REG - Fevertree Drinks PLC - Grant of Options
RNS Number : 4526ZFevertree Drinks PLC21 May 2021May 21, 2021
Fever-Tree Drinks plc
Grant of Options
Fevertree Drinks plc (the "Company") announces the grant of options over a total of 124,968 ordinary shares of 0.25 pence each ("Ordinary Shares") in the Company with an exercise price of 0.25 pence.
On 20 May 2021, the following options were issued to the Company's Executive Directors, pursuant to the Company's Long Term Incentive Plan ("LTIP"):
Name
Title
Number of share options granted
Performance period
Vesting Date
Exercise price
Tim Warrillow
Chief Executive Officer
76,065
1 January 2021 to 31 December 2023
28 April 2024
0.25p per share
Andy Branchflower
Chief Financial Officer
48,903
1 January 2021 to 31 December 2023
28 April 2024
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 2021 awards.
For more information please contact:
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 +44 (0)20 7597 5970
Financial PR advisers - Finsbury
Faeth Birch +44 (0)7768 943 171; Anjali Unnikrishnan +44 (0) 7826 534 233; Amanda Healy +44 (0)7795 051 635
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. 76,065
2. 48,903
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
20 May 2021
f)
Place of the transaction
Outside a trading venue
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