Director/PDMR Shareholding

RNS Number : 8564A

Indivior PLC

29 December 2014

 

Indivior PLC

("the Company" / "Indivior")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure and Transparency Rule 3.1.4R(1), the Company announces that following the demerger of the Company from Reckitt Benckiser Group plc ("RB") and the admission to trading of the Company's shares, notification was received today that the following individuals had received a grant of Indivior options and awards under the Company's Long Term Incentive Plan ("LTIP") pursuant to an irrevocable form of election under which certain RB executives moving to a demerged Indivior elected to convert RB options and awards granted in December 2012 under RB's LTIP into Indivior options and awards in accordance with the formula set out in the LTI conversion letter and subject to the rules of the Indivior LTIP:

Director* / PDMR	Number of RB Options/Awards subject to irrevocable conversion	Price of RB Options (Awards granted at nil cost)	Number of Indivior Options /Awards granted on conversion	Price of Indivior Options (Awards granted at nil cost)
Shaun Thaxter*	28,000 14,000 (RSA) 5,000 (RSA)	£39.14 Nil Nil	987,315 495,600 177,000	£1.11 Nil Nil
Timothy Baxter	2,000 1,000 (RSA)	£39.14 Nil	70,523 35,400	£1.11 Nil
Mark Crossley	6,400 3,200 (RSA)	£39.14 Nil	225,672 113,280	£1.11 Nil
Tony Goodman	6,400 3,200 (RSA)	£39.14 Nil	225,672 113,280	£1.11 Nil
Christian Heidbreder	9,600 3,200 (RSA)	£39.14 Nil	338,508 113,280	£1.11 Nil
Javier Rodriguez	1,000 500 (RSA)	£39.14 Nil	35,261 17,700	£1.11 Nil
Richard Simkin	19,500 6,500 (RSA) 3,000 (RSA)	£39.14 Nil Nil	687,595 230,100 106,200	£1.11 Nil Nil
Frank Stier	2,000 1,000 (RSA)	£39.14 Nil	70,523 35,400	£1.11 Nil

*denotes Director of the Company.

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