Director/PDMR Shareholding

RNS Number : 7060L

Britvic plc

09 September 2019

 

Britvic plc

("Britvic" or the "Company")

Legal Entity Identifier: 635400L3NVMYD4BVCI53

9 September 2019

Director/PDMR Shareholding

Further to the announcement on 5 September 2019, concerning the appointment of Joanne Wilson as Chief Financial Officer of the Company, Britvic confirms that she has taken up the appointment today, and announces that the following conditional awards have been granted to her, to acquire Shares¹ for no consideration under a buy-out agreement, in reliance of the exemption granted in Listing Rule 9.4.2(2). 

Number of Shares awarded	Indicative value2 of Shares awarded	Vest date3
22,823	£202,280	11 May 2020
18,596	£164,816	9 May 2021
9,579	£84,899	9 September 2022

Further information about Joanne's full pay award including the above share awards can be found at britvic.com/media-centre.

The attached notification, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provides further information. 

Jonathan Adelman 

Company Secretary 

Notes 

1.    The Company's ordinary shares of 20 pence per share ("Shares"). 

2.   The indicative value of the Shares is based on a price of £8.863 per Share, being the average Share price for the week of 2 to 6 September 2019.

3.    The Share awards are a conditional right to receive the number of Shares stated and will vest on the dates shown provided that Joanne does not leave the Company before the vesting date. 

For further information please contact:

Investors:

Steve Nightingale (Director of Investor Relations)                             [phone]

Media:

Kathryn Partridge (Director of Corporate Relations)                         [phone]

1.             Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Rosemary Joanne Wilson
Reason for the notification
(a)	Position/status	Executive Director - Chief Financial Officer
(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	Grant of awards made under the buy-out award agreement
(c)	Price(s) and volume(s)	Price(s) £0	Volume(s) 50,998
(d)	Aggregated information -     Aggregated volume -     Price	50,998 £0
(e)	Date and time of the transaction	2019/09/09
(f)	Place of the transaction	Outside a trading venue

 

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