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Director/PDMR Shareholding

27 Mar 2020 17:14

RNS Number : 9426H
Glanbia PLC
27 March 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) Deferral of Mark Garvey's 2019 Annual Incentive into 26,208 ordinary shares of €0.06 each in Glanbia plc (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal)

 

(2) Sale of 12,168 ordinary shares of €0.06 each by Mark Garvey to settle a withholding tax liability arising on the deferral of his 2019 Annual Incentive into shares in Glanbia plc referred to in (1) which is payable immediately.

 

c)

Price(s) and volume(s)

 

 

Transaction No.

Price(s)

Volume(s)

Transaction Type

 

1

 

€9.75

 

26,208

 

Acquisition

 

2

 

9.75

 

(12,168)

 

Sale

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

 

€9.75

 

14,040

 

 

 

e)

Date of the transaction

 

(1) 2020-03-27 - 09:15A.M. UTC and (2) 2020-03-27 - 09:15 A.M. UTC

 

f)

Place of the transaction

 

1 and 2 - 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

 

James Bergin

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

CEO, Glanbia Ireland 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) Mandatory deferral of a proportion of James Bergin's 2019 Annual Incentive into 5,658 ordinary shares of €0.06 each in Glanbia plc (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal)

 

(2) Sale of 2,943 ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the mandatory deferral of the proportion of his 2019 Annual Incentive into shares in Glanbia plc referred to in (1) which is payable immediately

 

 

c)

Price(s) and volume(s)

 

Transaction No.

Price(s)

Volume(s)

Transaction Type

 

1

 

€9.75

 

5,658

 

Acquisition

 

2

 

9.75

 

(2,943)

 

Sale

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Price(s)

Volume(s)

 

€9.75

 

2,715

 

 

 

 

e)

Date of the transaction

 

(2) 2020-03-27 - 09:15 A.M. UTC and (2) 2020-03-27 -09:15 A.M. UTC

 

f)

Place of the transaction

 

1 and 2 - Dublin

 

g)

Additional Information

 

N/A

 

 

 

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