Britvic plc
LEI: 635400L3NVMYD4BVCI53
1 February 2022
Director/PDMR Shareholder
Britvic plc (the "Company") announces the vesting on 31 January 2022 of an award of notional ordinary shares in the Company of 20 pence per share ("Shares") made on 10 January 2019 under the Britvic International Share Incentive Plan (EMEA), which is an unapproved share incentive plan for selected international employees based outside of Great Britain.
The Britvic International Share Incentive Plan (EMEA) is a cash only plan. Notional Shares are awarded at nil value and held for three years, at which time a cash award is made in lieu of the sale of Shares at the current market price.
Name of Executive Director/PDMR |
Position (Executive Director/PDMR) |
Number of Shares vested 1 |
Hessel de Jong |
PDMR |
1,074 |
As a result of the above transactions, the interests of the above PDMRs and their connected persons in the Company's 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 Shares |
Name of Connected Person |
Number of Shares |
Total Shares |
Percentage of Issued Share Capital |
Hessel de Jong |
28,862 |
- |
- |
28,862 |
0.01% |
Notes
1. A cash award in lieu of the sale of the above vested Shares was made at a value of £9.365 per Share.
This notification is made in accordance with DTR 3.1.4R(1)(a) of the FCA's Disclosure Guidance and Transparency Rules.
The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.
Clare Thomas
Company Secretary
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) |
Name |
Hessel de Jong |
|
Reason for the notification |
|||
(a) |
Position/status |
International Managing Director, PDMR |
|
(b) |
Initial notification/Amendment |
Initial notification |
|
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
(a) |
Name |
Britvic plc |
|
(b) |
LEI |
635400L3NVMYD4BVCI53 |
|
3. 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 20 pence each
ISIN: GB00B0N8QD54 |
|
(b) |
Nature of the transaction |
Vesting of a notional free share award under the Britvic International Share Incentive Plan (EMEA) |
|
(c) |
Price(s) and volume(s) |
Price(s) £0 |
Volume(s) 1,074 |
(d) |
Aggregated information - Aggregated volume - Price |
n/a £0 |
|
(e) |
Date and time of the transaction |
31 January 2022 |
|
(f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
1. Details of the person discharging managerial responsibilities/person closely associated | |||
(a) |
Name |
Hessel de Jong |
|
Reason for the notification |
|||
(a) |
Position/status |
International Managing Director, PDMR |
|
(b) |
Initial notification/Amendment |
Initial notification |
|
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
(a) |
Name |
Britvic plc |
|
(b) |
LEI |
635400L3NVMYD4BVCI53 |
|
3. 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 20 pence each
ISIN: GB00B0N8QD54 |
|
(b) |
Nature of the transaction |
Cash award in lieu of sales of Shares vested under the Britvic International Share Incentive Plan (EMEA) |
|
(c) |
Price(s) and volume(s) |
Price(s) £9.365 |
Volume(s) 1,074 |
(d) |
Aggregated information - Aggregated volume - Price |
1,074 £10,058.01 |
|
(e) |
Date and time of the transaction |
31 January 2022 |
|
(f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |