REG - Indivior PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">INDV.L</Origin>
RNS Number : 9549XIndivior PLC27 February 2017Indivior PLC (the 'Company')
Notification of transactions by directors / persons discharging managerial responsibilities ('PDMRs')
The Company announces that on February 24, 2017 it made conditional awards ('Awards') over ordinary shares of US$0.10 in the Company ('Shares') under the terms of the Indivior Long-Term Incentive Plan (the 'LTIP') to the PDMRs set out below:
Name
Maximum number of Shares under Award
Executive Directors
Shaun Thaxter
1,032,288
Mark Crossley
533,167
Executive Committee members
Debby Betz
205,936
Ingo Elfering
257,146
Jon Fogle
240,395
Christian Heidbreder
500,824
Javier Rodriguez
471,364
Richard Simkin
616,474
Frank Stier
169,965
Ponni Subbiah
242,324
The vesting of the Awards is subject to the rules of the LTIP and upon continued employment and the achievement of performance conditions. The performance conditions applicable to the Awards are based on (1) Relative Total Shareholder Return ("TSR") to the TSR of the constituents of the FTSE 250 (excluding investment trusts); (2) Relative TSR to the TSR constituents of the S&P1500 Pharmaceutical and Biotech Index (one-third weighting for each measure); and (3) Key Pipeline Targets.
The number of Shares under Award that will vest will depend upon the extent to which the performance conditions have been achieved.
No consideration is payable either on the grant or vesting of the Awards. The Awards granted to the Executive Directors will normally vest on the third anniversary of the Award date and are then subject to a further two-year holding period before the Shares are released. The Awards granted to the Executive Committee members will normally vest on the third anniversary of the Award date.
This notification is made in accordance with the requirements of the EU Market Abuse Regulation.
Kathryn Hudson
Company Secretary
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Shaun Thaxter
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
1,032,288
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Crossley
2
Reason for the notification
a)
Position/status
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
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
533,167
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Debby Betz
2
Reason for the notification
a)
Position/status
Chief Corporate Affairs & Communications Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
205,936
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ingo Elfering
2
Reason for the notification
a)
Position/status
Chief Information Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
257,146
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jon Fogle
2
Reason for the notification
a)
Position/status
Chief Human Resources Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
240,395
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Christian Heidbreder
2
Reason for the notification
a)
Position/status
Chief Scientific Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
500,824
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Javier Rodriguez
2
Reason for the notification
a)
Position/status
Chief Legal Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
471,364
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Simkin
2
Reason for the notification
a)
Position/status
Chief Commercial Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
616,474
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Frank Stier
2
Reason for the notification
a)
Position/status
Chief Supply Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
169,965
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ponni Subbiah
2
Reason for the notification
a)
Position/status
Chief Medical Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Indivior PLC
b)
LEI
213800V3NCQTY7IED471
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
Identification code
Ordinary Shares of US$0.10
GB00BRS65X63
b)
Nature of the transaction
Award over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
242,324
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
February 24, 2017
f)
Place of the transaction
London Stock Exchange (XLON)
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHPGUUPPUPMGWM
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