Director/PDMR Shareholding

RNS Number : 8324G
Glanbia PLC
31 March 2022
 

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

 

Michael Horan

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

Group Secretary 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) Vesting of awards granted on 21 March 2019 to Michael Horan pursuant to the Glanbia plc 2018 Long Term Incentive Plan - 12,577 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 45.10% of the original award; the balance of the award lapsed.

 

(2) Sale of 5,853 ordinary shares of €0.06 each by Michael Horan 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)

 

Transaction No.

Price(s)

Volume(s)

Transaction Type

 

1

 

€10.52

 

12,577

 

Acquisition

 

2

 

€10.52

 

(5,853)

 

Sale

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price(s)

Volume(s)

€10.52

6,724

 

 

 

 

e)

Date of the transaction

 

 

(1)  and (2) 2022-03-31 - 07:00 A.M.  UTC

 

 

f)

Place of the transaction

 

1 and 2 - Jersey

 

g)

Additional Information

 

 

 

 

 

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