REG-Britvic plc Director/PDMR Shareholding*

BritvicAnnouncement

31/01/2024 14:30

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   Britvic plc (BVIC )
   Director/PDMR Shareholding*

   31-Jan-2024 / 14:21 GMT/BST

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   Britvic plc

   LEI: 635400L3NVMYD4BVCI53

   30 January 2024

    

   Director Shareholder

    

   Britvic plc (the “Company”) announces partial vesting on 28 January 2024
   of awards over the Company’s ordinary shares of 20 pence per share
   (“Shares”) made on 28 January 2021 under the Company’s Performance Share
   Plan (“PSP”) to Executive Directors.

   The performance criteria attached to the PSP award were Relative Total
   Shareholder Returns and adjusted, diluted EPS. Considering the performance
   against the criteria, 60.7% of the PSP vested on 28 January 2024.  Details
   of the number of Shares under the PSP that vested in respect of Executive
   Directors are as follows:

   Name of Executive Director Number of Shares vested Number of Shares sold 1
   Simon Litherland           86,762                  40,922

    

   As a  result  of  the  above transactions,  the  interests  of  the  above
   Executive Directors 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 of    Number of Name of   Number of Total   Percentage of Issued
   Executive  Shares    Connected Shares    Shares  Share Capital
   Director             Person
   Simon      439,902   -         -         439,902 0.18%
   Litherland

    

   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 29 January 2024 at
       a price of 886.422 pence per Share.
    2. The net resulting 45,840 shares are to be held for a further 2 years
       in line with the Directors Remuneration Policy.

   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.

    

    

   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, Executive
                                           Director
   (b)   Initial notification/Amendment     
    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
         Description of the financial      Ordinary shares of 20 pence each
         instrument, type of instrument
                                            
   (a)    
                                            
         Identification code
                                           ISIN: GB00B0N8QD54
   (b)   Nature of the transaction         Sale of Shares to cover tax
                                           liabilities and dealing costs
                                           Price(s)           Volume(s)
   (c)   Price(s) and volume(s)
                                           £8.86422           40,922
         Aggregated information             

   (d)     • Aggregated volume             40,922              
           • Price
                                           £362,741.61
   (e)   Date and time of the transaction  29 January 2024
   (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
        Description of the financial       Ordinary shares of 20 pence each
        instrument, type of instrument
                                            
   (a)   
                                            
        Identification code
                                           ISIN: GB00B0N8QD54
                                           Vesting of shares under the
   (b)  Nature of the transaction          Britvic 2019 Performance Share
                                           Plan
                                           Price(s)         Volume(s)
   (c)  Price(s) and volume(s)
                                           £0               86,762
        Aggregated information              

   (d)    • Aggregated volume              n/a               
          • Price
                                           £0
   (e)  Date and time of the transaction   29 January 2024
   (f)  Place of the transaction           London Stock Exchange, Main Market
                                           (XLON)

    

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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.:   300918
   EQS News ID:    1827377


    
   End of Announcement EQS News Service

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