Director/PDMR Shareholding

RNS Number : 6554N
Britvic plc
29 July 2014
 



Britvic plc

 

 

29 July 2014

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

Britvic plc ("the Company") was notified on 28 July 2014 that the following transactions have taken place in relation to the Britvic Share Incentive Plan ("SIP") on 25 July 2014.  The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 20 pence each ("Ordinary Shares"), using deductions from salary in each 4-week pay period, and receive allocations of matching free Ordinary Shares ("Matching Shares").

 

1.         The SIP trustees have allocated 7,654 ordinary shares of 20 pence each to employees participating in the SIP as Matching Shares. These shares were allotted to the SIP on 6 January 2014 at nominal value (£1,530.80).

 

2.         The following Directors and Persons Discharging Managerial Responsibilities ("PDMR") purchased the number of Ordinary Shares set out against their names below, at a price of 724 pence per Ordinary Share, and were allocated for no consideration the number of Matching Shares set out against their names below:

 

Name

Role

Number of Ordinary Shares purchased

Number of Matching Shares

Simon Litherland

Executive Director

16

6

John Gibney

Executive Director

15

6

Doug Frost

PDMR

16

6

Simon Stewart

PDMR

16

6

Paul Graham

PDMR

16

6

Matt Barwell

PDMR

16

6

 

As a result of the above transaction, the interests of the above directors and persons discharging managerial responsibilities and their connected persons in the Company's Ordinary Shares (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:

 

Name

Number of Ordinary Shares

Name of Connected Person

Number of Ordinary Shares

Total of Ordinary Shares

Percentage of Issued Share Capital

Simon Litherland

32,253

-

-

32,253

0.01

John Gibney

244,589

-

-

244,589

0.10

Doug Frost

12,062

Laura Frost

170,179

182,241

0.07

Simon Stewart

44,038

-

-

44,038

0.02

Paul Graham

634

-

-

634

0.00

Matt Barwell

109

-

-

109

0.00

 

 

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4(1).

 

 

Clare Thomas

Company Secretary

Britvic plc


This information is provided by RNS
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