REG - Fevertree Drinks PLC - Grant of Options

Fevertree DrinksAnnouncement

28/05/2020 17:05

RNS Number : 2767O
  
Fevertree Drinks PLC
  
28 May 2020
  
 

28 May 2020
Fevertree Drinks plc
Grant of Options
Fevertree Drinks plc (the "Company") announces the grant of options over a total of 112,640 ordinary shares of 0.25 pence each ("Ordinary Shares") in the Company with an exercise price of 0.25 pence.
On 20 May 2020, the following options were issued to the Company's Executive Directors, pursuant to the Company's Long Term Incentive Plan ("LTIP"):
 



Nam


Title


Number of share options granted


Performance period


Vesting period


Exercise price




Tim Warrillow


Chief Executive Officer


68,561 


1 January 2020 to 31 December 2022


3 years commencing on 20 May 2020


0.25p per share




Andy Branchflower


Chief Financial Officer


44,079 


1 January 2020 to 31 December 2022


3 years commencing on 8 May 2020


0.25p per share



 
The number of Ordinary Shares stated is the maximum number that could be issued to each Executive Director upon full satisfaction of the performance conditions attached to the 2020 awards.
 
 
For further information:
 
Fever-Tree Drinks plc
 
Investor queries
Ann Hyams, Director of Investor Relations I ann.hyams@fever-tree.com I +44 (0)7435 828 138
 
Media queries
Oliver Winters, Director of Communications I oliver.winters@fever-tree.com I +44 (0)770 332 9024
 
Nominated Advisor and Joint Broker - Numis Securities
Garry Levin I Matt Lewis I Hugo Rubinstein I +44 (0)20 7260 1000
 
Joint Broker - Investec Bank plc
David Flin I Alex Wright I David Anderson I +44 (0)20 7597 5970
Brunswick Group                                                                         
Jonathan Glass | Fiona Micallef-Eynaud | +44 (0) 20 7404 5959
 
 
Notes to Editors:
 
Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 70 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On Trade") as well as selected retail outlets ("Off Trade"). 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations



1


Details of the persons discharging managerial responsibilities / person closely associated




a)


Name


1. Tim Warrillow
2. Andy Branchflower




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


Fevertree Drinks plc




b)


LEI


2138007AJRLHRVQZLD07




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 0.25 pence each
 




Identification code


GB00BRJ9BJ26




b)


Nature of the transaction


Grant of options




c)


Price(s) and volume(s)





Exercise Prices per share


Volumes








1. 0.25p
2. 0.25p


1. 68,561
2. 44,079
 








d)


Aggregated information
- Aggregated volume
- Price


N/A




e)


Date of the transaction


20 May 2020




f)


Place of the transaction


Outside a trading venue



 


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