Information  X 
Enter a valid email address

Britvic plc (BVIC)

  Print      Mail a friend       Annual reports

Wednesday 04 December, 2019

Britvic plc

Director/PDMR Shareholding

RNS Number : 7104V
Britvic plc
04 December 2019
 

Britvic plc

LEI: 635400L3NVMYD4BVCI53

4th December 2019

 

Director/PDMR Shareholding

 

Britvic plc (the "Company") announces partial vesting on 2nd December 2019 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 2nd December 2016 under the Company's Performance Share Plan ("PSP") and Executive Share Option Plan ("ESOP") to Executive Directors and Persons Discharging Managerial Responsibility ("PDMRs").

The performance criteria attached to the PSP award was EPS and TSR. Taking into account the performance against the criteria, 82.0% of the PSP vested on 2nd December 2019.  Details of the number of Shares under the PSP that vested in respect of Executive Directors and PDMRs are as follows:

Name of Executive Director/PDMR

Position (Executive Director/PDMR)

Number of Shares vested

Number of Shares sold1

Steve Potts

PDMR

21,314

10,053

 

This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure Guidance and Transparency Rules. 

The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.

 

 

Jonathan Adelman

Company Secretary

 

 Notes

1              The participant sold the number of shares stated to cover liabilities for income tax and national insurance contributions arising on vesting in addition to dealing costs.  The sale was made on 2nd December 2019 at price of 967.857 pence per Share.

 

1.          Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Steve Potts

Reason for the notification

(a)

Position/status

Chief Information, Transformation and Digital Officer, PDMR

(b)

Initial notification/Amendment

Initial notification

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

(a)

Name

Britvic plc

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 pence each

 

 

ISIN: GB00B0N8QD54

(b)

Nature of the transaction

Sale of Shares to cover tax liabilities and dealing costs

(c)

Price(s) and volume(s)

Price(s)

£9.67857

 

Volume(s)

10,053

(d)

Aggregated information

-     Aggregated volume

-     Price

 

n/a

 

 

(e)

Date and time of the transaction

2nd December 2019

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Steve Potts

Reason for the notification

(a)

Position/status

Chief Information, Transformation and Digital Officer, PDMR

(b)

Initial notification/Amendment

Initial notification

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

(a)

Name

Britvic plc

(b)

LEI

635400L3NVMYD4BVCI53

3.         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 20 pence each

 

 

ISIN: GB00B0N8QD54

(b)

Nature of the transaction

Vesting of shares under the Britvic 2016 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

 

Volume(s)

21,314

(d)

Aggregated information

-     Aggregated volume

-     Price

 

n/a

 

 

(e)

Date and time of the transaction

2nd December 2019

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHDMMGZKDFGLZM

a d v e r t i s e m e n t