Director/PDMR Shareholding

RNS Number : 1220I

Glanbia PLC

09 December 2020

 

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	James Bergin
2	Reason for the notification
a)	Position/status	CEO, Glanbia Ireland 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 17 August 2017 to James Bergin pursuant to the Glanbia Ireland DAC Long Term Incentive Plan - 8,137 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and certain restrictions on disposal), being 52.3% of the original award; the balance of the award lapsed. (2) Sale of 4,240 ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the vesting of awards under the Long Term Incentive Plan referred to in (1) which is payable immediately. (3) Mandatory deferral of a proportion of James Bergin's 2019 Annual Incentive into 8,413 ordinary shares of €0.06 each in Glanbia plc (subject to the necessary withholding taxes, forfeiture provisions and restrictions on disposal) (4) Sale of 4,375 ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the mandatory deferral of the proportion of his 2019 Annual Incentive into shares in Glanbia plc referred to in (3) which is payable immediately.
c)	Price(s) and volume(s)	Price(s) Volume(s) Transaction Type €10.31 8,137 Acquisition €10.31 (4,240) Sale €10.49 8,413 Acquisition €10.49 (4,375 ) Sale
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) €10.31 3,897 €10.49 4,038
e)	Date of the transaction	(1) 2020-12-09 - 08:00 A.M.  UTC and (2) 2020-12-09 - 08:00 A.M.  UTC (3)  2020-12-09 - 10:47 A.M.  UTC and (4) 2020-12-09 - 11:06 A.M. UTC
f)	Place of the transaction	1  and  2  - Jersey 3  and 4 - - Dublin
g)	Additional Information

 

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