Director/PDMR Shareholding

RNS Number : 2248W

Glanbia PLC

10 November 2017

 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 [This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Patten
2	Reason for the notification
a)	Position/status	Group Human Resources and Corporate Affairs Director and Person Discharging Managerial Responsibility
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Glanbia plc
b)	LEI	635400SRMCBHVMSKJS84
4	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 €0.06 each ISIN: IE0000669501
b)	Nature of the transaction	(1) Vesting of awards granted on 10 November 2014 to Michael Patten pursuant to the Glanbia plc 2008 Long Term Incentive Plan - 6,283 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal), being 81.06% of the original award; the balance of the award lapsed. (2) Sale of 3,109 ordinary shares of €0.06 each by Michael Patten to settle a withholding tax liability arising on the vesting of awards under the 2008 Long Term Incentive Plan referred to in (1) which is payable immediately.
c)	Price(s) and volume(s)	Transaction No. Price(s) Volume(s) Transaction Type 1 €16.48 6,283 Acquisition 2 €16.48 (3,109) Sale
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) €16.48 3,174
e)	Date of the transaction	(1)   and (2) 2017-11-10 - 1:00 P.M.  UTC
f)	Place of the transaction	Jersey
g)	Additional Information

 

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