4 April 2019
A.G. BARR p.l.c.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
LTIP Award - 4 April 2019
On 4 April 2019 A.G. BARR p.l.c. ("A.G. BARR" or the "Company") granted awards in the form of nil-cost options over ordinary shares in the Company under the A.G. BARR p.l.c. Long Term Incentive Plan (the "LTIP") to R A White, S Lorimer, J D Kemp and A L Memmott, as noted below.
S Lorimer was also granted an award in the form of a tax qualifying option under the A.G. BARR p.l.c. Executive Share Option Scheme (the "ESOS").
Name |
Role |
Number of ordinary shares under option |
Exercise price |
R A White |
CEO |
72,686 (LTIP option) |
Nil |
S Lorimer |
Finance Director |
42,946 (LTIP option) 2,222* (ESOS option) |
Nil £8.12 per share |
J D Kemp |
Commercial Director |
38,114 (LTIP option) |
Nil |
A L Memmott |
Supply Chain Director |
33,947 (LTIP option) |
Nil |
*If the option under the ESOS is exercised at a gain, the LTIP awards will be reduced by the same value to ensure that the aggregate pre-tax value delivered to the participant remains the same as would have been the case had only the LTIP award been granted.
Julie A. Barr
Company Secretary
A.G. BARR p.l.c.