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INDV - Indivior News Story

148.1p 0.1  0.1%

Last Trade - 14/05/21

Market Cap £1.09bn
Enterprise Value £617.6m
Revenue £478.1m
Position in Universe 413th / 1826

Indivior PLC - Director/PDMR Shareholding

Mon 12th March, 2018 4:30pm
RNS Number : 4651H
Indivior PLC
12 March 2018

INDIVIOR PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM

The Company announces that on March 9, 2018 it made Conditional Awards ('Awards') over Ordinary Shares of US$0.10 each in the Company ('Shares') under the Rules of the Indivior Long-Term Incentive Plan ('LTIP') to the PDMRs set out below:

Name

Maximum number of Shares under Award

Executive Directors

Shaun Thaxter

729,617

Mark Crossley

452,209

Executive Committee members

Debby Betz

174,666

Ingo Elfering

218,100

Jon Fogle

203,893

Christian Heidbreder

424,777

Javier Rodriguez

399,790

Richard Simkin

522,867

Frank Stier

182,119

Ponni Subbiah

205,529

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 and Product 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

Director / PDMR - 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

729,617

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Crossley

2

Reason for the notification

a)

Position/status

Director / PDMR - 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

452,209

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Debby Betz

2

Reason for the notification

a)

Position/status

PDMR - 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

174,666

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ingo Elfering

2

Reason for the notification

a)

Position/status

PDMR - Chief Information and Innovation 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

218,100

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Fogle

2

Reason for the notification

a)

Position/status

PDMR - 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

203,893

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christian Heidbreder

2

Reason for the notification

a)

Position/status

PDMR - 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

424,777

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Javier Rodriguez

2

Reason for the notification

a)

Position/status

PDMR - 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

399,790

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Simkin

2

Reason for the notification

a)

Position/status

PDMR - Chief Commercial and Strategy 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

522,867

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Frank Stier

2

Reason for the notification

a)

Position/status

PDMR - Chief Manufacturing and 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

182,119

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ponni Subbiah

2

Reason for the notification

a)

Position/status

PDMR - 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

205,529

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

March 9, 2018

f)

Place of the transaction

Outside a trading venue

Indivior PLC's Legal Entity Identifier code is 213800V3NCQTY7IED471.


This information is provided by RNS
The company news service from the London Stock Exchange
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