Director/PDMR Shareholding

RNS Number : 2915R
Britvic plc
07 March 2016
 

Britvic plc

 

 

7 March 2016

 

 

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

 

Britvic plc ("the Company") was notified on 7 March 2016 that the following transactions have taken place in relation to the Britvic Share Incentive Plan ("SIP") on 4 March 2016.  The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 20 pence each ("Ordinary Shares"), using deductions from salary in each 4-week pay period, and receive allocations of matching free Ordinary Shares ("Matching Shares").

 

1.         The SIP trustees have allocated 8,744 ordinary shares of 20 pence each to employees participating in the SIP as Matching Shares. These shares were allotted to the SIP on 4 March 2016 at nominal value (£1,748).

 

2.         The following Directors and Persons Discharging Managerial Responsibilities ("PDMR") purchased the number of Ordinary Shares set out against their names below, at a price of 694 pence 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

Simon Litherland

Executive Director

20

7

Doug Frost

PDMR

20

7

Paul Graham

PDMR

17

7

Matt Barwell

PDMR

16

7

 

As a result of the above transactions, the interests of the above Directors and PDMRs and their connected persons in the Company's Ordinary Shares (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:

 

Name

Total of Ordinary Shares

Name of Connected Person

Number of Ordinary Shares

Total of Ordinary Shares

Percentage of Issued Share Capital

Simon Litherland

35,689

-

-

35,689

0.01%

Doug Frost

193,663

-

-

193,663

0.07%

Paul Graham

17,080

-

-

17,080

0.01%

Matt Barwell

1,552

-

-

1,552

0.00%

 

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4(1).

 

Clare Thomas

General Counsel and Company Secretary

Britvic plc


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