REG - Indivior PLC - Director/PDMR Shareholding

IndiviorAnnouncement

12/03/2018 16:30

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.

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