Director/PDMR Shareholding

RNS Number : 0334K

Britvic plc

12 April 2010

 



Britvic plc

12 April 2010

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Britvic plc ("the Company") was notified on 12 April 2010, that the following transactions have taken place in relation to the Britvic Share Incentive Plan ("SIP") on 9 April 2010.  The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to:

(a)       buy ordinary shares in the Company of 20p each, using deductions from salary in each 4-week pay period, and receive allocations of matching free ordinary shares ("Matching Shares").

(b)       receive allocations of free ordinary shares ("Free Shares").

Matching Shares

1.        The SIP trust acquired 20,017 ordinary shares by purchase in the market on 7 April 2009 at a total cost of £51,043.35 and allocated them to employees participating in the SIP as matching shares.

2.        The following directors and persons discharging managerial responsibilities purchased the number of ordinary shares of 20p set out against their names below, at a price of £4.72 per ordinary share, and were allocated for no consideration the number of matching shares set out against their names below:

Name	Role	Number of ordinary shares purchased	Number of matching shares
Paul Moody	Executive Director	24	15
John Gibney	Executive Director	24	15
Alan Beaney	PDMR	25	15
Doug Frost	PDMR	25	15
Murray Harris	PDMR	24	15
Andrew Richards	PDMR	24	15
Martin Rose	PDMR	24	15
Simon Stewart	PDMR	24	15

Free Shares

1.      The SIP trust subscribed for 406,083 ordinary shares on 9 April 2010 at a total cost of £81,216.60.  The shares were allocated by the SIP Trust to employees participating in the SIP as free shares.  

2.      The directors and persons discharging managerial responsibilities named above were each allocated 640 free shares as participants in the SIP, for no consideration.

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.

John Price

Company Secretary

Britvic plc

 

END

 

 

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