REG - Britvic plc - Director/PDMR Shareholding

BritvicAnnouncement

05/02/2020 11:20

RNS Number : 0650C
Britvic plc
05 February 2020
 


Britvic plc
LEI: 635400L3NVMYD4BVCI53
5 February 2020
 
Director/PDMR Shareholding
 
Britvic plc (the "Company") was notified on 4 February 2020 that Simon Litherland, a Person Discharging Managerial Responsibility ("PDMR"), exercised and sold Shares1 granted under the Company's Executive Share Option Plan (Approved)  ("ESOP Approved"), under the Company's Executive Share Option Plan (Unapproved) ("ESOP Unapproved") and under the Performance Share Plan (Nil cost) ("PSP") as follows:




Date of Grant


Plan


Option Price (£)


Sale price (£)


Number of Shares exercised


Number of Shares sold




6 December 2011


ESOP Approved


3.32


9.41


6,242


6,242




6 December 2011


ESOP Unapproved


3.32


9.41


114,449


114,449




6 March 2013


ESOP Unapproved


4.28


9.41


357,881


357,881




6 December 2013


ESOP Unapproved


6.65


9.41


230,248


230,248




6 December 2011


PSP


0


9.41


43,969


43,969




 
Following the above transactions, Simon's interest 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) remains unchanged at 311,633 Shares which represents 0.12% of the Company's issued share capital. This holding fulfils more than twice the requirement that applies to the CEO under the Company's approved Remuneration Policy.
The attached notifications, made in accordance with Article 19(3) of the EU Market Abuse Regulation, provide further information.
 
 
Jonathan Adelman
Company Secretary
 
 Notes
1              The share awards were made in respect of the Company's ordinary shares of 20 pence per share ("Shares").
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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


Exercise of shares under the Britvic plc 2011 Executive Share Option Plan Approved




(c)


Price(s) and volume(s)


Price(s)
 
332 pence


Volume(s)
 
6,242




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
6,242
£20,697.85


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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


Exercise of shares under the Britvic plc 2011 Executive Share Option Plan Unapproved




(c)


Price(s) and volume(s)


Price(s)
 
332 pence


Volume(s)
 
114,449




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
114,449
£379,501.44


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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


Exercise of shares under the Britvic plc 2013 Executive Share Option Plan Unapproved




(c)


Price(s) and volume(s)


Price(s)
 
428 pence


Volume(s)
 
357,881




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
357,881
£1,530,012.85


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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


Exercise of shares under the Britvic plc 2013 Executive Share Option Plan Unapproved




(c)


Price(s) and volume(s)


Price(s)
 
665 pence


Volume(s)
 
230,248




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
230,248
£1,529,997.96


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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


Exercise of shares under the Britvic plc 2011 Performance Share Plan




(c)


Price(s) and volume(s)


Price(s)
 
0 pence


Volume(s)
 
43,969




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
43,969
£0
 


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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 exercised Executive Share Option Plan Approved shares




(c)


Price(s) and volume(s)


Price(s)
 
941 pence


Volume(s)
 
6,242




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
6,242
£58,737.58


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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 exercised Executive Share Option Plan Unapproved shares




(c)


Price(s) and volume(s)


Price(s)
 
941 pence


Volume(s)
 
702,578




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
702,578
£6,611,299.04


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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




(a)


Name


Simon Litherland




Reason for the notification




(a)


Position/status


Chief Executive Officer, Executive Director




(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 exercised Performance Share Plan shares




(c)


Price(s) and volume(s)


Price(s)
 
941 pence


Volume(s)
 
43,969




(d)


Aggregated information
-     Aggregated volume
-     Price
 


 
43,969
£413,750.78


 




(e)


Date and time of the transaction


2020/02/04




(f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 
 




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