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viewGlanbia PLC

Glanbia PLC - Director/PDMR Shareholding

RNS Number : 7946T
Glanbia PLC
18 November 2019
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

James Bergin

 

 

 

 

2

Reason for the notification

 

a)

Position/status

 

 

CEO, Glanbia Ireland and Person Discharging Managerial Responsibility

 

 

 

b)

Initial Notification Amendment

 

 

Initial Notification

 

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 

Glanbia plc

 

b)

LEI

 

635400SRMCBHVMSKJS84

 

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 €0.06 each

 

ISIN: IE0000669501

b)

Nature of the transaction  

(1) Vesting of awards granted on 18 November 2016 to James Bergin pursuant to the Glanbia Ireland DAC Long Term Incentive Plan - 22,929 ordinary shares of €0.06 each (subject to the necessary withholding taxes, forfeiture provisions and certain restrictions on disposal), being 74.7% of the original award; the balance of the award lapsed.

 

(2) Sale of 11,947  ordinary shares of €0.06 each by James Bergin to settle a withholding tax liability arising on the vesting of awards under the Long Term Incentive Plan referred to in (1) which is payable immediately.

 

(3) Acquisition of  757 shares through an inheritance

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Transaction Type

 

€11.51

 

22,929

 

Acquisition

 

€11.51

 

(11,947)

 

Sale

€N/A

 

757

 

Inheritance

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Price(s)

Volume(s)

 

€11.51

 

10,982

 

€N/A

 

757

 

 

 

 

e)

Date of the transaction

 

(1) 2019-11-18 - 08:00A.M.  UTC and (2) 2019-11-18 - 08:00 A.M.  UTC

 

(3)   2019-11-18 - 08:00 A.M.  UTC

 

 

f)

Place of the transaction

 

1      and  2  - Jersey

3      Kilkenny

 

 

g)

Additional Information

 

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

Euronext Dublin.

 


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.
 
END
 
 
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Quick facts: Glanbia PLC

Price: 9.225

Market: LSE
Market Cap: €2.73 billion
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