Director/PDMR Shareholding

RNS Number : 9723T

Glanbia PLC

19 December 2012

 



Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

 This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

1	Name of the Issuer	Glanbia plc
2	Name of person discharging managerial responsibilities	Kevin Toland
3	State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person	Not applicable
4	Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest	Notification is in respect of a holding of the person referred to in 2.
5	Description of shares or derivatives or other financial instruments linked to them	Ordinary shares of €0.06 each
6	Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder	The details in respect of each of the numbered transactions in 7 below are as follows: (1) Davycrest Nominees - (Exercise of Options) (2) Davycrest Nominees - (Exercise of Options) (3) Davycrest Nominees  (Sale of Shares)
7	State the nature of the transaction	(1) Exercise of option entitlement pursuant to the Glanbia plc 2002 Long Term Incentive Plan - 100,000 ordinary shares of €0.06 each (2) Exercise of option entitlement pursuant to the Glanbia plc 2002 Long Term Incentive Plan - 48,000 ordinary shares of €0.06 each (3) Sale of 253,280 ordinary shares of €0.06 each
8	Number of shares, derivatives or other financial instruments linked to them acquired	The details in respect of each of the numbered transactions in 7 above are as follows: (1) 100,000 (Exercise of Options) (2) 48,000 (Exercise of Options) (2) Not applicable (Sale of Shares)
9	Number of shares, derivatives  or other financial instruments linked to them  disposed of	The details in respect of each of the numbered transactions in 7 above are as follows: (1) Not applicable (Exercise of Options) (2) Not applicable (Exercise of Options) (3) 253,280 Ordinary Shares
10	Price per share or derivative or other financial instrument linked to them or value of transaction	The details in respect of each of the numbered transactions in 7 above are as follows: (1) EUR761,500 (Market Value of shares on date prior to exercise - exercise price paid by Kevin Toland - EUR272,500) (1) EUR365,520 (Market Value of shares on date prior to exercise - exercise price paid by Kevin Toland - EUR193,440) (3) EUR1,924,928
11	Date and place of transaction	The details in respect of each of the numbered transactions in 7 above are as follows: (1)  17 December 2012  - Dublin (2)  17 December 2012  - Dublin (3)  18 December 2012  - Dublin
12	Date issuer informed of transaction	The details in respect of each of the numbered transactions in 7 above are as follows: (1) 19 December 2012 (2)  19 December 2012 (3)  19 December 2012
13	Any additional information	Not applicable
14	Name of contact and telephone number for queries	Michael Horan - 056 7772200
	Person authorised on behalf of the issuer responsible for making the notification Michael Horan Date of notification: 19 December 2012

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons.  An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

15	Name of director or secretary (if not required to be stated in box 2)	(1), (2) and (3) -  Kevin Toland
16	State whether the notification relates to a single transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10	(1) Notification is in respect of the exercise of an option entitlement pursuant to the Glanbia plc 2002 Long Term Incentive Plan - 100,000 ordinary shares of €0.06 each (2) Notification is in respect of the exercise of an option entitlement pursuant to the Glanbia plc 2002 Long Term Incentive Plan - 48,000 ordinary shares of €0.06 each (3) Sale of 253,280 ordinary shares of €0.06 each Three transactions being notified in accordance with the Market Abuse Rules and ISE LR 6.10
17	Description of class of share	Ordinary shares of €0.06 each
18	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating  percentage)	The details in respect of each of the numbered transactions in 7 above are as follows: (1) Not material less than 1% (2) Not material less than 1% (3) Not applicable
19	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage)	The details in respect of each of the numbered transactions in 7 above are as follows: (1)  Not applicable (2)  Not applicable (3)  Not material less than 1%
20	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)	0  ordinary shares of €0.06 each Award in respect of up to 145,000 ordinary shares of €0.06 each may vest under the 2008 Glanbia plc Long Term Incentive Plan - Award date - 25 May 2010 Award in respect of up to 140,000 ordinary shares of €0.06 each may vest under the 2008 Glanbia plc Long Term Incentive Plan - Award date - 28 March 2011 Award in respect of up to 102,500 ordinary shares of €0.06 each may vest under the 2008 Glanbia plc Long Term Incentive Plan - Award date - 30 August 2012. Percentage Holding: Not material, less than 1%

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

21	Date of grant	Not applicable
22	Period during which or date on which it can be exercised	Not applicable
23	Total amount paid (if any) for grant of the option	Not applicable
24	Description of shares involved (class and number)	Not applicable
25	Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise	Not applicable
26	Total number of shares over which options are held following notification	Not applicable

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

 This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

1	Name of the Issuer
2	Name of person discharging managerial responsibilities
3	State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person
4	Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest
5	Description of shares or derivatives or other financial instruments linked to them
6	Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder
7	State the nature of the transaction
8	Number of shares, derivatives or other financial instruments linked to them acquired
9	Number of shares, derivatives  or other financial instruments linked to them  disposed of
10	Price per share or derivative or other financial instrument linked to them or value of transaction
11	Date and place of transaction
12	Date issuer informed of transaction
13	Any additional information
14	Name of contact and telephone number for queries
	Person authorised on behalf of the issuer responsible for making the notification Michael Horan Date of notification: 19 December 2012

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons.  An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

15	Name of director or secretary (if not required to be stated in box 2)	Jer Doheny
16	State whether the notification relates to a single transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10	Correction of details notified in accordance with ISE LR 6.10 as per RNS Number : 3016E
17	Description of class of share	Ordinary Shares
18	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating  percentage)	N/a
19	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage)	N/a
20	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)	11,596 Ordinary Shares (Less than 1%)

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

21	Date of grant
22	Period during which or date on which it can be exercised
23	Total amount paid (if any) for grant of the option
24	Description of shares involved (class and number)
25	Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise
26	Total number of shares over which options are held following notification

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

 

END

 

 

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