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Britvic plc - Director/PDMR Shareholding

RNS Number : 1053O
Britvic plc
27 May 2020
 

Britvic plc

LEI: 635400L3NVMYD4BVCI53

27 May 2020

 

Director/PDMR Shareholding

 

Britvic plc (the "Company") announces vesting on 26 May 2020 of awards over the Company's ordinary shares of 20 pence per share ("Shares") made on 26 May 2017 under the Company's Performance Share Plan ("PSP") to Persons Discharging Managerial Responsibility ("PDMRs").

 

This PSP award had no performance criteria attached beyond service, and therefore on 26 May 2020 the number of Shares under the PSP that vested in respect of PDMRs are as follows:

 

Name of Executive Director/PDMR

Position (Executive Director/PDMR)

Number of Shares vested

Number of Shares sold1

Steve Potts

PDMR

16,461

7,764

 

As a result of the above transactions, the interests of the above PDMR 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

Steve Potts

43,020

-

-

43,020

0.02%

 

 

The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.

 

Clare Thomas

Company Secretary

 

 Notes

1              The participant sold the number of shares stated to cover liabilities for income tax and national insurance contributions arising on vesting in addition to dealing costs.  The sale was made on 26 May 2020 at price of 728.33 pence per Share.



 

1.    Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Steve Potts

Reason for the notification

(a)

Position/status

Chief Information, Transformation and Digital Officer, 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 and exercise of shares under the Britvic 2017 Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

16,461

(d)

Aggregated information

-     Aggregated volume

-     Price

 

n/a

£0.00

 

(e)

Date and time of the transaction

2020/05/26

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 



 

1.      Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Steve Potts

Reason for the notification

(a)

Position/status

Chief Information, Transformation and Digital Officer, 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

Sale of Shares to cover tax liabilities and dealing costs

(c)

Price(s) and volume(s)

Price(s)

£7.2833

Volume(s)

7,764

(d)

Aggregated information

-     Aggregated volume

-     Price

 

7,764

£56,547.54

 

(e)

Date and time of the transaction

2020/05/26

(f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Britvic PLC

Price: 781

Market: LSE
Market Cap: £2.08 billion
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