For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220804:nRSD9825Ua&default-theme=true
RNS Number : 9825U Indivior PLC 04 August 2022
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 August 3, 2022, it granted a Conditional Award
('Award') over 348,189 Ordinary Shares of US$0.10 each in the Company
('Shares') under the Indivior Long-Term Incentive Plan ('LTIP') to Nina
DeLorenzo, Chief Global Impact Officer, a PDMR of the Company.
The vesting of the Award is subject to the Rules of the LTIP and upon
continued employment and the achievement of performance conditions. The
performance conditions applicable to the Award is 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. The Award is scheduled
to vest on March 1, 2025.
This notification is made in accordance with the requirements of the UK Market
Abuse Regulation.
Kathryn Hudson
Company Secretary
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nina DeLorenzo
2 Reason for the notification
a) Position/status PDMR - Chief Global Impact 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 Ordinary Shares of US$0.10
Identification code
GB00BRS65X63
b) Nature of the transaction Award over Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
N/A 348,189
d) Aggregated information
N/A
- Aggregated volume
- Price
e) Date of the transaction August 3, 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
August 3, 2022
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHUPUPPRUPPGWC