Director/PDMR Shareholding

Indivior PLC
11 March 2024
 

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 8, 2024 it granted Conditional Awards ('Awards') over Ordinary Shares of US$0.50 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

157,732

Ryan Preblick

97,692

Executive Committee members


Jeff Burris

90,625

Cindy Cetani

58,203

Jon Fogle

88,533

Christian Heidbreder

114,092

Kathryn Hudson

42,958

Vishal Kalia

67,852

Richard Simkin

136,362

Hillel West

78,105

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.

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$0.50

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

157,732

  

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

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$0.50

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

97,692

  

d)

 

Aggregated information

 

- Aggregated volume

  

- Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

  

Jeff Burris

2

 

Reason for the notification

 

a)

 

Position/status

  

PDMR - Chief Legal 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

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

90,625

  

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

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$0.50

 

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

58,203

  

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

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$0.50

 

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

88,533

  

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

 

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$0.50

 

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

114,092

  

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

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$0.50

 

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

42,958

  

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

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

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

67,852

  

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

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 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

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

136,362

  

d)

 

Aggregated information

 

- Aggregated volume

  

- Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

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$0.50

 

 

 

GB00BN4HT335

b)

 

Nature of the transaction

  

Grant of LTIP Award over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

N/A

78,105

  

d)

 

Aggregated information

 

- Aggregated volume

  

- Price

 

 

N/A

e)

 

Date of the transaction

  

March 8, 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

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

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