Director/PDMR Shareholding

RNS Number : 8475Q
Indivior PLC
02 March 2021
 

INDIVIOR PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM

The Company announces that on March 1, 2021 it granted Conditional Awards ('Awards') over Ordinary Shares of US$0.10 each in the Company ('Shares') under the Indivior Long-Term Incentive Plan ('LTIP') to the PDMRs set out below:

Name

Maximum number of Shares under Award

Executive Directors


Mark Crossley

1,500,000

Ryan Preblick

1,068,329

Executive Committee members


Cindy Cetani

601,769

Jon Fogle

968,173

Murali Gopal

726,130

Christian Heidbreder

1,224,126

Kathryn Hudson

213,472

Richard Simkin

1,491,209

Hillel West

698,637

The vesting of the Awards is subject to the Rules of the LTIP and upon continued employment and the achievement of performance conditions.  The performance conditions applicable to the Awards are based on (1) relative Total Shareholder Return ('TSR') versus the FTSE 250 excluding investment trusts and (2) relative TSR versus the S&P1500 Pharmaceutical and Biotech Index (50% weighting for each measure).

The number of Shares under Award that will vest will depend upon the extent to which the performance conditions have been achieved.

The Company also announces that on March 1, 2021 it granted an Award over Shares under the Rules of the LTIP to the PDMR set out below:

Name

Number of Shares under Award

Executive Committee member


Kathryn Hudson

53,368

The vesting of this Award is subject is subject to the Rules of the LTIP and upon continued employment.

No consideration is payable either on the grant or vesting of the Awards. The Awards granted to the Executive Directors will normally vest on the third anniversary of the Award date and are then subject to a further two-year holding period before the Shares are released. The Awards granted to the Executive Committee members will normally vest on the third anniversary of the Award date.

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

Kathryn Hudson

Company Secretary

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Mark Crossley

2

 

Reason for the notification

 

a)

 

Position/status

 

Director / PDMR - Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

1,500,000

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Ryan Preblick

2

 

Reason for the notification

 

a)

 

Position/status

 

Director / PDMR - Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

1,068,329

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Cindy Cetani

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Chief Integrity and Compliance Officer

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

601,769

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Jon Fogle

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Chief Human Resources Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

968,173

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Murali Gopal

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Chief Medical Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

726,130

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Christian Heidbreder

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Chief Scientific Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

1,224,126

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Kathryn Hudson

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Company Secretary

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

213,472

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Kathryn Hudson

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Company Secretary

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

53,368

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Richard Simkin

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Chief Commercial & Strategy Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

1,491,209

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Hillel West

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Chief Manufacturing & Supply Officer

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Indivior PLC

b)

 

LEI

 

213800V3NCQTY7IED471

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 US$0.10

 

 

GB00BRS65X63

b)

 

Nature of the transaction

 

Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

698,637

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A

e)

 

Date of the transaction

 

March 1, 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

Indivior PLC's Legal Entity Identifier code is 213800V3NCQTY7IED471.

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