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INDV - Indivior News Story

155.3p 2.3  1.5%

Last Trade - 4:42pm

Market Cap £1.12bn
Enterprise Value £646.5m
Revenue £485.4m
Position in Universe 407th / 1819

Indivior PLC - Director/PDMR Shareholding

Tue 13th March, 2018 3:14pm
RNS Number : 6043H
Indivior PLC
13 March 2018

INDIVIOR PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

The Company announces that it was notified on March 13, 2018 of the following changes to the interests of a director and person discharging managerial responsibilities ('PDMR') in the Ordinary Shares of $0.10 each in the Company ('Shares').

In accordance with the Rules of the Indivior Long-Term Incentive Plan ('LTIP'), on March 12, 2018 the Director and PDMR named below received Shares following the vesting of a Conditional Award granted on March 11, 2015 pursuant to the LTIP. The award vested at 73.5% of maximum.

Name of Director / PDMR

Number of Shares Received

Type of Award

Number of Shares sold (to cover tax liabilities and expenses)

Number of Shares retained

Shaun Thaxter

1,219,432

Conditional Award

551,896

667,536

A minimum number of Shares were sold to cover tax liabilities and expenses arising on the vesting of the award. The Shares were sold on March 12, 2018 at an average price of 4.03642 per Share.

Following this transaction, Shaun Thaxter has a beneficial interest in 1,509,334 Shares.

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

Vesting of Conditional Award over Ordinary Shares of US$0.10

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

1,219,432

d)

Aggregated information

- Volume

- Price

- Total

n/a

e)

Date of the transaction

March 12, 2018

f)

Place of the transaction

n/a

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

Sale of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

4.03642

551,896

d)

Aggregated information

- Volume

- Price

- Total

551,896

4.03642

2,227,684.05

e)

Date of the transaction

March 12, 2018

f)

Place of the transaction

London Stock Exchange

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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