Director/PDMR Shareholdings

Fevara PLC

05 August 2026

 

5 August 2026

Fevara plc

("Fevara", the "Company", or the "Group")

Director/PDMR Shareholdings

Fevara plc (LSE: FVA), an international specialist in livestock supplements, announces that the following awards of options ("Options") were made on 03 August 2026 ("Award Date"), pursuant to the Company's Long Term Incentive Plan 2023 (the "LTIP"), to certain PDMRs over ordinary shares in the Company of 2.5p each ("Ordinary Shares"):

PDMR	Number of Ordinary Shares
Joshua Hoopes	193,323
Gavin Manson	53,535

The Options were awarded for nil-cost subject to the rules of the LTIP and will be exercisable from the third anniversary of the Award Date to the tenth anniversary of the Award Date.  Following the development of the Group's medium-term strategic ambition to optimise performance, growth and shareholder returns, which was set out in the FY26 interim results announcement on 22 April 2026, the Remuneration Committee is keen to strengthen the link between the delivery of long-term sustained performance and Executive Director pay.  Accordingly, and in accordance with the Directors' Remuneration Policy, the Committee has determined to award an increased level of share-based incentivisation for Joshua Hoopes and Gavin Manson for the Performance Period (as defined below).

Vesting of the Options is subject to performance targets based upon the Company's adjusted Earnings Per Share ("EPS") and relative Total Shareholder Return ("TSR") over a three-year performance period covering FY26, FY27 and FY28 ("Performance Period") as follows:

Adjusted EPS (75% weighting)

	Threshold	Maximum
Target	10% average annual growth in adjusted EPS	15% average annual growth in adjusted EPS
Vesting	25%	100%

TSR (25% weighting)

	Threshold	Maximum
Target	Index Median	Index Average Upper Quartile
Vesting	25%	100%

Vesting is adjusted on a straight-line basis between threshold and maximum targets.  

Growth in adjusted EPS is calculated from a base adjusted EPS of 4.4p. 

Growth in TSR is measured relative to the FTSE Small Cap Index (excluding investment trusts and financial services companies) during the Performance Period.

The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):

1 . Details of the person discharging managerial responsibilities/person closely associated
a) Name	1.   Joshua Hoopes 2.   Gavin Manson
2 . Reason for the notification
a) Position/status	1.   Chief Executive Officer 2.   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	Fevara plc
b) LEI	213800HTIKPQV98RA653
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	Ordinary Shares of £0.025 each
b) Identification Code	GB00BRK01058
c) Nature of transactions	Grant of award pursuant to the Company's Long Term Incentive Plan 2023
d) Price(s) and Volume(s)	Price(s)                               1.   Nil-Cost 2.   Nil-Cost	Volume(s) 193,323 53,535
e) Aggregated information: i. Aggregated volume ii. price	N/A
f)    Date of the transaction	03 August 2026
g)   Place of the transaction	Outside a trading venue

Enquiries:

Fevara plc Fiona Rodford (Remuneration Committee Chair) Paula Robertson (Company Secretary)	01228 554 600

 

END