Director/PDMR Shareholdings

Fevara

05/08/2026 18:07

RNS Number : 4777P
  
Fevara PLC
  
05 August 2026
  
 


5 August 2026
 
Fevara plc
("Fevara", the "Company", or the "Group")
 
Director/PDMR Shareholdings
 
Fevara plc (LSE: FVA), an international specialist in livestock supplements, announces that the following awards of options ("Options") were made on 03 August 2026 ("Award Date"), pursuant to the Company's Long Term Incentive Plan 2023 (the "LTIP"), to certain PDMRs over ordinary shares in the Company of 2.5p each ("Ordinary Shares"):
​





PDMR


Number of Ordinary Shares




Joshua Hoopes


193,323




Gavin Manson


53,535






The Options were awarded for nil-cost subject to the rules of the LTIP and will be exercisable from the third anniversary of the Award Date to the tenth anniversary of the Award Date.  Following the development of the Group's medium-term strategic ambition to optimise performance, growth and shareholder returns, which was set out in the FY26 interim results announcement on 22 April 2026, the Remuneration Committee is keen to strengthen the link between the delivery of long-term sustained performance and Executive Director pay.  Accordingly, and in accordance with the Directors' Remuneration Policy, the Committee has determined to award an increased level of share-based incentivisation for Joshua Hoopes and Gavin Manson for the Performance Period (as defined below).
Vesting of the Options is subject to performance targets based upon the Company's adjusted Earnings Per Share ("EPS") and relative Total Shareholder Return ("TSR") over a three-year performance period covering FY26, FY27 and FY28 ("Performance Period") as follows:
Adjusted EPS (75% weighting)








Threshold


Maximum




Target


10% average annual growth in adjusted EPS


15% average annual growth in adjusted EPS




Vesting


25%


100%




 
TSR (25% weighting)








Threshold


Maximum




Target


Index Median


Index Average Upper Quartile




Vesting


25%


100%




 


Vesting is adjusted on a straight-line basis between threshold and maximum targets.  
 
Growth in adjusted EPS is calculated from a base adjusted EPS of 4.4p. 
 
Growth in TSR is measured relative to the FTSE Small Cap Index (excluding investment trusts and financial services companies) during the Performance Period.
 
The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):
 








1


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









a) Name


1.   Joshua Hoopes
2.   Gavin Manson
 








2


. Reason for the notification









a) Position/status
 


1.   Chief Executive Officer
2.   Chief Financial Officer
 




b) Initial notification/Amendment


Initial Notification




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




a) Name


Fevara plc




b) LEI


213800HTIKPQV98RA653




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


Ordinary Shares of £0.025 each




b) Identification Code


GB00BRK01058




c) Nature of transactions


Grant of award pursuant to the Company's Long Term Incentive Plan 2023




d) Price(s) and Volume(s)


Price(s)                              
1.   Nil-Cost
2.   Nil-Cost
 


Volume(s)
193,323
53,535




e) Aggregated information:
i. Aggregated volume
ii. price


N/A




f)    Date of the transaction


03 August 2026




g)   Place of the transaction


Outside a trading venue




 
 
Enquiries:




Fevara plc

Fiona Rodford (Remuneration Committee Chair)
Paula Robertson (Company Secretary)
 


01228 554 600




 








 




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