

Ā 

Ā 

b)

Initial Notification Amendment

Ā 

Ā 

Initial Notification

Ā 

Ā 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ā 

Glanbia plc

Ā 

b)

LEI

Ā 

635400SRMCBHVMSKJS84

Ā 

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

Ā 

Ā 

Ordinary Shares of €0.06 each

Ā 

ISIN: IE0000669501

b)

Nature of the transaction

(1) Vesting of awards granted on 23 March 2020 to Michael Patten pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 41,502 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 74.43% of the original award; the balance of the award lapsed.

(2) Sale of 19,312 ordinary shares of €0.06 each by Michael Patten to settle a withholding tax liability arising on the vesting of awards under the 2018 Long Term Incentive Plan referred to in (1) which is payable immediately.

Ā 

(3) Sale of 25,249 ordinary shares of €0.06 each

Ā 

c)

Price(s) and volume(s)

Ā 

Transaction No.

Price(s)

Volume(s)

Transaction Type

Ā 

1

Ā 

€13.97

Ā 

41,502

Ā 

Acquisition

Ā 

2

Ā 

€13.97

Ā 

(19,312)

Ā 

Sale

Ā 

3

Ā 

€14.186412

Ā 

(25,249)

Ā 

Sale

d)

Aggregated information

- Aggregated volume

- Price

Ā 

Ā 

Price(s)

Volume(s)

€13.97

22,190

€14.186412

(25,249)

Ā 

Ā 

Ā 

Ā 

e)

Date of the transaction

Ā 

(3) and (2) 2023-05-11 - 07.00 A.M. UTC

(3) 2023-05-11 - 15.24 P.M. UTC

f)

Place of the transaction

Ā 

1 and 2 - Jersey

3 - Dublin

Ā 

g)

Additional Information

Ā 

Ā 

Ā 

Ā 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Ā 

Ā [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)]

Ā 

1

Details of the person discharging managerial responsibilities/person closely associated

Ā 

a)

Name

Ā 

Brian Phelan

Ā 

Ā 

Ā 

Ā 

2

Reason for the notification

Ā 

a)

Position/status

Ā 

Ā 

CEO Glanbia Nutritionals and Person Discharging Managerial Responsibility

Ā 

Ā 

Ā 

b)

Initial Notification Amendment

Ā 

Ā 

Initial Notification

Ā 

Ā 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ā 

Glanbia plc

Ā 

b)

LEI

Ā 

635400SRMCBHVMSKJS84

Ā 

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

Ā 

Ā 

Ordinary Shares of €0.06 each

Ā 

ISIN: IE0000669501

b)

Nature of the transaction

(1) Vesting of awards granted on 23 March 2020 to Brian Phelan pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 75,105 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 82.50 % of the original award; the balance of the award lapsed.

Ā 

(2) Sale of 34,949 ordinary shares of €0.06 each by Brian Phelan to settle a withholding tax liability arising on the vesting of awards under the 2018 Long Term Incentive Plan referred to in (1) which is payable immediately.

Ā 

Ā 

c)

Price(s) and volume(s)

Ā 

Transaction No.

Price(s)

Volume(s)

Transaction Type

Ā 

1

Ā 

€13.97

Ā 

75,105

Ā 

Acquisition

Ā 

2

Ā 

€13.97

Ā 

(34,949)

Ā 

Sale

d)

Aggregated information

- Aggregated volume

- Price

Ā 

Ā 

Price(s)

Volume(s)

€13.97

40,156

Ā 

Ā 

Ā 

Ā 

e)

Date of the transaction

Ā 

Ā 

(4) and (2) 2023-05-11 - 07:00 A.M. UTC

Ā 

f)

Place of the transaction

Ā 

1 and 2 - Jersey

Ā 

Ā 

g)

Additional Information

Ā 

Ā 

Ā 

Ā 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Ā 

Ā [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)]

Ā 

1

Details of the person discharging managerial responsibilities/person closely associated

Ā 

a)

Name

Ā 

Susan Sweem

Ā 

Ā 

Ā 

Ā 

2

Reason for the notification

Ā 

a)

Position/status

Ā 

Ā 

Chief Human Resources Officer and Person Discharging Managerial Responsibility

Ā 

Ā 

Ā 

b)

Initial Notification Amendment

Ā 

Ā 

Initial Notification

Ā 

Ā 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ā 

Glanbia plc

Ā 

b)

LEI

Ā 

635400SRMCBHVMSKJS84

Ā 

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

Ā 

Ā 

Ordinary Shares of €0.06 each

Ā 

ISIN: IE0000669501

b)

Nature of the transaction

(1) Vesting of awards granted on 23 March 2020 to Susan Sweem pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 18,231 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 69.4% of the original award; the balance of the award lapsed.

Ā 

(2) Sale of 8,093 ordinary shares of €0.06 each by Susan Sweem to settle a withholding tax liability arising on the vesting of awards under the 2018 Long Term Incentive Plan referred to in (1) which is payable immediately.

c)

Price(s) and volume(s)

Ā 

Ā 

Transaction No.

Price(s)

Volume(s)

Transaction Type

Ā 

1

Ā 

€13.97

Ā 

18,231

Ā 

Acquisition

Ā 

2

Ā 

€13.97

Ā 

(8,093)

Ā 

Sale

d)

Aggregated information

- Aggregated volume

- Price

Ā 

Price(s)

Volume(s)

Ā 

€13.97

Ā 

10,138

Ā 

Ā 

Ā 

Ā 

Ā 

Ā 

Ā 

Ā 

e)

Date of the transaction

Ā 

(5) and (2) 2023-05-11 - 07:00 A.M. UTC

Ā 

Ā 

f)

Place of the transaction

Ā 

1 and 2 - Jersey

Ā 

Ā 

g)

Additional Information

Ā 

Ā 

Ā 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

Ā 

Ā [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)]

Ā 

1

Details of the person discharging managerial responsibilities/person closely associated

Ā 

a)

Name

Ā 

SiobhƔn Talbot

Ā 

Ā 

Ā 

Ā 

2

Reason for the notification

Ā 

a)

Position/status

Ā 

Ā 

Group Managing Director, Executive Director and Person Discharging Managerial Responsibility

Ā 

Ā 

Ā 

b)

Initial Notification Amendment

Ā 

Ā 

Initial Notification

Ā 

Ā 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ā 

Glanbia plc

Ā 

b)

LEI

Ā 

635400SRMCBHVMSKJS84

Ā 

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

Ā 

Ā 

Ordinary Shares of €0.06 each

Ā 

ISIN: IE0000669501

b)

Nature of the transaction

(1) Vesting of awards granted on 23 March 2020 to SiobhĆ”n Talbot pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 157,486 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 65.9% of the original award; the balance of the award lapsed.

Ā 

(2) Sale of 73,283 ordinary shares of €0.06 each by SiobhĆ”n Talbot to settle a withholding tax liability arising on the vesting of awards under the 2018 Long Term Incentive Plan referred to in (1) which is payable immediately.

Ā 

Ā 

c)

Price(s) and volume(s)

Ā 

Transaction No.

Price(s)

Volume(s)

Transaction Type

Ā 

1

Ā 

€13.97

Ā 

157,486

Ā 

Acquisition

Ā 

2

Ā 

€13.97

Ā 

(73,283)

Ā 

Sale

d)

Aggregated information

- Aggregated volume

- Price

Ā 

Ā 

Price(s)

Volume(s)

€13.97

84,203

Ā 

Ā 

Ā 

Ā 

e)

Date of the transaction

Ā 

Ā 

(6) and (2) 2023-05-11 - 07.00 A.M. UTC

Ā 

Ā 

f)

Place of the transaction

Ā 

1 and 2 - Jersey

Ā 

Ā 

g)

Additional Information

Ā 

Ā 

Ā 

Ā 

Ā 

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END
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