Director/PDMR Shareholding

Indivior PLC
04 March 2024
 

INDIVIOR PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

The relevant notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.

The Company announces that it was notified on March 1, 2024 of the following changes to the interests of Directors and persons discharging managerial responsibilities ('PDMR') in the Ordinary Shares of $0.50 each in the Company ('Shares').

In accordance with the Rules of the Indivior Long-Term Incentive Plan ('LTIP'), conditional awards held by the PDMRs named below, which were granted on March 1, 2021, vested on March 1, 2024.  The vesting of these awards was settled on a net settled basis, resulting in the delivery of shares in the amounts set out below.

Name of PDMR

Number of vested Shares

Number of Shares delivered1

Number of vested Shares subject to two-year holding period

Cynthia Cetani

120,353

66,073


Mark Crossley2

300,000

-

 

287,700

Jon Fogle

193,624

106,305


Christian Heidbreder

244,825

134,408


Kathryn Hudson

53,367

28,283


Vishal Kalia

64,558

35,442

 


Ryan Preblick2

213,665

-

204,904

Richard Simkin

298,241

163,734


Hillel West

139,727

93,990


1.   Includes Shares delivered in the form of Depositary Interests ('DIs').

2.   Mark Crossley and Ryan Preblick's awards vested on a net-settled basis on March 1, 2024 to account for US social taxes due.  The vested awards are subject to a further two-year holding period.

 

Following these transactions, the PDMRs have beneficial interests in the following number of Shares:

Name of PDMR

Number of Shares held1

Cynthia Cetani

187,810

Mark Crossley

90,032

Jon Fogle

166,651

Christian Heidbreder

227,330

Kathryn Hudson

61,141

Vishal Kalia

124,947

Ryan Preblick

64,466

Richard Simkin

251,324

Hillel West

121,723

3.   Includes Shares held in the form of DIs.

 

Kathryn Hudson

Company Secretary

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Cynthia 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$0.50

 

 

 

GB00BN4HT335

 

b)

 

Nature of the transaction

  

Number of shares delivered on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

66,073

  

 

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

 

e)

 

Date of the transaction

  

March 1, 2024


f)

 

Place of the transaction

 

n/a

 

 

 

 

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

  

Mark Crossley

 

2

 

Reason for the notification

 

 

a)

 

Position/status

  

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$0.50

 

 

 

GB00BN4HT335

 

b)

 

Nature of the transaction

  

Vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.  Shares subject to a further two-year holding period.

  

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

287,700

  

 

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

 

e)

 

Date of the transaction

  

March 1, 2024

 

f)

 

Place of the transaction

 

n/a

 

 

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$0.50

 

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.

  

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

106,305

  

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

e)

 

Date of the transaction

  

March 1, 2024

f)

 

Place of the transaction

 

n/a

 

 

 

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$0.50

 

 

 

GB00BN4HT335

 

b)

 

Nature of the transaction

  

Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

134,408

  

 

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

 

e)

 

Date of the transaction

  

March 1, 2024


f)

 

Place of the transaction

 

n/a


 

 

 

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$0.50

 

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.

  

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

28,283

  

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

e)

 

Date of the transaction

  

March 1, 2024

f)

 

Place of the transaction

 

n/a

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

  

Vishal Kalia

 

2

 

Reason for the notification

 

 

a)

 

Position/status

  

PDMR - Chief 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$0.50

 

 

 

GB00BN4HT335

 

b)

 

Nature of the transaction

  

Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

35,442

  

 

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

 

e)

 

Date of the transaction

  

March 1, 2024

 

f)

 

Place of the transaction

 

n/a

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

  

Ryan Preblick

 

2

 

Reason for the notification

 

 

a)

 

Position/status

 

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$0.50

 

 

 

GB00BN4HT335

 

b)

 

Nature of the transaction

  

Vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis. Shares subject to a further two-year holding period.

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

204,904

  

 

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

 

e)

 

Date of the transaction

  

March 1, 2024


f)

 

Place of the transaction

 

n/a


 

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 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$0.50

 

 

 

GB00BN4HT335

 

b)

 

Nature of the transaction

  

Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.

  

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

163,734

  

 

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

 

e)

 

Date of the transaction

  

March 1, 2024


f)

 

Place of the transaction

 

n/a


 

 

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 and 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$0.50

 

 

 

GB00BN4HT335

 

b)

 

Nature of the transaction

  

Delivery of shares on vesting of Conditional Award over Ordinary Shares of US$0.50. Vesting has been settled on a net settlement basis.

  

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

93,990

  

 

d)

 

Aggregated information

 

- Volume

 

- Price

 

- Total 

 

 

n/a

 

 

e)

 

Date of the transaction

  

March 1, 2024


f)

 

Place of the transaction

 

n/a


 

 

 

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

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