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Fevertree Drinks PLC (FEVR)

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Wednesday 14 March, 2018

Fevertree Drinks PLC

Director/PDMR Shareholding

RNS Number : 7518H
Fevertree Drinks PLC
14 March 2018
 

14 March 2018

Fevertree Drinks plc

 ("Fever-Tree" or the "Company")

 

Director/PDMR Shareholding

Fever-Tree, the world's leading supplier of premium carbonated mixers, announces that on 13 March 2018, Andrew Branchflower, Finance Director of the Company, exercised, in aggregate, options over 151,905 ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares"). The exercise of these options has been satisfied by the Company's existing block listing arrangements.

Subsequent to this, the Company was notified that, on 13 March 2018, Andrew Branchflower sold 176,905 Ordinary Shares at a volume weighted average price of 2,588.614 pence per Ordinary Share. Following this transaction, Andrew Branchflower remains interested in 141,488 Ordinary Shares, representing approximately 0.1% of the Company's issued share capital.

 

For further information:

 

Fevertree Drinks plc

Tim Warrillow, Co-founder and CEO

Andy Branchflower, Finance Director

Oliver Winters, Communications Director

+44 (0)20 7349 4922

FTI Consulting - Financial PR

Jonathon Brill

Georgina Goodhew

Fiona Walker

+44 (0)20 3727 1000

[email protected]

Investec Bank plc - Nominated Adviser and Broker

Garry Levin

Alex Wright

David Anderson

+44 (0)20 7597 5970

 

 

Notes to Editors:

 

Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 60 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On Trade") as well as selected retail outlets ("Off Trade").

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Branchflower

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Fevertree Drinks plc


b)

LEI

2138007AJRLHRVQZLD07

 

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  0.25p each

 

 

GB00BRJ9BJ26

b)

Nature of the transaction

Exercise of options over Ordinary Shares

c)

Price(s) and volume(s)


Price(s)

Volume(s)

1.

134p (exercise price)

115,522

2.

134p (exercise price)

22,388

3.

0.25p (exercise price)

13,995

 

d)

Aggregated information

 


Price(s)

Volume(s)

1.

134p (exercise price)

115,522

2.

134p (exercise price)

22,388

3.

0.25p (exercise price)

13,995

e)

Date of the transaction

13 March 2018

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Branchflower

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Fevertree Drinks plc


b)

LEI

2138007AJRLHRVQZLD07

 

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  0.25p each

 

 

GB00BRJ9BJ26

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)

1.

2,602.2p

 65,000

2.

2,602p

 25,000

3.

2,596.24p

 26,905

4.

2,564.9p

 60,000

d)

Aggregated information

 

Price(s)

Volume(s)

2,588.614p

176,905

e)

Date of the transaction

13 March 2018

f)

Place of the transaction

London Stock Exchange

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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