For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230505:nRSE4787Ya&default-theme=true
RNS Number : 4787Y Fevertree Drinks PLC 05 May 2023
5 May 2023
Fevertree Drinks plc
Grant of Options
Fevertree Drinks plc (the "Company") announces the grant of options over a
total of 270,856 ordinary shares of 0.25 pence each ("Ordinary Shares") in the
Company with an exercise price of 0.25 pence.
On 3 May 2023, 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 164,865 1 January 2023 to 31 December 2025 3 May 2026 0.25p per share
Andy Branchflower Chief Financial Officer 105,991 1 January 2023 to 31 December 2025 3 May 2026 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 2023 awards.
Ends
For further information:
Investor queries
Ann Hyams, Director of Investor Relations I ann.hyams@fever-tree.com I +44
(0)2045 168 106
Media queries
Oliver Winters, Director of Communications I oliver.winters@fever-tree.com I
+44 (0)770 332 9024
Nominated Advisor and Broker - Investec Bank plc
David Flin I Alex Wright I +44 (0)20 7597 5970
Corporate Broker - Morgan Stanley & Co. International plc
Andrew Foster I Jessica Pauley I +44 (0)20 7425 8000
Financial PR advisers - FGS Global
Faeth Birch +44 (0)7768 943 171 I Anjali Unnikrishnan +44 (0)7826 534 233
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 85
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 1. 164,865
2. 0.25p 2. 105,991
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
3 May 2023
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHBUGDUSGGDGXS