Director/PDMR Shareholding

RNS Number : 0650C
Britvic plc
05 February 2020
 

Britvic plc

LEI: 635400L3NVMYD4BVCI53

5 February 2020

 

Director/PDMR Shareholding

 

Britvic plc (the "Company") was notified on 4 February 2020 that Simon Litherland, a Person Discharging Managerial Responsibility ("PDMR"), exercised and sold Shares1 granted under the Company's Executive Share Option Plan (Approved)  ("ESOP Approved"), under the Company's Executive Share Option Plan (Unapproved) ("ESOP Unapproved") and under the Performance Share Plan (Nil cost) ("PSP") as follows:

Date of Grant

Plan

Option Price (£)

Sale price (£)

Number of Shares exercised

Number of Shares sold

6 December 2011

ESOP Approved

3.32

9.41

6,242

6,242

6 December 2011

ESOP Unapproved

3.32

9.41

114,449

114,449

6 March 2013

ESOP Unapproved

4.28

9.41

357,881

357,881

6 December 2013

ESOP Unapproved

6.65

9.41

230,248

230,248

6 December 2011

PSP

0

9.41

43,969

43,969

 

Following the above transactions, Simon's interest in the Company's Shares (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) remains unchanged at 311,633 Shares which represents 0.12% of the Company's issued share capital. This holding fulfils more than twice the requirement that applies to the CEO under the Company's approved Remuneration Policy.

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 share awards were made in respect of the Company's ordinary shares of 20 pence per share ("Shares").

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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

Exercise of shares under the Britvic plc 2011 Executive Share Option Plan Approved

(c)

Price(s) and volume(s)

Price(s)

 

332 pence

Volume(s)

 

6,242

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

6,242

£20,697.85

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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

Exercise of shares under the Britvic plc 2011 Executive Share Option Plan Unapproved

(c)

Price(s) and volume(s)

Price(s)

 

332 pence

Volume(s)

 

114,449

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

114,449

£379,501.44

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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

Exercise of shares under the Britvic plc 2013 Executive Share Option Plan Unapproved

(c)

Price(s) and volume(s)

Price(s)

 

428 pence

Volume(s)

 

357,881

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

357,881

£1,530,012.85

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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

Exercise of shares under the Britvic plc 2013 Executive Share Option Plan Unapproved

(c)

Price(s) and volume(s)

Price(s)

 

665 pence

Volume(s)

 

230,248

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

230,248

£1,529,997.96

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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

Exercise of shares under the Britvic plc 2011 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

 

0 pence

Volume(s)

 

43,969

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

43,969

£0

 

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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 exercised Executive Share Option Plan Approved shares

(c)

Price(s) and volume(s)

Price(s)

 

941 pence

Volume(s)

 

6,242

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

6,242

£58,737.58

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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 exercised Executive Share Option Plan Unapproved shares

(c)

Price(s) and volume(s)

Price(s)

 

941 pence

Volume(s)

 

702,578

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

702,578

£6,611,299.04

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

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

(a)

Name

Simon Litherland

Reason for the notification

(a)

Position/status

Chief Executive Officer, Executive Director

(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 exercised Performance Share Plan shares

(c)

Price(s) and volume(s)

Price(s)

 

941 pence

Volume(s)

 

43,969

(d)

Aggregated information

-     Aggregated volume

-     Price

 

 

43,969

£413,750.78

 

(e)

Date and time of the transaction

2020/02/04

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 


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