Director/PDMR Shareholding

RNS Number : 3964D

Indivior PLC

02 March 2022

 

INDIVIOR PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM

The Company announces that on March 1, 2022 it granted Conditional Awards ('Awards') over Ordinary Shares of US$0.10 each in the Company ('Shares') under the Indivior Long-Term Incentive Plan ('LTIP') to the PDMRs set out below:

Name	Maximum number of Shares under Award
Executive Directors
Mark Crossley	878,498
Ryan Preblick	544,102
Executive Committee members
Jeff Burris	490,477
Cindy Cetani	324,164
Jon Fogle	493,092
Christian Heidbreder	635,440
Kathryn Hudson	104,334
Richard Simkin	759,476
Hillel West	341,458

The vesting of the Awards is subject to the Rules of the LTIP and upon continued employment and the achievement of performance conditions.  The performance conditions applicable to the Awards are based on (1) relative Total Shareholder Return ('TSR') versus the FTSE 250 excluding investment trusts and (2) relative TSR versus the S&P1500 Pharmaceutical and Biotech Index (50% weighting for each measure).

The number of Shares under Award that will vest will depend upon the extent to which the performance conditions have been achieved.

The Company also announces that on March 1, 2022 it granted an Award over Shares under the Rules of the LTIP to the PDMR set out below:

Name	Number of Shares under Award
Executive Committee member
Kathryn Hudson	26,084

The vesting of this Award is subject to the Rules of the LTIP and upon continued employment.

No consideration is payable either on the grant or vesting of the Awards. The Awards granted to the Executive Directors will normally vest on the third anniversary of the Award date and are then subject to a further two-year holding period before the Shares are released. The Awards granted to the Executive Committee members will normally vest on the third anniversary of the Award date.

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

Kathryn Hudson

Company Secretary

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Crossley
2	Reason for the notification
a)	Position/status	Director / PDMR - Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 878,498
d)	Aggregated information - Aggregated volume  - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ryan Preblick
2	Reason for the notification
a)	Position/status	Director / PDMR - Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 544,102
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jeff Burris
2	Reason for the notification
a)	Position/status	PDMR - Chief Legal Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 490,477
d)	Aggregated information - Aggregated volume  - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Cindy Cetani
2	Reason for the notification
a)	Position/status	PDMR - Chief Integrity and Compliance Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 324,164
d)	Aggregated information - Aggregated volume  - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jon Fogle
2	Reason for the notification
a)	Position/status	PDMR - Chief Human Resources Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 493,092
d)	Aggregated information - Aggregated volume  - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christian Heidbreder
2	Reason for the notification
a)	Position/status	PDMR - Chief Scientific Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 635,440
d)	Aggregated information - Aggregated volume  - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kathryn Hudson
2	Reason for the notification
a)	Position/status	PDMR - Company Secretary
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 104,334
d)	Aggregated information - Aggregated volume  - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kathryn Hudson
2	Reason for the notification
a)	Position/status	PDMR - Company Secretary
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 26,084
d)	Aggregated information - Aggregated volume  - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Simkin
2	Reason for the notification
a)	Position/status	PDMR - Chief Commercial & Strategy Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 759,476
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hillel West
2	Reason for the notification
a)	Position/status	PDMR - Chief Manufacturing & Supply Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Indivior PLC
b)	LEI	213800V3NCQTY7IED471
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 US$0.10 GB00BRS65X63
b)	Nature of the transaction	Award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 341,458
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	March 1, 2022
f)	Place of the transaction	Outside a trading venue

Indivior PLC's Legal Entity Identifier code is 213800V3NCQTY7IED471.

 

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