4 Apr 2019 15:25
4 April 2019
A.G. BARR p.l.c.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
LTIP Award - 4 April 2019
On 4 April 2019 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.
S Lorimer was 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").
Name | Role | Number of ordinary shares under option | Exercise price |
R A White | CEO | 72,686 (LTIP option) | Nil |
S Lorimer | Finance Director | 42,946 (LTIP option) 2,222* (ESOS option) | Nil £8.12 per share |
J D Kemp | Commercial Director | 38,114 (LTIP option) | Nil |
A L Memmott | Supply Chain Director | 33,947 (LTIP option) | Nil |
*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.
Julie A. Barr
Company Secretary
A.G. BARR p.l.c.
Barr (A.G.) (BAG)