Source - RNS
RNS Number : 3860X
Vivo Energy PLC
09 August 2018
 

 

 

Director/PDMR Shareholding

 

FOR IMMEDIATE RELEASE

 

9 August 2018

 

Vivo Energy plc

 

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility

 

On 8 August 2018, Vivo Energy plc (the Company) granted to certain directors and persons discharging managerial responsibility (the PDMRs) nil-cost options (the Awards) over ordinary shares of the Company (the Shares). The Awards were granted under the 2018 Long Term Incentive Plan, and will vest subject to performance conditions relating to EPS, ROACE and TSR growth measured over three financial years between 1 January 2018 to 31 December 2020. Following determination of the extent of satisfaction of performance conditions, the Awards are subject to a holding period of 2 years, during which period the Awards may not normally be exercised.

 

Details of the number of Shares underlying each PDMR's Award, are detailed below.

 

Name

Position

Number of Shares

Christian Chammas

Chief Executive Officer

1,081,081

Johan Depraetere

Chief Financial Officer

608,108

 

  

This notification is made in accordance with the requirements of the Market Abuse Regulation.

Paul Waters
Head of Corporate Secretariat
[email protected] 
 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christian Chammas

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Vivo Energy plc

b)

LEI

213800TR7V9QN896AU56    

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

Nil-cost options over ordinary shares of Vivo Energy plc

 

 

ISIN: GB00BDGT2M75

b)

Nature of the transaction

Grant of nil-cost options under the 2018 Long Term Incentive Plan

c)

Price(s) and volume(s)

1,081,081 shares

 

£0

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

1,081,081 shares

 

£0

e)

Date of the transaction

8 August 2018

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Johan Depraetere

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Vivo Energy plc

b)

LEI

213800TR7V9QN896AU56

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

Nil-cost options over ordinary shares of Vivo Energy plc

 

  

ISIN: GB00BDGT2M75

b)

Nature of the transaction

Grant of nil-cost options under the 2018 Long Term Incentive Plan

c)

Price(s) and volume(s)

608,108 shares

 

£0

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

608,108 shares

 

£0

e)

Date of the transaction

8 August 2018

f)

Place of the transaction

Outside a trading venue

 


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