3 April 2018
A.G. BARR p.l.c.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
LTIP Award - 3 April 2018
On 3 April 2018 A.G. BARR p.l.c. ("A.G. BARR" or the "Company") granted awards in the form of nil-cost options over ordinary shares in the Company under the A.G. BARR p.l.c. Long Term Incentive Plan (the "LTIP") to R A White, S Lorimer, J D Kemp and A L Memmott, as noted below.
R A White, J D Kemp and A L Memmott were also granted an award in the form of a tax qualifying option under the A.G. BARR p.l.c. Executive Share Option Scheme (the "ESOS").
Name |
Role |
Number of ordinary shares under option |
Exercise price |
R A White |
CEO |
91,305 (LTIP option) 1,890* (ESOS option) |
Nil £6.35 per share |
S Lorimer |
Finance Director |
53,946 (LTIP option) |
Nil |
J D Kemp |
Commercial Director |
47,877 (LTIP option) 1,890* (ESOS option) |
Nil £6.35 per share |
A L Memmott |
Supply Chain Director |
42,643 (LTIP option) 1,890* (ESOS option) |
Nil £6.35 per share |
*If the option under the ESOS is exercised at a gain, the LTIP awards will be reduced by the same value to ensure that the aggregate pre-tax value delivered to the participant remains the same as would have been the case had only the LTIP award been granted.
Julie A. Barr
Company Secretary
A.G. BARR p.l.c.