Director/PDMR Shareholding

RNS Number : 8027I
Britvic plc
06 December 2022
 

Britvic plc

LEI: 635400L3NVMYD4BVCI53

6 December 2022

 

Director/PDMR Shareholder

 

Britvic plc (the "Company") announces partial vesting on 4 December 2022 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 4 December 2019 under the Company's Performance Share Plan ("PSP") to Executive Directors and Persons Discharging Managerial Responsibility ("PDMRs").

The performance criteria attached to the PSP award were Relative Total Shareholder Returns and adjusted, diluted EPS. Taking into account the performance against the criteria, 19.3% of the PSP vested on 4 December 2022.  Details of the number of Shares under the PSP that vested in respect of Executive Directors and PDMRs are as follows:

Name of Executive Director/PDMR

Position (Executive Director/PDMR)

Number of Shares vested

Number of Shares sold 1

Matt Barwell

PDMR

4,681

2,208

Hessel de Jong

PDMR

3,448

1,713

Kevin Donnelly

PDMR

2,319

1,211

Paul Graham

PDMR

4,654

2,196

Simon Litherland

Executive Director

20,239

9,546

Steve Potts

PDMR

4,149

1,958

Sudeep Shetty

PDMR

2,712

7,592

Joanne Wilson

Executive Director

8,505

4,012

 

The Company also announces the vesting on 4 December 2022 of awards over the Company's Shares under the Britvic 2019 Retention Share Plan dated 4 December 2019 for Sudeep Shetty, who was awarded 13,384 Shares.

As a result of the above transactions, the interests of the above PDMRs 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

Matt Barwell

46,350

Harriet Barwell

6,994

53,344

0.02%

Hessel de Jong

30,597

-

-

30,597

0.01%

Kevin Donnelly

50,413

-

-

50,413

0.02%

Paul Graham

63,442

-

-

63,442

0.02%

Simon Litherland

378,941

-

-

378,941

0.15%

Steve Potts

55,031

-

-

55,031

0.02%

Sudeep Shetty

24,241

-

-

24,241

0.01%

Joanne Wilson

34,944

-

-

34,944

0.01%

 

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 5 December 2022 at a price of 811.30 pence per Share.

This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure Guidance and Transparency Rules. 

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

Clare Thomas

Company Secretary

 



 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Matt Barwell

Reason for the notification

(a)

Position/status

Chief Marketing Officer, PDMR

(b)

Initial notification/Amendment


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)

£8.113

Volume(s)

2,208

(d)

Aggregated information

Aggregated volume

Price

 

2,208

£17,913.50


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 



 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Hessel de Jong

Reason for the notification

(a)

Position/status

Managing Director - International, 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)

£8.113

Volume(s)

1,713

(d)

Aggregated information

Aggregated volume

Price

 

1,713

£13,897.57


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Kevin Donnelly

Reason for the notification

(a)

Position/status

Managing Director - Ireland, 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)

£8.113

Volume(s)

1,211

(d)

Aggregated information

Aggregated volume

Price

 

1,211

£9,824.84


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Paul Graham

Reason for the notification

(a)

Position/status

Managing Director - GB, 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)

£8.113

Volume(s)

2,196

(d)

Aggregated information

Aggregated volume

Price

 

2,196

£17,816.15


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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)

£8.113

Volume(s)

9,546

(d)

Aggregated information

Aggregated volume

Price

 

9,546

£77,446.70


(e)

Date and time of the transaction

5 December 2022

(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

Managing Director - BTB, 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)

£8.113

Volume(s)

1,958

(d)

Aggregated information

Aggregated volume

Price

 

1,958

£15,885.25


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Sudeep Shetty

Reason for the notification

(a)

Position/status

Chief Information & Transformation 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)

£8.113

Volume(s)

7,592

(d)

Aggregated information

Aggregated volume

Price

 

7,592

£61,593.90


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Joanne Wilson

Reason for the notification

(a)

Position/status

Chief Financial Officer, Executive Director

(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)

£8.113

Volume(s)

4,012

(d)

Aggregated information

Aggregated volume

Price

 

4,012

£32,549.36


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Matt Barwell

Reason for the notification

(a)

Position/status

Chief Marketing 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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

4,681

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Hessel de Jong

Reason for the notification

(a)

Position/status

Managing Director - International, 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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

3,448

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Kevin Donnelly

Reason for the notification

(a)

Position/status

Managing Director - Ireland, 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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

2,319

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Paul Graham

Reason for the notification

(a)

Position/status

Managing Director - GB, 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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

4,654

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

20,239

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(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

Managing Director - BTB, 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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

4,149

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Sudeep Shetty

Reason for the notification

(a)

Position/status

Chief Information & Transformation 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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

2,712

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Joanne Wilson

Reason for the notification

(a)

Position/status

Chief Financial Officer, Executive Director

(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 of shares under the Britvic 2019 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

8,505

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Sudeep Shetty

Reason for the notification

(a)

Position/status

Chief Information & Transformation 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 of shares under the Britvic 2019 Retention Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

13,384

(d)

Aggregated information

Aggregated volume

Price

 

n/a

£0


(e)

Date and time of the transaction

5 December 2022

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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