REG - Indivior PLC - Director/PDMR Shareholding

IndiviorAnnouncement

13/03/2018 15:15

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
END
DSHGGUPGWUPRGAW