Director/PDMR Shareholding

RNS Number : 1053O

Britvic plc

27 May 2020

 

Britvic plc

LEI: 635400L3NVMYD4BVCI53

27 May 2020

Director/PDMR Shareholding

Britvic plc (the "Company") announces vesting on 26 May 2020 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 26 May 2017 under the Company's Performance Share Plan ("PSP") to Persons Discharging Managerial Responsibility ("PDMRs").

This PSP award had no performance criteria attached beyond service, and therefore on 26 May 2020 the number of Shares under the PSP that vested in respect of PDMRs are as follows:

Name of Executive Director/PDMR	Position (Executive Director/PDMR)	Number of Shares vested	Number of Shares sold1
Steve Potts	PDMR	16,461	7,764

As a result of the above transactions, the interests of the above PDMR and their connected persons in the Company's Shares (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:

Name	Number of Shares	Name of Connected Person	Number of Shares	Total Shares	Percentage of Issued Share Capital
Steve Potts	43,020	-	-	43,020	0.02%

The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.

Clare Thomas

Company Secretary

 Notes

1  The participant sold the number of shares stated to cover liabilities for income tax and national insurance contributions arising on vesting in addition to dealing costs.  The sale was made on 26 May 2020 at price of 728.33 pence per Share.

1.    Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Steve Potts
Reason for the notification
(a)	Position/status	Chief Information, Transformation and Digital Officer, PDMR
(b)	Initial notification/Amendment	Initial notification
2.  Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Britvic plc
(b)	LEI	635400L3NVMYD4BVCI53
3.  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 20 pence each ISIN: GB00B0N8QD54
(b)	Nature of the transaction	Vesting and exercise of shares under the Britvic 2017 Performance Share Plan
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 16,461
(d)	Aggregated information -  Aggregated volume -  Price	n/a £0.00
(e)	Date and time of the transaction	2020/05/26
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.   Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Steve Potts
Reason for the notification
(a)	Position/status	Chief Information, Transformation and Digital Officer, PDMR
(b)	Initial notification/Amendment	Initial notification
2.  Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Britvic plc
(b)	LEI	635400L3NVMYD4BVCI53
3.  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 20 pence each ISIN: GB00B0N8QD54
(b)	Nature of the transaction	Sale of Shares to cover tax liabilities and dealing costs
(c)	Price(s) and volume(s)	Price(s) £7.2833	Volume(s) 7,764
(d)	Aggregated information -  Aggregated volume -  Price	7,764 £56,547.54
(e)	Date and time of the transaction	2020/05/26
(f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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