REG-Britvic plc Director/PDMR Shareholding

BritvicAnnouncement

13/12/2023 13:15

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   Britvic plc (BVIC )
   Director/PDMR Shareholding

   13-Dec-2023 / 13:14 GMT/BST

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   Britvic plc

   LEI: 635400L3NVMYD4BVCI53

   12 December 2023

    

   Director/PDMR Shareholding

    

   Britvic plc (the "Company") was notified on 12 December 2023, that the
   Executive Directors were granted conditional awards to acquire, for no
   consideration, Shares under the 2015 Britvic Performance Share Plan
   (“PSP”).

   At the January 2022 AGM the Directors Remuneration policy was agreed
   introducing bonus deferral for the CEO and CFO (one third of any bonus
   earned will be delivered in shares which will be deferred for two years).

   Details of the number of Shares awarded to Executive Directors are
   detailed below:

   Name             Position           Number of Shares        Plan
                                       awarded
   Simon Litherland Executive Director 206,707                 PSP
   Simon Litherland Executive Director 42,882                  Deferred bonus
   Rebecca Napier   Executive Director 98,858                  PSP

    

   The share awards made under the PSP are a conditional right to receive up
   to the number of Shares stated and will vest to the extent that certain
   performance criteria are satisfied by the Company over a three-year period
   from 1 October 2023 to the end of the Company’s financial year in 2026.

    

   The performance condition attaching to the PSP award has two elements.
   Half of the shares under award shall be measured on relative Total
   Shareholder Return (“TSR”) against the FTSE 250 (excluding investment
   trusts) and 20% of that part of the award shall vest at median
   performance, rising on a straight line to 100% of the award vesting at
   upper quartile performance. The other half of the shares under award shall
   be measured on adjusted EPS with threshold vesting at 63.1p, at which 20%
   of that element of the award shall vest, increasing on a straight-line
   basis to 72.1p at which 100% of that element of the award shall vest.

   Notes

    1. The Company’s ordinary shares of 20 pence per share (“Shares”)

    

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

    

   Mollie Stoker

   Company Secretary

    

    

    

    

    

    

    

    

    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, DIRECTOR
   (b)  Initial notification/Amendment     INITIAL NOTIFICATION
    2. Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
                                             BRITVIC PLC
   (a)  Name
                                            
   (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
                                           ORDINARY SHARES OF 20 PENCE EACH
        Description of the financial
        instrument, type of instrument      

   (a)                                      

        Identification code                ISIN: GB00B0N8QD54

                                            
                                           GRANT OF AWARDS MADE UNDER THE
   (b)  Nature of the transaction          2015 BRITVIC PERFORMANCE SHARE
                                           PLAN (PSP)
                                           Price(s)          Volume(s)
   (c)  Price(s) and volume(s)
                                           £0                  249,588
        Aggregated information              

   (d)    • Aggregated volume                249,588          
          • Price
                                            £0
   (e)  Date and time of the transaction   12 December 2023
   (f)  Place of the transaction           Outside a trading venue

    

    

    

    

    

    

    1.  Details of the person discharging managerial responsibilities/person
       closely associated
   (a)  Name                               REBECCA NAPIER
   Reason for the notification
   (a)  Position/status                    CHIEF FINANCIAL OFFICER, DIRECTOR
   (b)  Initial notification/Amendment     INITIAL NOTIFICATION
    2. Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
                                             BRITVIC PLC
   (a)  Name
                                            
   (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
                                           ORDINARY SHARES OF 20 PENCE EACH
        Description of the financial
        instrument, type of instrument      

   (a)                                      

        Identification code                ISIN: GB00B0N8QD54

                                            
                                           GRANT OF AWARDS MADE UNDER THE
   (b)  Nature of the transaction          2015 BRITVIC PERFORMANCE SHARE
                                           PLAN (PSP)
                                           Price(s)         Volume(s)
   (c)  Price(s) and volume(s)
                                           £0                 98,858
        Aggregated information              

   (d)    • Aggregated volume                98,858          
          • Price
                                            £0
   (e)  Date and time of the transaction   12 December 2023
   (f)  Place of the transaction           Outside a trading venue

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           GB00B0N8QD54
   Category Code:  DSH
   TIDM:           BVIC
   LEI Code:       635400L3NVMYD4BVCI53
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   291814
   EQS News ID:    1796299


    
   End of Announcement EQS News Service

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