REG - Indivior PLC - Director/PDMR Shareholding

IndiviorAnnouncement

10/03/2020 14:30

RNS Number : 5832F
  
Indivior PLC
  
10 March 2020
  
 

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, 2020 it granted Conditional Awards ('Awards') over Ordinary Shares of US$0.10 each in the Company ('Shares') under the Indivior Long-Term Incentive Plan ('LTIP') to the PDMRs set out below:




Name


Maximum number of Shares under Award




Executive Directors


 




Shaun Thaxter


3,046,085




Mark Crossley


2,057,610




Executive Committee members


 




Debby Betz


729,212




Cindy Cetani


778,555




Rosh Dias


863,861




Jon Fogle


851,234




Christian Heidbreder


1,773,405




Javier Rodriguez


1,669,087




Richard Simkin


2,182,919




Hillel West


842,200




The vesting of these 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') versus the FTSE 250 excluding investment trusts and (2) relative TSR versus the S&P1500 Pharmaceutical and Biotech Index (50% weighting for each measure).
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


3,046,085




  


 




d)
 


Aggregated information
 
- Aggregated volume
 
 - Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




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 & Operations 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


2,057,610




  


 




d)
 


Aggregated information
 
- Aggregated volume
  
- Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




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


729,212




  


 




d)
 


Aggregated information
 
- Aggregated volume
 
 - Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




f)
 


Place of the transaction
 


Outside a trading venue


 




 




1


Details of the person discharging managerial responsibilities / person closely associated


 




a)
 


Name
  


Cindy Cetani


 




2
 


Reason for the notification
 


 




a)
 


Position/status
  


PDMR - Chief Integrity and Compliance 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


778,555




  


 




d)
 


Aggregated information
 
- Aggregated volume
 
 - Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




f)
 


Place of the transaction
 


Outside a trading venue


 




 




1


Details of the person discharging managerial responsibilities / person closely associated


 




a)
 


Name
  


Rosh Dias


 




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


863,861




  


 




d)
 


Aggregated information
 
- Aggregated volume
 
 - Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




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


851,234




  


 




d)
 


Aggregated information
 
- Aggregated volume
 
 - Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




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


1,773,405




  


 




d)
 


Aggregated information
 
- Aggregated volume
  
- Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




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


1,669,087




  


 




d)
 


Aggregated information
 
- Aggregated volume
  
- Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




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 & 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


2,182,919




  


 




d)
 


Aggregated information
 
- Aggregated volume
  
- Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




f)
 


Place of the transaction
 


Outside a trading venue


 




 




1


Details of the person discharging managerial responsibilities / person closely associated


 




a)
 


Name
  


Hillel West


 




2
 


Reason for the notification
 


 




a)
 


Position/status
  


PDMR - Chief Manufacturing & 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


842,200




  


 




d)
 


Aggregated information
 
- Aggregated volume
  
- Price
 


 
N/A


 




e)
 


Date of the transaction
  


March 9, 2020


 




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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
DSHGPUBAWUPUUBU