REG - Indivior PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">INDV.L</Origin>
RNS Number : 3689YIndivior PLC16 May 2016INDIVIOR PLC (the 'Company' or 'Indivior')
NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
The notifications below were received under Paragraph 3.1.2. of the Disclosure and Transparency Rules.
The Company announces that it was notified on May 16, 2016 of the following changes to the interests of its directors and persons discharging managerial responsibility ('PDMR') in the Ordinary Shares of $0.10 each in the Company (the 'Shares').
In accordance with the rules of the Indivior Long-Term Incentive Plan (the 'Indivior LTIP'), on May 11, 2016 the directors and PDMRs named below received Shares following the vesting of conditional awards granted on December 29, 2014 (see note 1) as set below:
Name of Director*/PDMR
Number of Shares Received
Type of Award
Number of Shares sold (to cover tax liabilities)
Number of Shares retained
Shaun Thaxter*
462,543
177,000
Conditional Award
Conditional Award
221,186
84,641
241,357
92,359
Dr Tim Baxter
33,038
Conditional Award
15,799
17,239
Mark Crossley
105,724
Conditional Award
50,557
55,167
Tony Goodman
105,724
Conditional Award
50,557
55,167
Dr Christian Heidbreder
105,724
Conditional Award
50,557
55,167
Javier Rodriguez
16,519
Conditional Award
7,900
8,619
Richard Simkin
214,752
106,200
Conditional Award
Conditional Award
102,694
50,785
112,058
55,415
Frank Stier
33,038
Conditional Award
15,567
17,471
Note 1 - the Conditional Awards granted under the Indivior LTIP were made on December 29, 2014 following the demerger of the Company from Reckitt Benckiser Group plc ('RB') pursuant to an irrevocable form of election under which certain executives, who moved from RB to the Company on demerger elected to convert RB options and awards granted in December 2012 under RB's Long-Term Incentive Plan into awards and options over Shares in the Company awarded under the Indivior LTIP.
Shares were sold in London between May 11 and 12, 2016 at an average price of 1.556395 pence per share.
Following these transactions, the directors and PDMRs have a beneficial interest in the following number of Shares (see note 2):
Name
Number of Shares
Shaun Thaxter
833,716
Dr Tim Baxter
21,488
Mark Crossley
124,192
Tony Goodman
75,167
Dr Christian Heidbreder
55,167
Javier Rodriguez
21,979
Richard Simkin
170,866
Frank Stier
33,087
Note 2 - these holdings include Shares held in the form of American Depositary Receipts (ADRs). The Company has a sponsored Level 1 American Depositary Receipt (ADR) facility in the United States, with each ADR representing five ordinary shares of US$0.10 each in the Company ('Shares'). ADRs are traded on the US over-the-counter market.
Kathryn Hudson
Company Secretary
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHGGUCCAUPQGPQ
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